Below you'll find a list of all posts that have been categorized as “Bank”
Saving your money with compound interest is just like planting seeds and watching them grow! Interest is free money the bank gives you for having your money in the bank. Compound interest is free money the bank gives you in addition to the money they already added quarterly (every 3 months). Regular Interest: Simple interest is based on the principal amount …
You may already know some interesting facts about our own U.S. currency, such as: $ The people and symbols that appear on our currency $ The materials our coins and cash are made of $ The shapes and sizes of our coins and cash But how much do you know about money from other countries? Foreign currency can be very …
Bonds, CDs, futures, oh my! There are so many investing terms out there, it’s hard to know what’s-what. This month, we break down nine common tools to help you understand what investing is all about! Bonds A bond is an IOU. By buying bonds, the bondholder lends money to a company or a government. In return, the borrower promises to …
This month, Young Americans Center for Financial Education would like to introduce someone who has been involved with hands-on financial education for years: current Young Americans Center Board Member and former Young Americans Bank customer, Tamara Doi Beck. Growing up in north Denver, Tamara Doi Beck was one Young Americans Bank’s first customers when it opened in 1987. Tamara remembers bringing her …
When you grow up, do you hope to be a millionaire? Then start now! SAVE your money, get a summer job, invent something the world can’t live without, or start your own business. Below are some summer job ideas to help you get started! Cleaning Services Washing windows, washing and waxing cars and boats, cleaning pools, cleaning aquariums, cleaning garages, …
Summer is on its way and our piggy friends will soon be back! Oink! Oink! Come hang out with our Belmar Bank this summer for Pigs around Town. For the second year in a row, kids ages 0-21 can join this fun scavenger hunt to win money and other cool prizes. New accounts can earn up to $50, and existing …
What does Pay Yourself First Mean? Pay Yourself First means that any time you receive money, you should immediately set aside an amount to save. Once you deposit money into your savings account it is safer, and you’re less likely to spend it than if you keep it with you. When you save at a bank, your money earns interest–free …
Be your own boss, start your own business, create your own invention! You don’t have to be an adult to start your own business. Take a look at these kids who started their own businesses and entered our Spotlight on YouthBiz Stars competition in 2018: Liam Lennon, age 12, Owner of The Lucky Penny Emily Rudnick, age 15, Creator of …
Sometimes it’s hard for us to save money. There are things we want and need, and even though we keep our money in the bank, we sometimes find that our savings isn’t increasing as we’d like! This month, we bring you a helpful tip we call “70 20, 10.” Read on to learn how to save more money each month! …
Budget – that scary word that makes some of us feel like Scrooge – is actually a fabulous tool to help you have control of your money and your life! When you budget: You know how much money you have coming in, and how much money you have going out. With all that knowledge you are able to save better …
Great job Shouken and all the youth entrepreneurs that pitched at today's @DENStartupWeek #YouthPass Pitch Challenge! pic.twitter.com/gJ9Pbq7AzP
