How financial literacy can change your daughter’s life

Open a bank account in your daughter’s name and give her a debit card. Put a fixed amount in the account every month and let her use it for small transactions. A teenager who manages her allowance herself will understand the value of money more effectively.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/plan/how-financial-literacy-can-change-your-daughters-life/articleshow/78331677.cms