Below you'll find a list of all posts that have been categorized as “Bank”
Is your piggy bank almost full? It might be time to deposit your savings to a bank! There are lots of reasons why it is better to save your money at a bank instead of at home. This month, Young Americans Bank brings you the most important! Safety Most banks have deposit insurance through the Federal Deposit Insurance Corporation (FDIC), …
Are you looking for a way to give back this holiday season? This month, Young Americans Bank has some ideas for how YOU can be a philanthropist! That’s a big word that means sharing your time, talent, or treasure to make your community a better place. It’s not as hard as you might think! Time It takes just a moment …
Money management skills can be developed at an early age, and Young Americans Bank is here to help! As a young adult, you can master money management by closely following these financial rules: MoneyMoney spent must never exceed the income available. Save a part of all the money you receive. Put your money to work earning interest. Avoid borrowing because …
Being a bank that’s just for kids means we take Halloween very seriously around here. Halloween is seriously fun! Young Americans Bank invites you to participate in any or all of the exciting events we have planned: Spirit Week at Young Americans Bank From Thursday, October 24 through Thursday, October 31, Young Americans Bank staff will be wearing their favorite …
How much do you know about the stock market? This month, Young Americans Bank wants to help you “take a walk on Wall Street” by explaining the basics of investing and the stock market. Let the tour begin! What is a stock? Stocks are shares of ownership of companies. These shares are sold to the public in markets around the …
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, …
Just like any skill, managing money takes practice. It helps if you can practice with real money! #FinancialFridays pic.twitter.com/vSy9InjzFC
