National Transfer Money to Your Daughter Day – October 6, 2022, history
Daughters mark your calendars; October 6 is National Transfer Money to Your Daughter Day. You read that right, an entire day devoted to daughters getting some extra pocket money from their parents. And what a great day it is to be a daughter, right? On this day, parents can transfer money into their daughter’s bank accounts,
hand them some cash in person, or use more modernized methods such as Venmo and Zelle to help brighten their daughter’s day. Plus, parents may be more inclined to fork over the cash if they know they are participating in what is considered a national holiday. If they seem at all hesitant, show them our article as proof, we’ll be more than happy to vouch for you!
History of National Transfer Money to Your Daughter Day
Since the dawn of time, parents have been helping their daughters. And in modern times, whether daughters are living as college students or as adults just getting started with their lives, moms and dads like to make sure their kids have what they need.
National Transfer Money to Your Daughter Day is the perfect excuse to send your girl a little bit of money to pay some bills or to pamper herself. Whether transferring money to her bank account or choosing to make her feel loved in another way, this day can be one that inspires and encourages.
Founded by Zelle, National Transfer Money to Your Daughter Day started out as a tongue-in-cheek way to get parents to send money to their daughters. The first instance was in 2017 and, likely with the support of daughters everywhere, it has grown far beyond Zelle into an international reason to celebrate!
Sending money to your daughter can sometimes be awkward if she’s an adult who is living life on her own. Whether a parent wants to help their daughter with a deposit for buying a new house or saving for college, this is the perfect excuse to do it without being super uncomfortable.
NATIONAL TRANSFER MONEY TO YOUR DAUGHTER DAY TIMELINE
1872
Western Union launched wire transfers
The company still exists today, and wire transfers have seen a number of changes throughout the years.
September 2, 1969
First ATM installed
Chemical Bank was the first bank to ever install an ATM at its branch in New York.
1998
PayPal founded
This online payment system drastically changed the way people transfer money in the modern world.
2017
Zelle founded
Accessed through your mobile banking app, transferring money to someone can be as easy as entering a person’s phone number or email.
5 FACTS ABOUT TRANSFERRING MONEY:
Cash is king
There is no limit, no transfer fee, and no wait time when using cash.
Venmo dominates
Approximately 52 million people use Venmo to transfer money.
Banks trust Zelle
Money can be sent from bank to bank within minutes from a mobile banking app.
Joint account perks
Online transferring money is made easy from a joint account into a single account when both are at the same bank.
Time is money
Domestic wire transfers between accounts at the same bank can take up to 24 hours.
NATIONAL TRANSFER MONEY TO YOUR DAUGHTER DAY ACTIVITIES
Send your daughter a surprise
Who doesn’t love money? Especially when it shows up in your bank account unexpectedly? Make your daughter’s day even more special by sending her some extra spending money.
Take your daughter out shopping
Another great way to treat your daughter on National Transfer Money to Your Daughter Day is to take her out shopping. This way, it will be a special day for both you and your daughter!
Give your daughter a gift card
Rather than putting money into your daughter’s bank account, try giving her a gift card to one of her favorite stores. She will love it just as much as she will love having money in her account.