How to Open and Maintain a Bank Account for Your Children

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How to Open and Maintain a Bank Account for Your Children – This is a place for the community to provide tips and advice on How to Open and Maintain a Bank Account for Your Children. This topic was created by Dirk Vande Walle and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

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Tip 1
Heading Out On Your Own – Day 3: How to Open and Manage a Checking Account More
Published: 9 years, 4 month(s) ago by apostglen 46 | permalink
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For a young man just beginning to establish his financial life, opening a checking account is a small, but important, step in that process. A checking acc
Tags: checking account,students,beginners,heading out on your own,money & career,personal finance

For further reading: http://www.artofmanliness.com/2012/08/03/how-to-open-and-manage-a-checking-account/ ^[1]

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Tip 2
Opening Your Child’s First Bank Account - NerdWallet More
Published: 9 years, 4 month(s) ago by Christopher Locke | permalink
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Answers to commonly asked questions about getting your child’s first account.
Tags: credit cards, cd rates, savings, checking accounts, scholarships, airlines
For further reading: http://www.nerdwallet.com/blog/fi-library/fi-library-deposits/opening-child-first-bank-account/ ^[2]

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Tip 3
Opening Your Child's First Bank Account More
Published: 9 years, 4 month(s) ago by Kelli Mc Lemore | permalink
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Teach your children to save up to meet their spending - and saving - goals.
Tags: child,children,kids,kid,saving,save,spending,spend,money habits,financial habits,bank account,saving plan,spending plan,allowance,budgeting,retail banking,youth finance

For further reading: http://www.investopedia.com/articles/pf/07/child_bank_account.asp ^[3]

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Tip 4
Open a Bank Account for Kids When They’re Six Years Old More
Published: 9 years, 4 month(s) ago by Sunbun DLTV | permalink
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Kids might like a piggy bank, but these banks don't pay interest or send out monthly statements. If you move your child's money to a bank account, they learn valuable lessons about money management. Experts suggest six years old as the proper age to start an account.
Tags: parenting, money, personal finance, kids, Lifehacker

For further reading: http://lifehacker.com/open-a-bank-account-for-kids-when-they-re-six-years-old-1651769858 ^[4]

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Tip 5
Joint bank accounts: what you need to know - DailyFinance More
Published: 9 years, 4 month(s) ago by Silvia Barbone | permalink
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When joint bank accounts make the news, the news is rarely good. Last year, for instance, Jon Gosselin of Jon and Kate Plus 8 fame made headlines when he r

For further reading: http://www.dailyfinance.com/2010/05/13/joint-bank-accounts-what-you-need-to-know/ ^[5]

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Dirk Vande Walle

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Category: Fun | 9 years, 4 month(s) ago

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Contributors

Christopher Locke, Silvia Barbone, Sunbun DLTV, apostglen 46, Kelli Mc Lemore

References & Citations

1. http://www.artofmanliness.com/2012/08/03/how-to-open-and-manage-a-checking-account/

2. http://www.nerdwallet.com/blog/fi-library/fi-library-deposits/opening-child-first-bank-account/

3. http://www.investopedia.com/articles/pf/07/child_bank_account.asp

4. http://lifehacker.com/open-a-bank-account-for-kids-when-they-re-six-years-old-1651769858

5. http://www.dailyfinance.com/2010/05/13/joint-bank-accounts-what-you-need-to-know/