Brad Dugdale, author of Munny Journey, talks about investing in savings accounts for your child.
The best way to teach kids to save is to already have a savings or investment account established. When parents or grandparents dedicate funds for a child it establishes rules, purpose and special meaning. Joining the child’s additional savings on top of the established account creates a family joint venture for the child. Adding to […]
Starting a savings account for a child is a life changing event. Not only do they have an advantage using compound interest, but recent study from the University of Kansas found that kids that have savings and investment accounts had 20 times more money than kids that didn’t. Children with savings accounts/investment accounts were four […]