I just wrote up a little piece on the topic the other day:

https://steemit.com/money/@millers/steemit-is-the-best-place-to-open-a-kids-family-savings-account

Different people approach things different ways, as many of us have been indoctrinated into the banking systems and their approaches, we just adapted Steemit to the we we have been "taught" to do things!