If you want your kids to grow into wealthy, financially literate adults, you’re going to have to teach them about money. Here are some important accounts you can open on your child’s behalf to help them learn good financial habits.
There are many ways to teach kids about money, but the best way is to open the right bank accounts for kids and let them get a hands-on lesson on managing money. It might feel weird at first to let go of the reins, but don’t worry, parents have plenty of control to help kids
Back when most of us were younger, we didn’t discuss money. Things seemed simpler then. Today’s parents take a more active role in teaching kids about their finances. And we’re left trying to figure out the right age to let our kids open a bank account.
Looking for a hands-on way to teach your kid the basics of saving and budgeting? PNC Bank’s S Is for Savings Account combines a simple, age-appropriate interface with some of the best educational features in the industry to reinforce key money management concepts. Is your child ready?
I worked steadily through high school and college. I held a steady succession of mostly menial, mostly entry-level jobs: grocery store cashier, movie theater attendant, youth sports official, food delivery driver. My motivations were largely financial. During high school, I worked to fund the purchase of my first car and earn extra money to cover
There are multiple ways you can handle your kid’s allowance, and they all come with their own pros and cons. But the ultimate goal is to teach your kids money management skills, so it’s important to understand which allowance system is best for your kids based on their age and your objective.
You might see a divorce coming from a mile away and still take steps to protect your finances before it happens. From opening an individual bank account to changing your beneficiaries, learn what to do now so that you’re not filled with financial regret later.
For parents vacationing with little ones, the thought of subjecting fellow travelers to hours of uncontrolled wailing is mortifying. These tips from a dad who’s been there can’t stop diaper blowouts or screaming fits, but they can increase the return on your vacation investment.
If your home looks like a toy hoarder’s paradise, it’s time to declutter. Fortunately, there’s no shortage of places in desperate need of fun, enriching items for youngsters. Find out where to donate the used toys your kids no longer want.
Mazoola is a free money management app for kids and parents. This convenient, kid-friendly mobile wallet is designed to replace a traditional bank account while teaching basic budgeting skills and setting kids up for a lifetime of financial responsibility. Learn about Mazoola and who it’s best for.
Adoption is rarely a financial decision, but rather a decision of the heart. Still, it’s crucial to be aware of the expenses involved so you can be financially prepared to bring home your new family member. Consider these costs if you’re planning to adopt a child.
GoHenry and Greenlight are two of the most popular prepaid debit cards for kids. Each has a host of features to empower your kids to control their own finances — with some supervision. Learn how these two products compare head-to-head to help you decide which is the best choice for your family.