According to reports, pop superstar Madonna has given her eight-year-old daughter Lourdes a credit card with a $10,000 limit.
Friends say Madonna hopes the exercise will teach Lourdes to appreciate the value of money.
Assuming that 8 year old Lourdes does not have a job, the only thing this will teach her is that if she buys something with her credit card, Mommy will pay for it.
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