When I was 15, I got my first job at my mom’s bank. I was working in the mortgage processing department doing some random paper filing job, which was a great way to earn some summer cash. Unfortunately, I found it really difficult to manage the finances. I had direct deposit but my mom had access to my account, so it was a huge process every time I wanted to withdraw a couple bucks for a movie or dinner with friends. I spent way too much time in the bank with my mom just trying to make things easier. (It seems like only yesterday… sigh.)
I’m happy to report that ING Direct has a better solution for teens with summer jobs and parents to co-manage bank accounts! I’ve been a very happy customer of ING Direct for a long time now. Their website is really easy to use and every smart shopper knows that he/she has to keep an eye on finances. Here’s the info:
Summer is coming and, for most teens, that means its summer job time. Help us to remind parents that there?s no better time than now to put your teen on the road to financial independence with MONEY- a debit card and bank account that parents and teens manage together.
Not only can teens deposit their paychecks into their MONEY account and keep track of their savings and spending online or with the ING DIRECT mobile app, they’ll also enjoy:
- Access to 35,000 fee-free Allpoint ATMs.
- A MasterCard® DebitCard with PayPass?.
- No fees or minimum balances.
- Deposit checks using our mobile app or from your computer with CheckMate, our new remote deposit service.
Encouraging teens to be financially independent is great. Giving them the financial tool to get the job done- that’s so MONEY.