alt.education

On Feb 5, 9:09 am, Wide Eyed in Wonder wrote:
> I saw an article in the last NEA Today article about the need to teach
> kids about saving money. I agree. How many of us decided to start
> saving for retirement at some point, and we were told how much more we
> could've had if we had just started saving sooner? I think it would
> be a good idea to start a savings account as a class project for all
> of our students, even if it were only a dime put away each month.
> This habit could save them a lot of grief, later in life.
>
> Kenneth Clifton
> christiansuperhero.com

In Australia the major banks offer student (school banking) accounts
that are free of charges. The students bring their bank books inot
school and they are collected by the banks once a week, processed at
the bank and returned to the school at the end on the day. The
accounts are designed to encourage saving from the first year of
school and they don't hassle the schools too much to run it. It's a
win for the banks too, as they get the kids banking with them from an
early age which in many cases would carry over into adult accounts.

Steve