Reasons why you may want your child to have a savings account:<ul><li>Teach them about saving money from income they earn, aka, allowances, chores, part-time jobs, etc.</li><li>Teach them how banking works (deposit checks, take cash out ATM machine, check balances online, etc.)</li><li>Teach them the basics of how money works. How much interest they can earn, etc.</li><li>Set specific goals for savings: buy a video game, a new electronic device etc.</li></ul>   EPISODE SPONSORSMoney Flow System - <a href="https://money-flowsystem.com/optin27480464" rel="noopener noreferrer" target="_blank">Download Free Money Flow Playbook and start automating your finances. </a> SUBSCRIBE & SHAREWant to be the first to know when new episodes are released? <a href="https://podcasts.apple.com/us/podcast/money-boss/id1528660889" rel="noopener noreferrer" target="_blank">Click here to subscribe in iTunes!  </a>IT’S FREE! LET’S GET SOCIALAnna  on <a href="https://www.facebook.com/anna.sergunina.9" rel="noopener noreferrer" target="_blank">Facebook</a>Anna on <a href="https://www.instagram.com/anna8sergunina/" rel="noopener noreferrer" target="_blank">Instagram</a>

Reasons why you may want your child to have a savings account:Teach them about saving money from income they earn, aka, allowances, chores, part-time jobs, etc.Teach them how banking works (deposit checks, take cash out ATM machine, check balances online, etc.)Teach them the basics of how money works. How much interest they can earn, etc.Set specific goals for savings: buy a video game, a new electronic device etc. EPISODE SPONSORS Money Flow System - Download Free Money Flow Playbook and start automating your finances. SUBSCRIBE & SHARE Want to be the first to know when new episodes are released? Click here to subscribe in iTunes! IT’S FREE! LET’S GET SOCIAL Anna on Facebook Anna on Instagram

Reasons why you may want your child to have a savings account:<ul><li>Teach them about saving money from income they earn, aka, allowances, chores, part-time jobs, etc.</li><li>Teach them how banking works (deposit checks, take cash out ATM machine, check balances online, etc.)</li><li>Teach them the basics of how money works. How much interest they can earn, etc.</li><li>Set specific goals for savings: buy a video game, a new electronic device etc.</li></ul> &nbsp;&nbsp;EPISODE SPONSORSMoney Flow System - <a href="https://money-flowsystem.com/optin27480464" rel="noopener noreferrer">Download Free Money Flow Playbook and start automating your finances.&nbsp;</a>&nbsp;SUBSCRIBE &amp; SHAREWant to be the first to know when new episodes are released?&nbsp;<a href="https://podcasts.apple.com/us/podcast/money-boss/id1528660889" rel="noopener noreferrer">Click here to subscribe in iTunes!&nbsp; </a>IT’S FREE!&nbsp;LET’S GET SOCIALAnna&nbsp; on <a href="https://www.facebook.com/anna.sergunina.9" rel="noopener noreferrer">Facebook</a>Anna on&nbsp;<a href="https://www.instagram.com/anna8sergunina/" rel="noopener noreferrer">Instagram</a>

#109: Why open kids savings accounts?

Our lives are busy, and it can be tough to find time to focus on your finances! But we all know that what we focus on in our lives is what ends up taking priority. 

Money is no different! The good news is that you don’t have to spend multiple hours each day focusing on your finances in order to find financial success. Smart Financial Decisions are for you and I and our everyday life, You don’t even have to be rich to start building your very own Money Roadmap to achieve your financial goals.

Taking a small amount of time each day, or each week, to check in with your goals, track your progress, and plan ahead can make a huge difference.

This show is here to help you gain the clarity and confidence you need to start making Smart Financial Decision. Your host, Anna Sergunina, CFP®, is a fee-only financial planner at MainStreet Financial Planning, Inc. A mother, a wife and a business owner who wants you to live your Best Financial Life as she is running with you side by side.

In each episode, she’ll be sharing practical money tips, to help busy families, just yours and mine get their very own money to flow, figure how they can gain financial confidence and clarity, get actionable tips, and learn from the best experts on how to stop trading time for money. We’ll definitely get to talk about major life milestones such as  how  to get a jump on retirement plan and saving for your kids’s education expenses at the same time making sure we are Balancing between living today and planning for the future. 

She will share ideas, stories, and tough lessons learned. We will celebrate your financial wins together and will hold a Money Date. 

Ready to dive in? Let’s go!

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Education

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Our lives are busy, and it can be tough to find time to focus on your finances! But we all know that what we focus on in our lives is what ends up taking priority. Money is no different! The good news is that you don’t have to spend multiple hours each day focusing on your finances in order to find financial success. Smart Financial Decisions are for you and I and our everyday life, You don’t even have to be rich to start building your very own Money Roadmap to achieve your financial goals. Taking a small amount of time each day, or each week, to check in with your goals, track your progress, and plan ahead can make a huge difference. This show is here to help you gain the clarity and confidence you need to start making Smart Financial Decision. Your host, Anna Sergunina, CFP®, is a fee-only financial planner at MainStreet Financial Planning, Inc. A mother, a wife and a business owner who wants you to live your Best Financial Life as she is running with you side by side. In each episode, she’ll be sharing practical money tips, to help busy families, just yours and mine get their very own money to flow, figure how they can gain financial confidence and clarity, get actionable tips, and learn from the best experts on how to stop trading time for money. We’ll definitely get to talk about major life milestones such as how to get a jump on retirement plan and saving for your kids’s education expenses at the same time making sure we are Balancing between living today and planning for the future. She will share ideas, stories, and tough lessons learned. We will celebrate your financial wins together and will hold a Money Date. Ready to dive in? Let’s go!

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#109: Why open kids savings accounts?

#109: Why open kids savings accounts?

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