There are now so many different ways to pay for everyday purchases without necessarily using cash. Debit, credit cards are the preferred and most popular because they are safer and quicker compared to huge amounts of cash in your wallet. But convenience and speed  often lead to overspending when not managed carefully.

When you’re trying to save money, finding ways to cut corners can be tricky. Fortunately, there’s a fun way that you can reduce your spending without any hassles. If you’ve never tried using a prepaid card, now is the time to consider it. Utilising a prepaid debit or credit card might seem tricky, but the truth is that it’s fairly simple.

The first step is to load your prepaid card. After your initial activation, you can actually reload your prepaid card online. This means that there’s no hassle involved for you. You can simply hop on your computer, go online and add funds to your card when you need them. Once you have cash on your card, you can simply use it as you would any other credit or debit card.

The idea behind using a prepaid card is that you won’t be dipping into your savings or driving up your credit card bill when you make a purchase. Instead, you’ll be using funds that you have already allocated towards your spending and expenses. You can significantly increase your financial discipline and improve your spending habits.

Additionally, using a prepaid card ensures that you aren’t going to overspend. You won’t have to worry about being overdrawn on your bank account because it simply won’t be an option with your prepaid card. You are in control of your spending every time you use a prepaid card. You use only what you load onto your card. You don’t have to worry about over spending.

Many parents find that sending their kids off to college with a prepaid card is a good way to start teaching them about spending and debt. If you’re concerned that your children aren’t ready for a credit card, but still need a bit of financial help, you could get a prepaid card for them to use at college.

Using a prepaid card will ensure that your children are able to pay for tuition, rent and minor expenses without having to charge anything on a traditional credit card. If your children need more money, you can easily reload the card from home without having to meet up with them in person.