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Quote-a-Day Gifts
It is important to teach kids about money. Each day presents an entry from websites, books and quotes about teaching kids through college age about money and finances.

Kids and Money

May 24, 2017
PrintedOwl.com
CDs - Certificates of Deposit
It is a savings vehicle. You usually get a better interest rate than a savings account. But there are restrictions on when you can withdraw the money. When you purchase the CD you state how long the term will be and will be penalized if you need to withdraw it before the term is over.
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