This is a great time to open your first bank account, too

Many teens think about how they can earn money so they can spend it, but it’s important to learn how to manage it as well. The best place to start is with a bank account. Before you land that new job, you should establish a bank account to keep track of your new earnings and keep it safe. This one step will open the door for hands-on experience managing money and discussions with others on various aspects of financial management, which will help prepare for the future.