Talking about non-consumers being converted consumers, here we are on the appointed “day to open eldest son’s first bank account”. He doesn’t really need a bank account, of course. What he needs is a “payment account”. A Visa or MasterCard that he can use in shops on the web and at ATMs, that I can transfer money to. The bizarre thing is that the bank will give him an account with a debit card for free and pay him interest on the balance, but will charge him (through the nose) for a prepaid card with no account and no interest on the balance. Odd. Anyway, he has some birthday money that he no longer wants to keep in cash under his pillow, he’s now a teenager and it’s time to enter the financial system…
Me: Have you got a letter or something with your address on it?
No.1 Son: No, who sends me letters?
Me: I don’t know, the school or someone…
Me: It doesn’t work like that. Now go away and find something. [several minutes later] No.1 Son: I found this Lego magazine.
Me: Great. Let’s go.
No.1 Son: This is boring. Why can’t we do it on the Internet?
Me (in head): Good question.
Me (out loud): Get off the phone, shut down the computer, get your coat on and get in the car.
These opinions are my own (I think) and presented solely in my capacity as an interested member of the general public [posted with ecto]