Savings Accounts for Kids

Help your child experience the savings process by setting up a savings account at a local bank, such as BankFive. Having a savings account at a local bank will show your child two important things:

  • Where money is kept
  • What interest is all about

Once your child understands these two important concepts, they will be on their way to becoming great savers!

http://life.familyeducation.com/money-management/money-and-kids/48121.html

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