Concept of the Month

Concept of the Month: Nine Common Tools for Investing

Natasha Rea Bank Leave a Comment

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 …

Concept of the Month: Are You Credit Ready?

Natasha Rea Bank Leave a Comment

You’ve probably noticed that most adults have a credit card.  But you might be surprised to learn that many adults don’t use a credit card responsibly!  Young Americans Bank wants to help you understand what credit is and how YOU can use a credit card responsibly.  Then, we want to help you decide if you’re ready for a credit card! …

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 …

Five Tips for Helping Kids Learn Money Smarts This Summer

Janet Redwine General Leave a Comment

If you’re a parent, you’re probably hoping to make the most of summer by including both fun and learning in your plans!  Young Americans wants to our ideas for how you can help your kiddo learn money smarts this summer. Tip 1: Sidewalk Stand The old-fashioned lemonade stand is a great way for kiddos to get a taste of business. …

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 …