Pop superstar Madonna has given her eight-year-old daughter LOURDES her own credit card with a $10,000 (GBP5,500) limit, according to a US magazine.

Friends say the MATERIAL GIRL hopes the exercise will teach Lourdes to appreciate the value of money.

A pal tells IN TOUCH WEEKLY, "Minors are not usually allowed credit cards so she had to pull a few strings to get it issued in Lourdes' name.

"She is hoping to teach Lourdes to be responsible with money."

23/06/2005 09:26