You could make:
Interest you could earn:
Your total savings could be:
At this age, your child is old enough to understand the difference between saving and spending. If you have been following our steps, he or she should have some money saved up and now you can explore other types of savings account. You can also start discussing how the household budget works. Click on the steps on the left to get started.
If you are just joining us, it’s never too late to start but since it’s never too early, visit Ages 0-5 to start the Early Earners Method and open a savings account or a 529 plan for college.
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