From Kids to Teens to Independent: How Cash App Builds Savings Habits at Every Age - CNET

The way parents talk to their kids about money changes over time. You might teach your six-year-old the basics of spending and saving — not to mention addition and subtraction — using actual dollars and cents. But that approach won’t work with a teenager, especially in a world of digital-first banking [1].

Kids and teens need a safe way to learn about money that grows with them, and parents need trusted, easy-to-use tools to teach them. Cash App Families accounts are designed specifically for children and teens, with broad parental controls and strong privacy and security protections that automatically evolve as your child learns over time.

Here’s what parents need to know about how to set up a financial services account for their child, and how Cash App Families accounts can help you teach your kids smart financial habits, from kindergarten to high school graduation.

How to open a financial...

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