Partner Colorado Blog

Why Your Child Needs a Youth Savings Account

Child in cowboy hat pushing a wheelbarrow

As a parent you’re always trying to teach your child how to make good decisions. When it comes to making financial decisions, you want to influence your child to save and spend responsibly. How do you do that? Open a youth savings account! Your child will learn how to manage money and build lifelong savings habits. Here’s why your child needs a youth savings account.

Teach your child money management
Developing money management skills will benefit your child throughout his life. A savings account gives your child the opportunity to budget and save.