CHILD
CHILDREN
KIDS
BANKING
CHILDREN AND BANKING
FREE CHILDREN'S BANKING ACTIVITIES
FREE CHILDREN'S BANKING ACTIVITIES RELATED TOPICS
CHILDREN BANKING LINKS
BACK TO TOP
SECTION 1
CHILFREN
AND
BANKING
Parents are responsible for the welfare of their children. One of
the ways through which they can show this responsiveness is by them
opening investment accounts for their children. This article seeks
to explain reasons why it is necessary to open an investment account
for any child.
Since the purpose of opening investment accounts for children is to
instill in them financial discipline, it is very important for children
to engage in this process. This is of great importance since children
don't need to feel as though the concept of saving is mandatory.
Opening an account for your child should not be hurriedly done. This is
so because there are many factors which both the parent and child should
put into consideration. Parents have to clearly assess their own financial
status to decide how best to support their child in this rewarding venture.
Worth noting is that any child can have an account opened for them. It is
important for parents to have a certain percentage of their income or
earnings dedicated towards saving for their child's future.
The main reasons behind opening an account for a child are many and they
include the need to enable children learn the principle of "sowing and
reaping" at an early age.
To enable children feel that the bank account is for their own good, parents
can do the following:
1. Explain to the child why it is necessary for them to have an account.
2. Discuss with the child the banking requirements.
3. Allow children to choose the bank of their choice based on information
you give them.
4. Establish from them why they have settled for that particular bank.
5. Discuss with your child the banking requirements before you open an
account. For example, having their photo taken, choosing a day when you
will go with them to the bank,and the need for them to give part of
their daily allowances towards the bank's smallest opening balance.
6. Agree with them how much they should target to save each month, and
how they intend to raise their savings. Children could use part of the
daily or weekly allowances to meet this goal.
7. Determine the short, medium, and long-term financial goals to enhance
savings.
8. Allow the child to actively engage in clubs set up by banks for junior
account holders.
9. Discuss with your child who will run the account with focus on deposits
and withdrawals.
10. Establish whether the bank has several outlets for you to choose the
best branch to open the account.
In closing,all parents need patience as they commit to equip children
with financial life skills.
Children and Banking
http://ezinearticles.com/?Children-and-Banking&id=6243115
How the Stock Market Works:
A Simple Explanation
For You and Your Kids
https://turbo.intuit.com/blog/investments/how-the-stock-market-works-4358/
BACK TO TOP
SECTION 2
FREE CHILDREN'S
BANKING
ACTIVITIES
Money doesn't grow on trees---and the sooner this awareness permeates
the minds of our little people, the easier raising them will be. Once
acquiring a keener understanding of how grownups earn and handle money,
kids tend to become much more conscientious and conservative in their
desires and purchases.
Money Wise
Teaching kids how to save early on instills lifelong values.
When children get an early grasp of banking objectives, they have an
understanding of money management for life, and there are a number of
ways to instill this information. Kids learn about money in school,
from their peers, from parental guidance and from engaging in activities
specifically designed to provide banking experience.
Online Banking Activities
There are endless books available on teaching kids about banking, and they
include loads of fun activities, but even better are the instant access,
online sites that provide pages and pages of printable lesson plans for
parents and teachers to pursue with their little ones
All About Banking
Online sites offer practical lessons on banking.
Moneyinstructor.com provides some very basic but important banking activities.
On this site, your kids can learn all about banking, from start to finish. They
learn about depositing money, filling out a deposit slip, writing and endorsing
checks, balancing checkbooks, using savings accounts and more. The lessons can
be pursued while online or they can be printed for use at another time.
Historical Perspective
Kids enjoy learning how money is made.
Kids.gov is an informative and fun site (see References). Here, kids can take
virtual tours to learn about money and banking---historically and presently. It
starts with an online tour of the Bureau of Engraving and Printing, educating
little ones on how money came into being and how it's made (then and now). From
there, kids are introduced to the world of advertising and the influences that
they face from it on a daily basis. The site offers lessons on money math, check
writing, practice with dollars and cents, paying bills, saving money and more.
Kids can learn about the history of money and banking---and their future with
finances---via the interactive lessons offered on this site.
Visiting the Bank
Letting kids do their own banking makes them money savvy.
Most banks offer activity booklets for kids about banking, but these can be
limited in substance and inspiration as they tend to simply cover the basics.
Even so, taking children to visit your local bank and allowing them to
participate and interact with the bank employees can instill a greater interest
in money and banking.
Free Children's Banking Activities
http://www.ehow.com/info_7980976_childrens-banking-activities.html#ixzz2nI0u6GsY
BACK TO TOP
SECTION 3
FREE CHILDREN'S
BANKING
ACTIVITIES
RELATED
TOPICS
Teaching Children About Banking
http://www.ehow.com/how-does_4844360_teaching-children-banking.html
Checking Account Activities for Grades 5-8
http://www.ehow.com/info_7975813_checking-account-activities-grades-58.html
About Free Bank Accounts
http://www.ehow.com/about_4588530_free-bank-accounts.html
How to Activate Bank Accounts
http://www.ehow.com/how_6528227_activate-bank-accounts.html
Bank & Check Writing Activities
http://www.ehow.com/info_7817690_bank-check-writing-activities.html
Piggy Bank Activities
http://www.ehow.com/list_7617070_piggy-bank-activities.html
Kids Bank Games
http://www.ehow.com/list_6597954_kids-bank-games.html
How to Open a Bank Account for Your Child
http://www.ehow.com/how_2065798_open-bank-account-child.html
How to Open a Children's Bank Account
http://www.ehow.com/how_5012405_open-childrens-bank-account.html
Requirements for Children's Bank Accounts
http://www.ehow.com/list_5912206_requirements-children_s-bank-accounts.html
Teacher Activities for Teaching Money
http://www.ehow.com/list_6165804_teacher-activities-teaching-money.html
Investment Lesson Plans
http://www.ehow.com/list_6618321_investment-lesson-plans.html
Interactive Counting Money Games for Kids
http://www.ehow.com/list_5991083_interactive-counting-money-games-kids.html
How to Teach Kids About Banks
http://www.ehow.com/how_5700184_teach-kids-banks.html
Children's Community Activities
http://www.ehow.com/info_7872727_childrens-community-activities.html
A Bank Account for Children
http://www.ehow.com/facts_7226879_bank-account-children.html
Banking Games for Kids
http://www.ehow.com/list_6622871_banking-games-kids.html
BACK TO TOP
SECTION 4
CHILD
CHILDREN
KIDS
BANKING
LINKS
56 Simple Printable Conversation
Starters to Teach Kids About Money
https://wikibuy.com/blog/teaching-kids-about-money-9848d817c7fb
Banking Kids
http://www.bankingkids.com/index_m.html
Beyond the Piggy Bank: Teaching Kids About Money
http://www.education.com/magazine/article/Beyond_the_Piggy_Bank_Teaching/
Birds and Bees of Banking
http://www.gobankingrates.com/savings-account/how-to-teach-your-kids-about-money-financial-literacy-for-kids/
The Children's Bank
http://www.thechildrensbank.org/
Hands on Banking
http://www.handsonbanking.org/en/
How and Why to Teach Kids About Banking
http://www.thebudgetdiet.com/how-and-why-to-teach-kids-about-banking
A Kid’s Guide to Money and Currency
http://www.wisestockbuyer.com/a-kids-guide-to-money-and-currency/
Kids and Money: Top Things to Know
http://money.cnn.com/magazines/moneymag/money101/lesson12/
Money
http://www.kids.gov/educators/ed_money.shtml
Money Instructor: Writing Checks---Checking Account---Checkbook Lessons
http://www.moneyinstructor.com/checks.asp
Money Lesson Plans
http://www.theteacherscorner.net/lesson-plans/math/money/
Personal Finance Tips for Children
http://www.aba.com/ABAEF/FinanceTipsChildren.htm
Personalized Banking: Kids
http://www.winonanationalbank.com/Kids/default.aspx
Project Money: Teaching Tool
http://www.projectmoney.org/teaching/worksheets.html
Teach Children to Save
http://www.aba.com/ABAEF/tcts.htm
Teaching Children About Banking
http://www.bankersonline.com/articles/bhv15n06/bhv15n6a24.html
TEACHING KIDS MONEY SKILLS
http://www.moneyinstructor.com/parents.asp
BACK TO TOP
FREE STUDENT HANDOUTS
http://www.studenthandouts.com/
Difference Between
http://www.differencebetween.info/
Education.com
http://www.education.com/
Academic Educational Encyclopedia
http://academickids.com/
Nick Jr.
http://www.nickjr.com/
Highlights Kids.com
http://www.highlightskids.com/
TeAch-nology.com
http://www.teach-nology.com/
BACK TO TOP
CHILD INDEX
EDUCATION INDEX
HOME
E-MAIL