Rite of Passage: My Son Opened His Own Savings Account

My son has been vigilantly saving most of his weekly allowance. When he announced that he wanted to open a savings account once he reached $100.00 I was pleased. So this morning we got up bright and early and headed to Chase (after a stop for breakfast at IHOP) with a whopping $123.00 as his initial deposit. You have to know Tyler to understand why saving more than five bucks is worthy of the highest accolade. In the past, as soon as he received any amount of money he wanted to spend it. And I let him. But I realized … Continue reading