Been thinking of letting your kid open his own Paypal account? You’re braver than I am. (Then again, mine isn’t a teen yet.) December is a great time to take the plunge—not only do Paypal Student Accounts allow you to oversee their activity, sign up this month and get $10 deposited to their account to get them started.

Frankly the thought of letting either of my children loose on eBay makes me feel a little bit nauseous. But like I said, I still have a few years to beat them into submission mold them into responsible humans. Ahem.