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The Statement

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Tag: young

Finances – What your children need to know

Finances – What your children need to know

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Working in the world of banking and finance, I often get asked by parents how early is too early to teach their children about money. When should they open accounts in their child’s name, should they give them access to it, or how soon is too soon to give them a debit card?

First and foremost, it ’s really never too early to teach children about money and finances, the earlier they learn the value of money and how to manage it the better off they will be later in life. Continue reading “Finances – What your children need to know”

Author Laura BerendsohnPosted on January 29, 2019March 3, 2020Categories Checking & Savings, Personal Lending, Student Banking, Young Savers, Your LBC TeamTags ATM, checking account, children, debit card, Graduate Account, Kids, Laura Berendsohn, Litchfield Bancorp, part time job, savings account, spending, teens, young, young adults, Young Financiers

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