http://www.bluntmoney.com/is-your-teen-ready-for-a-checking-account/ Wed, 12 Oct 2011 07:20:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.bluntmoney.com/is-your-teen-ready-for-a-checking-account/comment-page-1/#comment-349 Kira Sun, 22 Oct 2006 17:52:37 +0000 http://www.bluntmoney.com/is-your-teen-ready-for-a-checking-account/#comment-349 My parents allowed me to get a checking account when I was 15, because my (older) sister stole cash from the box I kept it in. I think it was a great teaching tool for me as a teenager - allowed me to decide what I would spend my money on without having to go through a parental intermediary. I only wish they'd also introduced the concept of a savings account. My parents allowed me to get a checking account when I was 15, because my (older) sister stole cash from the box I kept it in. I think it was a great teaching tool for me as a teenager – allowed me to decide what I would spend my money on without having to go through a parental intermediary. I only wish they’d also introduced the concept of a savings account.

]]> http://www.bluntmoney.com/is-your-teen-ready-for-a-checking-account/comment-page-1/#comment-348 prlinkbiz Sun, 22 Oct 2006 15:06:43 +0000 http://www.bluntmoney.com/is-your-teen-ready-for-a-checking-account/#comment-348 If you are a responsible parent and can monitor and teach, then start your kids as early (13) as you can. A good friend of mine did just that with the help of her parents, began building credit and developing good money habits thorugh her teen years. When she was 18, she had the credit to purchase her first house tolive in and rent out for college. now she is an extremely successful real estate investor. I plan to start my kids early as well. If you are a responsible parent and can monitor and teach, then start your kids as early (13) as you can. A good friend of mine did just that with the help of her parents, began building credit and developing good money habits thorugh her teen years. When she was 18, she had the credit to purchase her first house tolive in and rent out for college. now she is an extremely successful real estate investor. I plan to start my kids early as well.

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