Some Banking Tips for Children - Teaching your children the ins and outs of financial management.
The greatest gift a parent can give a child is knowledge. Teaching your children how to save and invest their money will help them make wise decisions as early as when they receive their first paycheck as teenagers.
Educate yourself on financial matters.
Many websites hold a wealth of information on these matters. Expanding your knowledge will not only benefit your own financial standing but will also allow you to present accurate information to your children.
Talk to your children about saving money.
Teaching them the facts about saving and investing will only lessen any apprehension associated with financial management.
Teach budgeting skills.
Parents are children's most influential teachers. As early as three years, a child has already developed a concept -- albeit a vague one -- of money. Don't waste the opportunity to help your child learn the importance of money management. With the right information, you will be able to foster the stability of your child's financial future.
Privacy on the Web and Parental Tips on Internet Safety Citizens Financial Bank has established strict internal security standards to protect information provided to us online. Encryption technology, passwords, and many other safeguards are used to keep this information safe and secure. In compliance with the Children's Online Privacy Protection Act of 1998, Citizens does not solicit or collect any information from children under the age of 13.
The Internet is a fascinating tool that provides many entertaining and educational web sites for kids and their families. Yet, parents should be aware that the web does have sites containing violent and sexually explicit content. Parents can take steps to protect their children from dangers on the web.
Here are some tips:
Instruct your children to never give out their first or last name, home address, or home phone number in chat rooms, on bulletin boards, in web pages, or to online pen pals.
Advise your children not to provide their screen name, user ID or passwords to others.
The Children's Online Privacy Protection Act of 1998 prohibits websites from collecting information from children under the age of 13 without first receiving permission from a parent/guardian.
Review the website's Privacy Policy to see how they use information collected from the site. Teach your children about how privacy policies on the web can protect them.
Look for a Privacy policy on any website that your child visits.
As a parent, you have the right to see the information that a website has collected from your child. You also have the right to request that this information be deleted from the site.
Be aware of what sites your children are visiting and spend some time surfing the web with them.
Your children should be able to participate in many online activities without having to provide any personal information. Help them to discover the many activities that do not require information from them.
Encourage your children to show you any site where they have a concern or feel uncomfortable.
There are Internet Filters available that block out sites containing offensive material, such as CYBERsitter, Surf Watch, and Web Chaperone.
