process of opening a saving account for major (parents) and miner (child)
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In physical geography, tundra (/ˈtʌndrə, ˈtʊn-/) is a type of biome where the tree growth is hindered by low temperatures and short growing seasons. The term tundra comes through Russian тундра (tûndra) from the Kildin Sámi word тӯндар (tūndâr) meaning "uplands", "treeless mountain tract".[1] Tundra vegetation is composed of dwarf shrubs, sedges and grasses, mosses, and lichens. Scattered trees grow in some tundra regions. The ecotone (or ecological boundary region) between the tundra and the forest is known as the tree line or timberline. The tundra soil is rich in nitrogen and phosphorus.[2]
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Here are some things to consider when it comes to opening a savings account for your child.
Open a savings account, not a checking account. ...
Bank at the branch and online. ...
Find a bank that promotes financial education. ...
Look for the highest yields. ...
Avoid account fees and ask about features.
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