> Is it good to have a bank account at a young age?

Is it good to have a bank account at a young age?

Posted at: 2014-12-05 
I have set a banking account to both my kids where they were 11. Did not regret any minute. They learned to deal with money, Plus they earned some credit history.

Yes I think so. It teaches savings--which is always a good thing to start at a young age.

No, robbers always raget young peoples accounts first. sori kid

Stick with credit unions... more stable. The big banks are insolvent and have a court ruling saying they are allowed to take depositors' money to pay uninsured investors.

I don't see why. Having a bank account gives you somewhere to put savings if you happen to be a saver. It doesn't make you into a saver if you are a natural spendthrift.

???? Hi from France ???? ?

It depends on the age you are referring !

Best

Cat.