It's never too early to start teaching your children about finances and encouraging them to save. In fact, research has shown that children as young as five can begin to understand the value of money.

The Fed's latest Survey of Consumer Finances shows that the typical American household has $5,300 in a savings account at a ...

Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in our study.

Currently Managing Director of Motley Fool Money, Brendan has worked full-time for The Motley Fool since 2011. He has written hundreds of articles for The Motley Fool and provided analysis on TV ...

Today's best savings accounts are paying near record rates, and the highest APYs of all are offered to kids. See how they can earn as much as 10% on their cash in the bank.