How financially savvy is your child?
According to a recent survey, only five percent of adults received any kind of financial education in school. It is a scary statistic, and may partially explain consumers’ record-high credit card and student loan debt.
If you want to equip your kid with the tools to be financially secure adults, a good place to start is with a savings and/or checking account. Once your child sees money going in and coming out, it can drive home lessons in money management.
Wondering if your child can handle the responsibility? Read on…