According to Scratch Wireless, a provider of inexpensive mobiles for teens, parents fork out an average of nearly $10,500 for one child’s phone service between the ages of 12 and 22. In a word, ouch! A survey by AT&T reveals that the average child receives her first cell phone a smidge past her 12th birthday—and a third of those are smartphones. When should you give your child her first phone? How should you do it? What can you do to minimize the cost and/or pain? Is there any way of getting out of it? The answer to that last question is probably not. Click here for more…
