Teaching my son financial responsibility goes wrong-ish

in #banking7 years ago

So my wife had my son open a savings account a few months ago and he deposited $20 of the money he has earned to save for a raining day. It is important for children to learn responsiblity and saving money.

Fast forward today. We open his statement (yes paper can you believe it) and it turns out his savings account for a minor has $5 a month fee. So now his $20 balance is $5.
lol

So like I said it is important to teach our children, DON"T TRUST BANKS! They will keep your money and call it a fee. Buying toys atleast brings satisfaction.

This message brought to you by the Crazy Crypto Guy
LOL

No, this really did happen today but I am trying to make it a joke so I can not be angry.. grrrr.

Sort:  

Congratulations @crankycrypto! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @crankycrypto! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.038
BTC 95102.79
ETH 3574.19
USDT 1.00
SBD 3.81