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Saving Habit in minor
When I was below the age majority - 18 years (Pakistan) - my parents used to say Beta don't spend all of your money rather you must save some of Rupees from your pocket money. They used to buy ceramic/clay pot ( اردو: غلّہ) for me, so I can put some of my pocket money in the pot for future use. This was the move of my parents to inculcate saving habits in me. Today - in the technological era; strong financial system; Banking institutions - the use of those ceramic/clay pots is almost dying perhaps died. Many banks offer account services for the age group of new born upto the age of majority to motivate young generation to save for their future needs. In Pakistan following bank offers following accounts with different benefits and features: Bank Al Habib Young Savers account Bank Al Habib, one of the growing bank in the metropolitan city Karachi, with over 350 branches countrywide icluding more than 100 branhces alone in Krachi offers ac...
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