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Youth Share Account

So you're lobbying your parents for more privileges. You want a new cell phone. A later curfew. Maybe even a car. How can you persuade them that you're mature enough? First, clean your bedroom. Then bring us five bucks and open a savings account. Being responsible with money is a good way to act like a grown-up.

When it comes to saving, start 'em young

Anyone under 18 can open a Youth Share Account. And no, kids, the name doesn't mean you actually have to share your money with anyone. It just means that you technically own a share of Financial Horizons Credit Union, the Nevada credit union that wants you to grow your money. Tweet that to your friends!

  • Minimum balance is $5
  • There is no monthly service fee
  • Balances earn dividends that are paid each month

We don't want to overload you with too much financial stuff now. But another good thing about a Youth Share Account is that it gives you access to other Financial Horizons services. This is helpful, for instance, when you have to teach your parents all about banking with their cellphone.