Your child might already know what a bank does from books, TV or even Harry Potter. But if your son or daughter asks whether goblins really run the system, it might be time to set the record straight by opening up a first savings account. Opening an account provides a glimpse into how banks and credit unions work, plus gives your child a...
The article Kids Savings Accounts: What You Need to Know originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/blog/banking/opening-child-first-bank-account/
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