Don’t you wish you would have learned about 401Ks instead of calculus in high school? There’s no way for you to go back (we wish), but your kids + teens can start learning financial savviness now.
MIDFLORIDA Credit Union is encouraging young financial literacy with Absolutely Free Student Checking for kids + teens ages 10-20. Here are a few perks of getting them started early:
- Free text banking
- Mobile deposit
- No monthly service fee + no minimum balance requirement
- Free ATM Transactions at MIDFLORIDA and Publix Presto! ATMs
- Rewards when they use their debit card, like Bonus Bucks and a one-time $25 sign-up bonus for using their debit card the first 5 times
- Giveaways for prom dinners + flowers, gaming headphones + more
- You won’t have to hand over cash for allowance; transfer funds into their account instead
The #1 reason? By giving them the opportunity to practice budgeting and develop healthy spending habits now, you’re increasing their chances for success later in life. And you can concentrate on meeting your own goals (early retirement, anyone?) the sooner your child achieves financial independence.
Just think about how much they could have saved up at your age if they start thinking about finances now. đź’°
If you think your child is up for the challenge, visit a branch or start the process of opening their account online. â“…
