I would like to hear different experiences with teenage accounts and should I really consider doing this. My con is 15 and he is going to school which is not in our home town and I think that we should find a way to pass him the money without troubling him to come home every weekend. What do you think? Is it too soon? Is this an option at all?
I’m not sure about this at all, but I know that my sister’s daughter had some kind of account; I always thought that she just had right to use her mother’s account, but it seems that she had an account on her own. However, it turned out to be a stupid thing, since children so young can’t handle money very well, at least not without supervision.