My husband and I are planning to open up a bank account for our 6-year-old boy. You see, he owns a couple of piggy banks and instead of spending what he has earned for toys or perishable items, we both agreed to just put the money in the bank. When I was still a kid, my parents have also instilled the value of saving on me and I was able to take that attitude with me now that I'm also a parent. I think it's best that children learn the importance of saving money at a young age so they could become responsible individuals when it comes to managing their money in their adult life. For those who have kids, are you also considering opening a bank account for your child? For those who don't have children of their own yet, are you also considering to do this too when you finally have your own kids?