Roughly 46% of the Philippine population is 19 years old and younger. This means that half the country’s population is yet to experience important milestones in their lives – graduating college, getting their first job, finding ‘the one’ and marrying. The list goes on. With so many life events they’ve yet to experience, it’s important for parents to help provide a brighter future for their children.
Parents can provide their kids a bright future through multiple ways. Aside from talking to them about basic money concepts, another way to teach them about money matters is by opening a savings account. Giving them the responsibility of handling their own account teaches them important values and skills they need when they grow older. Moneymax.ph rounded up the top 5 savings accounts (in no particular order) for your teens and kids:
1. Equicom Kiddie Builders Savings Account