70 20 10

Janet Redwine Bank Leave a Comment

A question we hear a lot at Young Americans Bank is, “How much money should you save?”  This month we bring you our thoughts, and tips for how to save more wisely! When you’re thinking about how much to save, it’s helpful to think of these percentages: 70 – Spend! Spend 70 percent of your money. 20 – Save! Save …

Concept of the Month: Five-Step Spending Plan

Natasha Rea Bank Leave a Comment

This month, Young Americans Bank wants to help you better manage your money! One of the most important personal money management rules is to live within your income.  To accomplish this, most of us need a plan for how we will spend our money. Here are 5 steps you can use to create a spending plan:  Step 1 – Take a …

Concept of the Month: Wanna Be A Millionaire?

Natasha Rea Bank Leave a Comment

Do you want 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!  To help you get on your way, this month Young Americans Bank brings you seven savvy summer job ideas: Cleaning Services: Washing windows, washing and waxing cars and boats, cleaning pools, cleaning aquariums, …

Concept of the Month: Balanced with the Bank?

Natasha Rea Bank Leave a Comment

It is very important to keep track of your own transactions in your checkbook register, and then double check your register with the statement the bank sends you every month. Make sure all the checks and deposits that the bank is showing are correct, and that you haven’t missed recording any of those same deposits, checks, or withdrawals in your register. What’s the …

Kids cheer at Young Americans Bank in Belmar

Beat from the Branch: Young Americans Bank now open in Belmar

Janet Redwine Bank Leave a Comment

Young Americans Center for Financial Education is thrilled to announce the grand opening of a third branch of Young Americans Bank located in Lakewood.  Specifically designed for youth up to age 22, Young Americans Bank provides hands-on education in finance while offering products and services customized for young people.  This third branch, which joins existing locations in Cherry Creek and …

International Towne students gain hands-on experience using a credit card.

Credit Cards: Knowledge is power

Janet Redwine Bank 2 Comments

U.S. News & World Report, a nationally recognized publisher of consumer advice and information, recently completed a nationwide financial literacy survey in order to get a comprehensive understanding about consumers’ experiences with credit cards. The results of the study reveal that many consumers don’t understand the basics of credit card ownership, such as credit score, interest rate and the consequences …