How to save money for children?

There are several ways to save money for children.

I. Time deposit

1. Time deposit is a relatively simple way to save money. After being deposited as a time deposit, you can get back the principal and interest at the agreed interest rate at maturity, which is a financial management method to protect the principal and interest.

2. Parents can choose different storage methods according to their own economic situation. If they have enough money, they can deposit them as certificates of deposit, and the interest rate is higher. If the financial pressure is great, you can also use fixed investment to deposit time deposits, and the twelve certificates of deposit method are both practical time deposits.

Second, buy insurance.

Buy insurance for children and save money. At present, there are many insurances about children's education savings in the market. The main purpose of this kind of insurance is to provide corresponding protection for children's financial needs when they are studying in college or abroad. Buying this kind of insurance can not only be used as savings for children's education funds, but also provide certain protection for children. Therefore, it is good to save money for children to buy insurance.

Third, children's bank cards

Children's bank card is a bank card specially set up for children under the age of 16. At present, ICBC, Bank of Communications and Rural Commercial Bank have all introduced children's cards. Children's bank cards have a limited scope of use and have some basic functions of ordinary bank cards, such as deposit and withdrawal, consumption and transfer. , but there is no financial management, online banking and other functions. So it is more suitable for baby savings.

First, how to save money for children

1. If the child is underage, the guardian can take his ID card and the child's household registration book and go to the bank to open an account for the child. At present, some banks have launched child bank cards. Compared with ordinary bank cards, the function of children's exclusive bank cards is relatively simple. For example, you can't manage money, you can't buy funds, and you can't open online banking.

2. After handling the bank card, you can choose to deposit current savings or regular savings. Children generally only need more money in the school season, so it is ideal to save regularly for about half a year.

Two, the purchase of children's education savings insurance matters needing attention:

1. The insured shall specify the insurance period and choose the corresponding insurance return method according to the children's different education stages;

2. When buying education savings insurance for children, we should give consideration to the security function and provide certain protection for possible accidents or diseases in the future;

3. To buy education savings insurance for children, you need to pay attention to the exemption clause. This clause is mainly to protect the insured from risks such as illness, accidental death or high disability. In this way, the insurance company will exempt the insured from the premiums to be paid in the future, and the protection content of the policy will remain unchanged, still providing corresponding protection for children.