good day house.

please at what age do you think its appropriate to open a bank account for my child and also expose my child to the habit of saving?

thank you

After 8 days once u have his/ her passport taken

skillzbae:
After 8 days once u have his/ her passport taken

Perfect answer.

Why do you want to train up your child to start saving at such a young age.
That's inhibiting his social development.

Your child will grow up being a miser,
Please allow him to flex his life and enjoy the money as it comes

We've only got one life to live and it should be just to jaiye ooo

What is the essence saving all the money on earth and when you die one useless next-of-kin will blow your life savings at one sitting.

Even if you don't die, the bank will use hidden charges to deplete all your savings.

The moment he or she has a name.....

at 15.... SS1

10

The day after the naming ceremony

It's Lala again

skillzbae:
After 8 days once u have his/ her passport taken

I concur..

5


then put something there every month for him

Damminglola:
The moment he or she has a name.....

I concur.

U can open an account for ur child even at d age of one...u'll b incharge of d acct until wen u feel ur child is capable of handling d acct

2 months old

As soon as you have the money to do so. The earlier the better, nigerias future is bleaked already.

at anytime you wish, I opened for mine a month old,SKS(smart kids savings) by GT.

18!

i dont get how this is a reasonable question...does it matter the age you open an account for your child? long as you have money to save there. asking this kinda question makes it seem like the account is supposed to mature and start earning money at some point. if you have money to save for your child at any age, open an account and save dammit

superdokun:
good day house.

please at what age do you think its appropriate to open a bank account for my child and also expose my child to the habit of saving?

thank you

From Birth

As soon as that girl get belle.
No even smell woman Toto if you no get plan for the result

my dad open 4 me at 17.. becus dat was wen he av d cash to do it.. i luv u dad.

Encouraging a kid to save too early could be dangerous o. Some do turn out to be kleptomania. They just want to fill that piggy bank in other to please the parent. Wait till they are a teenager.

Na somewhere I read am sha

The day the child is born and put birthday money etc in it.
Put a token amount in each month. Then hand over to child at the age of 25

Any age between 10-14 seems fine to me.

I opened for my children two weeks after they born. The agreement with First bank is, they will start accessing it once they are 18 years. I usually update their passports.

The moment you conceive the pregnant... fidelity bank has package for you

That is not your responsibility,your job is to give him sound education and parental love so he or she will not be a nuisance like FFK and Fayose.

Age 4.

in my opinion, 15 or 16 will do

After naming ceremony. Any money received as gift during the ceremony should be used to open the account. Thereafter get a piggy bank for the child as soon as he starts talking to save any cash given to him, which should be sent to bank every year end. Let the child go to the bank with you, explain the process to him, even if he doesn't understand all the details. With time the child will come to understand and be proud of such act.