If you want to start building a savings early on for your child, the perfect vehicle to do that is through a custodial ...

Opening a savings account for a child can help teach them valuable financial skills, such as money management and goal setting. Custodial accounts can hold more than just cash and may affect future ...

A savings account for youngsters can introduce them to the idea of putting money away and even help them learn about concepts like compound interest. They can deposit money from birthdays, holidays, ...

Finder.com reports five effective ways to teach kids about money: open bank accounts, involve them in shopping, teach cash counting, use piggy banks, and simulate bill payments.

One of the most important lessons CNBC Make It Executive Editor Jenna Goudreau is teaching her five-year-old daughter is that ...