Should Your Child Have A Bank Account? 4 Ways They Benefit

As your child turns into a teen and then into a young adult, when should you introduce them to the world of bank accounts? The answer depends on each family, but it may be earlier than you think. Why? Here are a few compelling reasons to take your kids to the bank and get them started on a path to financial success. 1. There's Little Minimum Age Requirement. Many people don't really consider their child's banking needs much before the child turns 18.