Start saving for your child’s future now!
Want to set aside some money for your child? Gradually build up a tidy nest egg for later by giving them their very own savings account. Having a savings account will also help your child learn how to manage their finances.
Why let your child have their own savings account?
Teach your child how to put money aside and, together with you, start saving up for fun things, now or in the future. Keeping money on the side in the savings account means it isn’t being spent just for the sake of it.
If your child receives a larger sum of money for their birthday, at New Year or on some other special occasion, ask them what they want to do with it: stash it in their piggy bank or put it into a savings account. Thinking about this gives your child the opportunity to learn.
You could also let your child spend some of their money on something nice and, together, put the rest into the savings account. Encourage your child to hold on to the money they may spend ‘as they like’ and to put it in their piggy bank ... and when it's gone it's gone. This teaches your child how to be careful with money.
Start saving for your child today
You don't need to have a large amount of money to get started. Starting to save now gives your child more opportunities later on in that they have a head start when it comes to buying, say, a car or home of their own. Having a separate savings account for your child also makes it easy to see how much you’ve already saved for them.
- You save at your own pace for their future
- You maintain a good overview of your finances
- Your child learns how to handle money from a young age
Saving and learning is perfectly possible!
Start saving for your child now and teach them about managing their finances in a fun way with Nachtwacht, the exciting activity book from the Studio 100 series.
Is your child over 10 and ready for their own current account?
When you open the young person’s account, your teen gets a current account and a unique personalised card. And it’s completely free of charge until they turn 25 As a parent, you get to keep an eye on things using the ‘Parental supervision’ dashboard in KBC Mobile.
