Teaching your children to be financially responsible is something that needs to happen at a very young age. One way is to open a children’s bank account. From special interest rates to tie ups with child friendly establishments or even zero deposit to open an account, many banks are fighting for your dollar! Check out your local banks today. Parents can work with their children on good financial habits and children can get excited about managing their finances. For older children, you can set up a debit card to give them ownership and responsibility.
Their first financial planning.
Shall Unite’s Treasure feature work exactly the same way. It’s a positive way to teach them about budgeting and spending within their means. Plan for purchases together as a family or set up wish lists or savings goals to create money awareness.
At the click of a button, parents can monitor their children’s spending habits and be there for questions or guidance along the way. It’s fun for them and free and easy for you!
