Here’s Why You Should Open a Savings Account for Your Child

July 16, 2022

The basic way to be financially literate is to understand saving, investing, managing debts, and budgeting. For most people, Savings Account is the first Interaction with the financial system. Hence, the best way to ensure your child becomes financially literate and accountable is to open their own Savings Account at an early age.

In this video we elaborate the top 5 reasons why you should open a Savings account for your child at an early age. Being familiar with their finances through operating a Savings Bank Account from childhood can make your child a financially responsible adult in the future.

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