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  #1  
Old 22-07-2007, 03:41
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6-7yr old with ATM?

my gf has brought up this idea and im not entirely sure how i feel about it, just seeing waht other's think

no matter who takes care of her child, it always seems that the money that she sends doesnt ever really get into his hands.
if she is to come to Canada soon, visa permitting, she brought up the idea of giving her son her ATM card so that he could get money himself
i just wonder about the security of him goign to the ATM, then when he has the money, how will he use it?
i would guess some of it has to go to his caretaker but at least we know that he would have some money to have if needed?
what do you think?
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  #2  
Old 22-07-2007, 03:55
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Quote:
Originally Posted by marc26 View Post
my gf has brought up this idea and im not entirely sure how i feel about it, just seeing waht other's think

no matter who takes care of her child, it always seems that the money that she sends doesnt ever really get into his hands.
if she is to come to Canada soon, visa permitting, she brought up the idea of giving her son her ATM card so that he could get money himself
i just wonder about the security of him goign to the ATM, then when he has the money, how will he use it?
i would guess some of it has to go to his caretaker but at least we know that he would have some money to have if needed?
what do you think?

Only one answer from me......dont do it.....a child at that age have normaly no clue about money, and the ones taking care of him/her would easy get their hands on the ATM-card anyway
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Old 22-07-2007, 04:04
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not only he/she has no clue 'bout money, as geir said, he/she will have no idea on how to withdraw it,
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Old 22-07-2007, 04:13
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He wouldn't have the card for long.
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  #5  
Old 22-07-2007, 04:37
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Quote:
Originally Posted by marc26 View Post
my gf has brought up this idea and im not entirely sure how i feel about it, just seeing waht other's think

no matter who takes care of her child, it always seems that the money that she sends doesnt ever really get into his hands.
if she is to come to Canada soon, visa permitting, she brought up the idea of giving her son her ATM card so that he could get money himself
i just wonder about the security of him goign to the ATM, then when he has the money, how will he use it?
i would guess some of it has to go to his caretaker but at least we know that he would have some money to have if needed?
what do you think?

I would not bother it would be more hassle, the only way any money will get to the child would be to have the child come and live on Canada
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Old 22-07-2007, 04:46
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Would he even be tall enough to use the card? There must be someone at home there that would see to it that he got whatever allowance she/you wanted him to have, no? I mean even if you had to pay a small allowance to that person as well to make sure the task at hand was completed?

I know I know... answering a question with more questions, but just trying to jar possible ideas outta the others... Tough situation.
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Old 22-07-2007, 04:54
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I would not bother it would be more hassle, the only way any money will get to the child would be to have the child come and live on Canada

BTW, did your avatar work in soi lion in Patong before?????? Or maybe her sister
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Old 22-07-2007, 06:40
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Well he may be a little young.. But teaching kids to handle money, to be responsible with money, to have bank accounts, to SAVE !! thos things can be done and encouraged from as early as possible.

You can have 2 accounts set up.. One you put the bulk in.. And then using net banking shift over 1000 or other small amounts with almost no cost to a second one that he has the ATM for. If he blows money (he will) then you can adjust the idea.

The worry would be if an adult 'confiscates' his ATM ?? Also being a kid losing it etc.
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Old 22-07-2007, 07:07
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6/7 yr old with an ATM!!!.........I don't believe I'm reading this.....

I have a 9 yr old son and for the life of me cannot see a situation where he would need to handle cash at all.........

Surely ALL his needs are provided by those caring for him? Food, schooling, clothing, entertainment..what would he need cash for???
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EDIT: My son has a piggy bank at home where he diligently saves any spare change I give him, that's the only time he handles cash and he never spends.

Last edited by snorter : 22-07-2007 at 07:11.
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Old 22-07-2007, 08:28
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The problem is (I am guessing here) those caring for him, steal the money thats for the son, for thier own comfort.

Once Ao goes to Canada for a bit that problem is more real.. Just sending some family the sons money, how much does the kid get ?? How much gets to the kids school fees and books.

Seen similar among other extended family problems myself. Wifey wanted to adopt her sisters kid as they were not being taken care of well enough and the girl was not going to get any schooling despite being a really sharp kid.
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  #11  
Old 22-07-2007, 08:49
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This beggars belief.........putting your child in the care of people you cannot trust to look after his needs?? Shouldn't the child be staying with the mother, particularly as she has a sponsor. If the mother is travelling abroad why can't the child travel with her (that's what should happen......or she shouldn't travel).

Maybe I'm missing something but I'm not posting again on this topic.........
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  #12  
Old 22-07-2007, 08:53
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Often its not possible for the child to travel, visa's not forthcoming, schooling cannot happen, the child has no / not enough english, the mothers visit not full time, circumstances simply dont allow it.

Normal 3rd world problems sadly.

Now I think about it.. 6 - 7 is too young.. By age 10 I guess they may have more ability to handle things like this more..
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Old 22-07-2007, 16:49
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have to agree with the rest, a 6/7 year old kind is too young to handle these kind of things. Great idea if he would have been 12 or older.
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  #14  
Old 22-07-2007, 18:38
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Something I think might be worth looking at is the Krungsi Ayudha (sp?) bank (not sure if others have the same system)...via their online banking you can sign up to a "cardless ATM" system...basically you log onto the bank, tell it how much cash you want and your mobile number and it will send a transaction pin to your phone, you can then go to any cash machine within 3 days, type in your mobile number, the transaction pin and voila, get the designated amount of money...codes are obviously good for only 1 transaction and you cant change the amount at the ATM......

You could put as much cash as you want into the bank and have complete control of how much is withdrawn and when by just sending the transaction codes to the kids mobile...obviously what happens to it after that is another thing...
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Old 22-07-2007, 21:21
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I saw that 'cardless ATM' the other day displayed on a Ayattaya (sp) bank ATM.. I wondered how it worked (after I pulled my t shirt up to cover my face and tried a few random pins with no card in there well you gotta experiment havent ya !!)..

Thats actually a fairly elegant solution to this issue..
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  #16  
Old 22-07-2007, 21:35
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Geez, I couldn't resist............

So now the kid's got a mobile phone that the theives whose care he's in are gonna leave in his possession......

This is a joke, surely.
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Old 22-07-2007, 21:37
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He is 6 years old! Enough said.
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Old 22-07-2007, 21:59
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Geez, I couldn't resist............

So now the kid's got a mobile phone that the theives whose care he's in are gonna leave in his possession......

This is a joke, surely.

Why I know multiple 8 year ish type kids with mobiles so the parents can call them.. If the mother wa soverseas it would seem normal to make sure the kid had a phone.. A basic phone costs 1500 baht brand new these days, wheres the problem.

And as a way of easily and accurately distributing multiple small sums to the child (and or the childs carer) based on requests for money then this system seems fairly ideal.
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Old 23-07-2007, 00:43
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the child is only 7 years old for gods sake...of course he shouldn't have an ATM card. Let him enjoy his childhood being a child!
Sorry marc26, i can't believe you posted the question.
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Old 23-07-2007, 08:37
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Paulie - no way would I give my 7yo an ATM - apart from obvious silly spending risk is also security risk.

Get a decent nanny - ideally a family member - our nanny spent less than 10k in 3 weeks taking care of our 2 kids.
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  #21  
Old 23-07-2007, 08:52
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Get a decent nanny - ideally a family member - our nanny spent less than 10k in 3 weeks taking care of our 2 kids.

Ah, someone addressing the REAL question here.....which is not if the kid should have an ATM or mobile phone but.......

Do we have suitable care providers for the child? Apparently not!!
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Old 23-07-2007, 09:37
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Yeah well.. They have family.. But family is not always what you want in Thailand (or anywhere but my experiences here seem extreme)..

They have the problem of providing money to caregivers and controlling the flow of that.. He cant wire 5k chunks.. And if he sends 20 or 40 does that just mean party and drunk family for a few days.. like they have thier lottery numbers come in every months or so.. And no true benefit to the kid.
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Old 23-07-2007, 10:22
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Just a brief sidetrack, not a hijack...

Some time ago, I gathered up the (kids) mom, and set about a 3 week holiday in Phuket. The 2 children, were left in the care of Grandma, at home,in the (Isaan) village.

After talking to her children one day, GF was chuckling and relayed this story to me. Everyday, the children (ages by 7 and girl 11), receive 20 baht, from mom to spend at school. (drinks, candy, whatever...lunch is provided at school) This day (as was told by the 7 yr old boy...tearfully), grandma was short on (small money). She gave the 11 yr old girl, her 20 baht, but was only able to come up with 18 baht, for the boy. 5555

In explaining to his mom...he was almost in tears, as he felt he had really been mistreated. 55555

Back to the point (thread), I really don't know what kind of monetary needs a 6 or 7 year old would have???? Other than what I mentioned, above.



Pablo
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  #24  
Old 23-07-2007, 23:48
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Marc how long will Ao be staying with you in Canada?
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Old 23-07-2007, 23:51
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Quote:
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This beggars belief.........putting your child in the care of people you cannot trust to look after his needs?? Shouldn't the child be staying with the