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Technology News

  • Buying a child's smartphone can teach money lessons, experts say
    January 11, 2026, 3:26 PM EST. Parents wrestling with when to hand a child a smartphone now face a teachable moment about money. Experts say the device is less a gadget than a classroom for budgeting and guardrails. Costs include the upfront phone, a monthly plan, a case and sometimes a protection plan. For younger teens, talk through data overages, connecting to Wi-Fi and turning off roaming to avoid big bills; for older teens, gradually shift the bill to them. Hidden costs-in-app purchases and sign-ups-can slip through a card. Robin Taub, author of The Wisest Investment, and Kalee Boisvert, a certified financial planner, urge early talks about priorities; Rebecca Snow of Unplugged Canada reminds families that digital spending can feel invisible. The dialogue should cover saving and values with real examples like Roblox.