When Your Teen Wants Independence and You Still Want Visibility
At some point, it happens. Your teen wants to go, do, and decide on their own. And suddenly you are answering texts that start with “Can you send me money?” or “I forgot my wallet.” Teen independence is a good thing. It just works better with a little structure. MyLife Checking helps your teen manage their own money while you stay connected and involved, without hovering.
MyLife Checking (13 – 18 yrs)
Because independence should be learned, not guessed at.
Your teen is ready for more freedom. They want their own debit card. They want to earn and spend their own money. They want to feel trusted.
MyLife Checking gives them that independence in a safe, supportive way.
Whether it is depositing a first paycheck, managing birthday money, or paying for gas and lunches on their own, this account puts real responsibility in their hands while you stay right there as a co owner.
They get the confidence of managing their own money. You get the reassurance that they are learning before the stakes are high.
It is not about cutting the cord. It is about loosening it, together.
Help Them Save for What Matters to Them
Phones. Cars. Concerts. College. Freedom looks different to every teen. That is why Palmetto First pairs MyLife Checking with Goal Savings.
Goal Savings helps teens connect money to what they actually care about. Instead of spending everything as soon as it comes in, they learn how to set goals, plan ahead, and build toward something meaningful.
For teens, saving feels empowering. For parents, it builds responsibility and resilience.
Goal Savings teaches teens that independence is not just about having money. It is about knowing how to manage it.
Open a Goal Savings account for your teen today and help them build habits that will carry them confidently into adulthood.
Jeremiah W.
“I would recommend Palmetto First to my friends because they can start an account early and learn about saving. They can also learn how to use a debit card, like when our football team is on the road. I like my Credit Union because everyone is friendly and helpful. (And my grandma works there) My money is in a safe place.”