Tuesday, May 27, 2014

Giving your teenager a bank account? Start small

......... If parents are worried about the safety of the deposits in the hands of children, there are safeguards that can be built into the entire process. It would be better to start with small amounts and seeing how they handle them. This would ensure that there is no big loss involved even if there is a goofup or impulsive spending. Let them make their own mistakes.........

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