Product features: this kind of product is completely developed for children, and the purchase period exceeds 1.5 years. It is a medium-and long-term wealth management product, which is exempt from personal income tax. Moreover, some banks have integrated the functions of saving, insurance, fund and trust on the basis of the original products, making the products more abundant.
Suitable age: 12~ 18 years old.
Special financial line: bring valid documents to the bank to open an account-deposit financial funds-understand the characteristics, benefits and risks of children's financial products-sign an agreement with the bank on children's financial products.
Income and concern: Wang Jian, a financial planner of China Industrial and Commercial Bank of China Liaoning Branch, said that the current annual income rate of children's wealth management products is generally 8%~ 10%, which is more suitable for students above grade three to invest.
Line 5
Wealth management account (growth account)
Product features: This is a stable and convenient financial management method, and this kind of account has relatively complete functions, generally it is a debit card with current all-in-one, current passbook and fixed all-in-one. Besides the basic functions of ordinary deposit and withdrawal, transfer, ordinary payment and settlement, you can also flexibly choose various savings schemes.
Suitable age:1under 8 years old.
Financial management route: bring valid documents to the bank to open an account. To apply for education savings, you can enjoy double benefits of interest-free tax and preferential interest rate with relevant certificates.
Line 6 piggy bank
Product features: piggy bank, formerly called "piggy bank", is a saving tool created by people in the Western Han Dynasty and one of the earliest financial management methods in China history. "Miscellaneous Notes of Xijing" records: "The piggy bank uses soil as a container for storing money. When it is full, it jumps on it."
At present, piggy banks are not only available in China, but also popular abroad.
Suitable age: 0~ 15 years old.
Financial management route: buy in various shopping malls.