Why your child should have a savings account and how to open one
A savings account is a good tool for teaching children financial basics and responsibility.
6 min read
Apr 29, 2022
EXPERTISE
- Banking
- Personal finance
- Credit cards
EDUCATION
- Bachelor’s degree in English, University of Illinois
- Master’s degree in journalism, Columbia College Chicago
Karen Bennett is a consumer banking reporter at Bankrate. She uses her finance writing background to help readers learn more about savings and checking accounts, CDs, and other financial matters.
Karen brings decades of writing and reporting experience to the table, including the roles of credit cards writer for travel website Million Mile Secrets and money and career writer for The Cheat Sheet. Her work has also appeared in USA Today, Illinois Legal Times, and several Chicago, Milwaukee, and Washington, D.C. newspapers. In addition, she’s worked in the areas of marketing and business development, and she was product manager for a consumer money-saving website.
When she’s not writing Bankrate articles, she can often be found cheering her kids on at soccer games, cooking and reading up on saving for retirement and other personal finance topics.
Karen's latest articles
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