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Fortune
Fortune
Abigail Rueger

UNCOVERED: How to choose as student savings account - The Untold Story

Young mother teaching her teenage daughter finance at home with the aid of AI financial app. (Credit: Getty Images)

So you’re ready to start teaching your teen about money, and choosing a student savings account is at the top of your to-do list. We’re here to help.

According to a recent study by CreditOne Bank, more than half of Gen Z are entering adulthood without any formal financial education and it’s fueling generational financial trauma. Teaching kids to deposit part of every paycheck, however small, in a savings account can help build good financial habits early in life.

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