Hunt says age 10 is a good time to help them open a savings account, teach the concept of interest and allow them to manage and track its progress online.

FORBES: How To Raise Financially Savvy Kids

VirtualU, a new firm near Virginia Tech in Blacksburg, VA, is taking on the challenge of starting a company that offers game-changing technology with the obstacles any startup faces: launching the concept, managing competitors, and trying to manage their talent.

FORBES: VirtualU in the Startup Ecosystem

The concept is not new, but in its current form it enables users to manage their data seamlessly and with a much lower risk of data loss.

FORBES: Dell-EMC Relationship "On The Rocks" After Storage Acquisition