http://www.cbsnews.com/videos/teaching-kids-about-money/

My parents have taught me a lot about money they gave me an allowance of 10 dollars a week but that came with chores to do. then when i was old enough i started reffing and my parents took half of my pay check and put it into a saving account.

the video and ever fi taught me a lot about different Savings vehicles and how to save my money and which accounts to use for what purposes. Savings accounts are the best in my opinion, especially if you compound it daily to get the highest interest rate. The debit card is the best card, but it does has the least amount of security.