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Opening a checking or debit account for your teens, and carefully teaching them how to use it, can be a great way for them to develop good money management skills.
More ideas for you:
More ideas for you:
-
Writing a Check (Northwestern Mutual)
Interactive practice for teens - The Balancing Act (CUNA)
Advice for teens on how and why to balance a checking or debit account—includes:
Checking/Debit Account Calculator
- Debit vs. Credit (CUNA)
Practical information for teens
- Debit Cards (Financial Literacy Now)
A primer on debit cards for teens and families
Watch the video for ideas you can use with your
own family.