2) Vertical stepper: This would be a good option but some of the steps are too "tall" for my use case and will be even "taller" on mobile hence, navigating amongst steps will not be very great as pointed out in this answer too.
It can seem like a big task for parents who want to get their children started on a path towards financial success. You might want to build your child's credit score and open a bank account for them, but you'll have to go to a bank and make your child an authorized user on your credit card in order to so. This is where Step, a new mobile banking service that's built for teens, comes in.
Step is a bank account, a credit card and a money management app all-in-one. Founders CJ MacDonald and Alexey Kalinichenko created Step with the intention of serving teenagers who were just starting their financial journey and opening their first bank account or credit card.
Step is a mobile banking service that's catered towards children between the ages of 13 to 18. It's a completely free service that offers users a bank account and a Visa Step Card. MacDonald explains that Step resists labels, it's neither a checking account nor a savings account and the Visa Step Card is neither a credit card nor a debit card.
"We kind of combine the solutions... where they [customers] have a deposit account where they keep all their money, and then they have a secured spending card that they can [use to] shop anywhere Visa is accepted," MacDonald said.
First off, the Visa Step Card is a type of secured card. However, it is not a debit card or a secured credit card. A traditional secured credit card is a card intended to help people with bad credit or no credit build their credit score. Secured credit cards function similarly to a debit cards but unlike a debit card, they can help improve your credit score.
With the Visa Step Card, teenagers are only able to spend up to the amount that's deposited in their Step bank account. If your account has $100, you can only spend $100. Unlike traditional secured credit cards, the Visa Step Card doesn't require you to make monthly payments on your purchases as all of the money you spend with the card must be backed up by money in your Step account. This means you can build your credit history without having to make any monthly payments.
Since the Discover it Secured Credit Card is a secured card, you have to be at least 18 to be approved and you'll need to put down a deposit of at least $200. Starting at seven months from account opening, Discover will automatically review your credit card account to see if you can transition to an unsecured line of credit and return your deposit. You can earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% back on all other purchases with this card.
In order to open a Step account, teenagers under the age of 18 will need a sponsor above the age of 18. Sponsors can monitor their teenager's spending activity, add money to the account, and manage or freeze a teenager's card. You can technically open an account with Step if you're under 18, but you'll need a sponsor, such as a parent or a legal guardian above the age of 18, to add money to your account or to start using the Visa Step Card.
You can transfer money to your teenager's bank account from another bank account, a debit card, Venmo, Cash App and PayPal. There is no way to directly deposit cash or checks into a Step bank account, but you can receive direct deposits into one.
Step also offers a similar functionality to Venmo's peer-to-peer payment tool which allows cardholders to send money to other people with a Step account instantly. However, you can not write checks from a Step bank account.
The Step bank account offers no interest on deposits and is FDIC-insured up to $250,000. This means it's probably not a great choice for parents or teenagers planning to store a lot of cash because of the lack of interest offered. A high-yield savings account is a better option for saving money that you're aren't using for your regular needs and will yield a greater return.
The other important element of Step is the app, which is available in the Apple Store and the Google Play Store. The app offers users a glimpse at their own spending habits, making it easier to budget and understand the expense categories they can cut back on.
Step is a completely free service: there's no minimum deposit, no fees for ATM access, no monthly fees, no overdraft fees and no interest rates. However, if you're going to withdraw money from an ATM, you need to be using one of the 35,000 ATMs within Step's network to avoid ATM fees. Step makes money like most credit cards do, through interchange fees whenever someone uses a Step card.
Step is a good choice for teenagers getting their first credit card and/or bank account. Since Step doesn't charge credit card interest, has no fees and requires no minimum deposit, it makes it unintimidating for teenagers to start building their credit and to learn about spending, budgeting and finance. Additionally, because it's an all-in-one service, parents won't have to open a separate checking and savings account for their teenager and can build their teen's credit without worrying about monthly credit card payments.
One drawback of Step is the lack of interest on deposits. If you plan on using your Step account like you would use a checking account, it's probably a good choice. If, however, you're looking to save a lot of money, you're better off investing it in an index fund or placing it in a high-yield savings account.
You can set up an authenticator app to send a notification to your mobile device or to send you a verification code as your security verification method. You aren't required to use the Microsoft Authenticator app, and you can select a different app during the set up process. However, this article uses the Microsoft Authenticator app.
Return to your computer and the Additional security verification page, make sure you get the message that says your configuration was successful, and then select Next. The authenticator app will send a notification to your mobile device as a test.
On your computer, add your mobile device phone number to the Step 3: In case you lose access to the mobile app area, and then select Next. Microsoft recommends adding your mobile device phone number to act as a backup if you're unable to access or use the mobile app for any reason.
Return to your computer and the Additional security verification page, make sure you get the message that says your configuration was successful, and then select Next. The authenticator app asks for a verification code as a test.
From the Microsoft Authenticator app, scroll down to your work or school account, copy and paste the 6-digit code from the app into the Step 2: Enter the verification code from the mobile app box on your computer, and then select Verify.
The SMS (text message) and phone call options are not recommended for user groups deemed to be at greater risk of targeted compromise, such as IT staff and high profile users who access High Risk data. These methods may be disabled for members of these user groups (with prior change communication) or those who opt in to have it disabled. Additionally, this option incurs a per-use telephony fee for the University.
Two-step authentication uses two forms of authentication to verify your identity. First, you enter your SUNet ID and password. Then you need a physical device such as your mobile phone, tablet, or landline phone to complete the login. This approach protects your Stanford account from fraudulent access.
Note: If you currently use Google Authenticator for your second factor you can continue to do so. However, you are no longer able to set up Google Authenticator on your smartphone or tablet. The Duo Mobile app is the preferred replacement.
One device must be designated as your default device, and your default device must have a preferred way to authenticate. Stanford Login prompts you to authenticate using your default device and preferred method but you have the option of authenticating using a different device (if you have other devices set up) or method.
Once you enable two-step authentication, you may see an extra page after you sign into a Stanford resource via Login. If you are using a browser that you previously used to authenticate, you will be presented with the last-used authentication method. To choose a different authentication method from what is provided initially in the prompt, you can select Other options to choose one of the other options that may be available to you. How frequently you are asked to authenticate on your default device varies, depending upon:
We recommend that anyone who travels internationally and needs to log in to Stanford websites use the Security Key. You can use Security key to generate your authentication code without an Internet or cellular connection.
Sufficient space, a firm hold and a protective railing: the stable ladders with a platform or landing are indispensable for complicated assembly work. They ensure your hands are free for work and also allow you to carry out complicated tasks without any fear of falling off the ladder.
Always choose your mobile safety steps to cater to the intended use. Depending on the working height, mobile safety steps with one or two steps or even a model several metres high might be the right choice. You can also choose between single and double sided mobile safety steps, or select folding models. Since ladders are often used in frequently changing work sites, many of our mobile safety steps are made of lightweight aluminium and are equipped with castors. For outdoor use in wind and weather, we recommend zinc plated mobile safety steps.
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