How early should you begin teaching your children the value of a dollar? It seems like it might never be too early.
I was inspired by this 14 year old who already has four accounts – one of which is his college fund. Every two weeks he makes the trip to the bank to deposit a part of his allowance into his accounts.
Teach your children to save early, save often and save as much as possible. If you need a little inspiration, watch what Jordan Lane Palmer is doing and begin a savings account with your kids today!
And in case you’re wondering, savings accounts for children under 18 are usually free!
Source: CNN Money