![]() Parents (and grandparents) looking for another smart way to save, with the potential for juicier returns, might want to think about a custodial brokerage account. It could be used by kids & teens to learn about money, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum. ![]() Introduction to Money for Kids and Teens This video explains the concept of money in a simple, concise way for kids and beginners. Age: under 18 Interest rate of 1%, 2% or 5% on up to $5,000 in savings Cashback: up to 1% back on all debit purchases Why we picked it: Financial technology company Greenlight’s debit card stands.Money for kids Investing might seem like a topic that’s too complex to talk about with kids, but there are ways to broach the topic at every age.
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