Posted: 3/5/2010 11:05:17 PM EDT
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My 9 year old sister wants to open a bank account to put the $100 + dollars she has made / saved. I think this is a good idea, but have no clue if there is a certain bank that would be better for her to go with. Given the crisis of our economy, she is pretty aware of the cons of government run businesses, and actually expressed her concerns over getting an account quiet well. I remember having an account in middle/high school and having to have a signature from my parents on everything regardless of the fact that it was my money...
1. Any way to get around the parental signature 2. What bank is best for savings/ checking 3. Any other good ideas for a bright 9 year old girl to learn more about banks and or money making (legaly). thanks all. btw- we are in San Antonio |
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I went US Treasury Direct for my youngins...pretty soon THEY were telling ME how the latest Treasury auction went and talking about immunizing their bond portfolios.
They learn a lot more about how the .gov and financial system works this way than letting it sit in a bank...after all, this is what the bank is going to do with your (her) money. |