What a phenomenal year this was for our youth business owners. The community shoppers didn’t do too badly either! With more than 150 businesses participating in two weekends of Marketplaces, December at Young Americans started of strong. This year’s batch of products were high quality and incredibly diverse. Shoppers could choose from lego ornaments, cake pops, melted crayon paintings, recorded …
Every day as Young AmeriTowne comes to a close, I am rushing around to check in with the accountants to see if their shop was able to pay back the bank loan plus 10 % interest. Each shop is required to take out a loan in the morning so they can do business, but at the end of the day …
As adults, we know how important our credit score can be. Many institutions, from lenders to potential employers, use this number to judge our level of responsibility. Unfortunately, youth that are just starting out rarely have a history of credit. I get a lot of questions from parents regarding how to help their children build credit without building debt, so …
Each month we pick on concept to focus on in Young Americans Bank. During December, we realized that, with people spending lots of money on gifts for each other, it’s easy to forget to spend money yourself! That’s why we’re promoting” Pay Yourself First,” the best way to think about saving for the future. What does “Pay Yourself First” mean? …
So you think you want to start a business? We have 10 great reasons why you should come to us to help you get started. Can you think of more? Share them with us in the comments section below. Young Americans Bank. We have a bank just for you! Open a personal or business account, or apply for a business loan. …
Success Strategies is a free class we offer at Young Americans before each Young Entrepreneurs Marketplace to help business owners make a plan to be as successful as possible during the actual event. Our most recent class was hosted in October 25th, and had some brand-new business owners and their parents join us to learn and share about good vs. …
While all our staff members love interacting with the young kids and students who come through our building every day, we do need to let off a little steam every now and then! This year, our staff holiday party took place at Canvas and Cocktails, and we painting a beautiful “Winter Moon” to take home. Some people went a …
Who’s counting? When you walk into a shop in Young AmeriTowne, it will be staffed with a manager, an accountant, and salespeople. Each shop takes out a bank loan in order to pay their employees and pay for services that other shops provide. By the end of the day, each shop must pay back this bank loan plus 10 % …
Racking your brain for unique and creative gifts this holiday season? Support young business owners while getting your holiday shopping done. Come to the annual Young Entrepreneurs Marketplace! There will be 175+ different businesses owned by youth ages 6-21 selling homemade goodies, original artwork, handcrafted jewelry and much more! Sat. Dec. 6 from 10-2 in Denver (3550 E. First Avenue …
In last month’s post on holiday savings, I mentioned that you may offer to help your child pay for holiday purchases. This doesn’t necessarily mean you have to fork over money you may never see again. In fact, you are well within your rights and providing an invaluable learning opportunity by offering your youngster a loan. Lending money to adult …
