In the UAE, parents are modernizing the Eid tradition of Eidiya by opening bank accounts for their children. This approach teaches kids financial responsibility early on, fostering long-term saving ...

As the spirit of Eid brings families together across the UAE, many parents embrace a modern approach to an age-old tradition ...

As the spirit of Eid brings families together across the UAE, many parents embrace a modern approach to an age-old tradition of saving their children’s Eidiya in dedicated bank accounts.

Under Sebi's rules, when a child turns 18, the parent or guardian can no longer make transactions on their behalf. These ...

The bank offers the younger generation access to a dedicated mobile app to manage their savings and a host of additional ...

NRI children must report Indian interest income in their resident countries, but tax relief is available under DTAA to avoid ...

Whichever way they earn a few extra bucks, having a savings account for kids can offer them a convenient and safe way to store funds while teaching valuable financial lessons. With this idea in ...

For kids ages nine to 12, credit cards, Apple Pay and e-transfers are out of the question, but there are other cashless ...

teaching money management to your kids or starting a business with a friend, a well-picked joint bank account can be helpful. CNBC Select analyzed dozens of joint checking and savings accounts to ...

Below, CNBC Select breaks down the best investment accounts for kids, not including savings vehicles like certificates of deposit (CDs) or high-yield savings accounts. When it comes to choosing ...