Disclosure- This is a sponsored post.  All opinions are my own and honest. For more information, see “I Disclose”.

What is the best way to get your kids to respect money and learn how to properly manage it?  A piggy bank? How about a new type of bank account from Boiling Springs specially tailored for new bankers aged 14-23?  That sounds better. The account is called a Boiling Springs Savings Bank Student Checking Account. 

This account features:

No monthly fees

Interest earned on all balances

Free specialty checks or a discount on custom checks

Free online banking

Free online bill payment

Free 24-hour telephone banking

Minimum deposit to open account is $1.00

Free transactions at Boiling Springs ATMs with Boiling Springs ATM card or Debit MasterCard

Direct deposit

Overdraft protection transfer service available

At age 23, account will convert to a regular NOW account

Also, there is a promotion going on right now called, “Gift for Garden State Grads”, which runs through June 30, 2015.  When a student opens a new Student Checking Account with more then $20.15, they gain and extra $20.15 in interest, just for opening the account.  This is a great deal and a wonderful way to teach kids the value of saving with real money- with a great bonus.

Combining a student checking account and a part time job or an allowance will do wonders for kids when learning the value of money.  Nothing quite beats that first paycheck placed in your bank account and the nervousness of spending the first few dollars of it.  The ability to see your money grow and shrink as life demands is a learning experience, and balancing a check book for the first time is also an interesting teaching/ learning experience.  This account is also perfect for a young adult first getting into banking and money management while going away to college or their first full time job.  No matter what the reason behind it Boiling Springs is a great first stop for your student banking needs.