Should you sign a phone contract with your child?

child's phone contract

Phone contracts between parents and children are becoming ubiquitous. They can be found on the Internet, in schools, and probably even among your neighbors. Behind every such contract we find a young child, asking for a phone, and a parent who wishes to give her one, but is wary of the consequences.

Should you consider jotting down a contract with your child before handing that first phone? And what should that contract contain?

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