SouthFlorida.com: "Madonna gives $10k credit card to 8-year-old daughter"
The woman is brilliant as a self-promoter — I'll give her that much. As an artist? She had her moments. (Also she's married to a guy who made a movie that The Wife and I absolutely adore.) But Madonna as a financially-wise parent? Perhaps not so much.
I've kicked the idea of this around in my head a lot this evening, and I cannot come up with a good reason for anyone doing what Madonna's doing. I haven't fully fleshed-out my own stance on giving kids credit cards, or not yet, anyway. But eight years old? Is she serious? Isn't that like third grade or something?
Friends say Madonna hopes the exercise will teach Lourdes to appreciate the value of money.
I'd really like to know how this line of thinking works. Really. When your mom spends multimillions of bucks to build a religious center in London, I have to wonder where exactly the "appreciation for the value of money" plays in. Or maybe I'm way off-base:
Lotsa de Casha, the fifth and final installment in a series of children's books by Madonna, has been released. It tells the story of the richest man in the world, who loses everything but gains a friend. Written for readers ages 6 and up, Lotsa de Casha is described as 'a whimsical updating of the age-old truth that money can't buy happiness.'
Yes. And let's prove it to our elementary-school kids by giving them credit cards.
If nothing else, Madonna's kid will have good content for her class' next edition of Show 'n' Tell.