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grandfather and grandson deposit money into a savings jar with a label that says college
When you're saving money for a kid's bank account, having a clear defined goal and open communication lets your child see the value of money.

JGI/Jamie Grill / Getty Images

Tags
Personal Finance, Banking, Savings, Kids Savings Accounts, Bank Account, Savings accounts, Personal Finance Insider, PFI Reference, PFI Storytelling
Source
How to open a bank account for a minor