![]() We also turned on alerts, so he gets a text after every purchase. We added the debit card to his Apple Wallet so he can use the account even if he doesn’t have the debit card with him. We filled out all of the paperwork online and J received a debit card and checks. Some banks like Chase have accounts for teenagers. It’s easiest if you bank at the same place, but you could also open an account at another bank if needed. ![]() Check your bank to determine the minimum age for regular accounts. ![]() I think 13 is a great age to start with their own checking and savings accounts. J has also been using YNAB for two years now, but I wanted to give an update on the entire process and how easy it can be for your teenager to manage their money. After a few years, we switched to FamZoo’s prepaid cards and last year when he turned 13, we opened regular checking and savings accounts at our credit union. When I first started teaching J about money, we used cash and envelopes.
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