Banking for kids introduces young people to the basics of managing money. It often includes opening a savings account at a bank or credit union, where children can deposit their allowance or gifts. This helps them learn about saving, interest, and the importance of budgeting. Many banks offer special programs designed for children, featuring fun activities and educational resources. These programs teach kids about financial responsibility, such as setting goals and understanding the value of money. By learning these skills early, children can develop good habits that will benefit them throughout their lives.