Financial Savings for Kid’s Communication

Financial Savings for Kid’s Communication Financial Tip Friday was brought to you in partnership with 1st National Bank of Dennison.

Financial Tip Friday is brought to you in partnership with the 1st National Bank of Dennison. 

If your children are old enough to stay home alone, but a phone is not in the budget or desire for them to have access to- there are options!

Many parents wait until their children are driving to purchase a cell phone so what are the options to get ahold of your child without adding another plan to the budget line item?

Prepaid Phone

• Purchasing a pre-paid phone is optimal as it is a one-time fee for the phone, typically under $30 and has no contract month to month.
• Simple flip phones can be preset so a child only has to press their “speed dial” number and “send” to reach their parent.

Land-Line

• A landline is a telephone line that actually connects to phones that stay inside your home.  This is an old-school concept but still works well.  Most companies (if you already have internet or cable established) charge around 10-20 dollars per month for the line.

Tablet

• Tablets have the ability to connect virtually face to face with certain apps.

Smart Watch

• Some watches require an extra phone line added, but it may be at a cheaper rate.

 

Computer

• Set up a computer or laptop with the ability to call over the internet using different apps such as:
  • Facebook messenger
  • Facetime
  • Google Duo
  • JusTalk Kids
  • Hangouts
  • Telegram

Parent’s Telephone

Parents use their phones for work, to schedule fun, accomplish tasks and if one is a client of First National Bank of Dennison, banking.  Beginning September 17, 2021, there will be a new 24-hour telephone banking system with brand new features.  As children grow into teens and young adults, telephone banking has the potential to become a major mode of banking.

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