It's more like giving them pocket money than a Mastercard. Given the dwindling number of ways to spend physical cash these days, a prepaid card might actually make sense, if you can monitor its usage.
The only place I would use physical money that doesn't take a form of digital payment, is public transportation (And that one is a matter of time)
While there are many formative opportunities about handling physical money (The sensation of exchanging physical coins is big on a kids mind or knowing they have money and having missplaced it), I can 100% see a case for a card instead, trackable, instant access to emergency money, etc
While there are many formative opportunities about handling physical money (The sensation of exchanging physical coins is big on a kids mind or knowing they have money and having missplaced it), I can 100% see a case for a card instead, trackable, instant access to emergency money, etc