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Parent's Guide

Children's Checking Accounts

Open a checking account at the credit union for your child and teach her how to balance a checkbook. While it may seem a little early, if you help her open that first checking account, you'll be in a position to teach her good checking habits: regularly balancing the account, keeping a balance in it, only writing out checks for money that's there, etc. This is also a good time to explain the difference between credit cards and debit cards.

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