Sunday, May 27, 2007

Finance, Everyone needs it!



Oh.. Finance!!! Money! You can't live without it!!! But the problems that arises from it you can definitely live without it right? Argh.. Just thinking about it makes me have a headache! Loans, mortgages, credit card, car insurance.. This little girl still has much to learn!!!

Do you have a bank account for your children? I remember when I was younger, my mum opened up lots of bank accounts for me. Those kiddy bank accounts that gave lots of soft toys and little coin banks! I had tons of them!!! And I would follow my mum all day around town checking on my saving accounts and collecting more 'goods' from them!!!

Unfortunately though.. I think those bank accounts were opened not for my future but more to collect interest because I have no idea where the money went. My mum certainly didn't give me the money! =(

Boohoo.. But seriously though, did you know that children's bank account has higher interest rates? It's really good to get your children knowing the importance of saving money even at a young age. Just make sure you give them the money after that! =)

Check out these articles. It's kinda true. Don't ya think so?

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