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Facts about teens and saving accounts

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If you are a teenager you can open a bank account, but you usually have to find one designed for people your age. Most normal bank accounts only accept people over 18, but this comparison includes every account that accepts people aged 17 or under. If you are 18 or 19, you can get most bank accounts for adults. Here is how to work out what kind of bank account you should choose and where to find one. Receive money into the account, including your wages, bank transfers from other people, cheques and cash.
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Why Is It Important To Have A Savings Account?

Facts about teens and saving accounts
Facts about teens and saving accounts
Facts about teens and saving accounts
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Why Is It Important To Have A Savings Account? - Advantage CCS

Stop in, or call If you're a parent or guardian, it's likely going to be on you to teach your dependents about things like budgeting, saving, and the other basics about handling money. This education can start earlier than you think — as early as pre-school, when kids begin to understand what money is and what it's used for. When children get a little older, one of the best ways you can help them learn about personal finance is through helping them open their own personal savings accounts. This comes with some obvious benefits compound interest! More than anything, it's an opportunity to introduce some important concepts and skills surrounding money and financial decisions.
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Youthsaver

Tailored for teens aged 11 to 17 years, the Expresscash account can help you make the most of your pocket money. You cannot apply online and can only apply for an Expresscash account in branch. To make an appointment contact your nearest Halifax branch.
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My parents had me open my first checking account when I was around 13 or Most specifically, I can still remember the banker leaning over the table at me, her eyes protruding over her glasses, and giving me a lecture about not spending more money than was in my account. Body language tells everything, and I could tell she thought this experiment was going to be a disaster. I made it my mission to prove her wrong. I never once had an overdraft and I proved to the banker that I could be responsible with my money even as a young teen.
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