It's a semi-new issue that today's parents face, but many of us learn the hard way that we can't have the convenience and modern luxuries of having our credit card information stored in our phones.

Here in the office, I've heard stories of kids making purchases on their parents' phones without their knowledge.

How many of you out there have a story like that, and whose kid spent the most. It's a contest with no prize and the winner is the saddest one of us all.

Also, let us know how you used the incident a "teaching moment," where you talked to them, took precautions to secure your credit card information, and had a good hug ... or just how many whoopins' your kids got.

Leave your tale of woe in the comment section below and we just might feature it in a future article.