Encouraging Kids To Open Up A Savings Account
Childhood is the best time to inculcate the habit of saving. So encouraging kids to open up a savings account can have numerous benefits:
Setting & Achieving Targets It encourages kids to set a savings goal & work towards achieving it.
Financial Basics Children understand the concept of earning & expenditure. They also learn that expenses should be limited by financial resources available.
Responsibility Kids learn to be financially responsible by keeping a track of their savings & contributing regularly to meet their goals.
Value Of Investment They learn that investing smartly can help them protect their money as well as earn interest on their savings. Fort Hood National Bank www.fhnb.com Phone: (800) 477-9801 TJ Mills Building 109, TJ Mills Boulevard, Fort Hood, TX 76544
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