I. Time deposit
Time deposit is a relatively simple way to save money. After being deposited as a time deposit, you can get back the principal and interest at the agreed interest rate at maturity, which is a financial management method to protect the principal and interest.
Parents can choose different storage methods according to their own economic situation. If they have enough money, they can deposit them as certificates of deposit, and the interest rate is higher. If the financial pressure is great, you can also use fixed investment to deposit time deposits, and the twelve certificates of deposit method are both practical time deposits.
Second, children's bank cards
Children's bank card is a bank card specially set up for children under the age of 16. Industrial and Commercial Bank of China, Bank of Communications and rural commercial banks all have children's cards.
The use of children's bank cards is limited, and they have some basic functions of ordinary bank cards, such as deposit and withdrawal, consumption and transfer. , but there is no financial management, online banking and other functions. So it is more suitable for baby savings.
Banks also have different card themes for children's bank cards, such as ICBC baby growth theme cards. This kind of bank card takes the family as a unit, which supports regular deposit of funds from the bank card of the father or mother, and can also save money for the baby.
However, children's bank card savings is essentially an ordinary bank savings business, which has a strong sense of ceremony only because of the concept of children and family, which is also helpful to cultivate children's financial awareness.
The first batch of children's bank cards-children's consumption co-branded cards, jointly launched by Chongqing Bank and Young Pioneer, were distributed in people's primary schools. More than 100 children from many schools and their parents attended the distribution ceremony. The owners of the cards are 8-year-old Du Zhongxin and 10-year-old Fan Ye. Holding the bank card, the children said that they could finally manage their own finances. Many parents are worried that giving their children economic power too early will breed the habit of spending money indiscriminately.
Children's bank cards can be fixed online payment, and some consumption can be discounted. According to reports, the function of children's consumption co-branded cards is similar to that of ordinary savings cards. Because the cardholder is young, considering the safety of using the card, the bank has restricted the function of using the card, such as not being able to overdraw.
The card has some additional functions for children's deposits, such as fixed investment by the fund, and children can realize long-term investment and cost dilution through regular fixed investment by the fund. And the investment threshold is very low, starting from 100 yuan.
In addition, children can also agree on the balance of current accounts according to their income ability. Once the stored amount exceeds the agreed amount, the excess can be automatically transferred to the agreed terms. In addition, the card also has the function of online payment, and shopping can be completed directly with the payment account without logging in to online banking. Some children's shops can also offer discounts with cards.