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Fortune
Fortune
Mia Taylor

HISTORICAL FACTS: How to open a savings account for a child | History Defined

Photo illustration of a grandmother, mother, and daughter, counting coins and going over finances. (Credit: Photo illustration by Fortune; Original photo by Getty Images)

It’s never too early to begin a child’s financial education.

One of the ways you can help children learn about the value of a dollar, as well as delayed gratification, and overall money management (while also squirreling away funds for their future), is by establishing a savings account in their name. 

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