Make a Money Pie! The key to financial well-being is to spend less than you earn. Sometimes that can be more difficult than it sounds, so you should always make a budget and stick to it! A budget is a plan for using income productively. There are many things that you can use your money for, but for this exercise, …
On Wednesday, February 24th, 100 students from three Denver and Aurora Public Schools were treated to a live webinar with NBA basketball legend, Ervin Johnson, and the President and CEO of Young Americans Bank, Rich Martinez, Jr. The event was part of the Nuggets Math Hoops program and was hosted by Coach Calvin of Learn Fresh Education. Fielding students on-point questions, Johnson and Martinez got right …
“Time is money” is a familiar expression. When it comes to saving, a plan where you start with less money early will often have greater ultimate value than saving larger sums later. The additional time matters because of compounded interest, a concept that is known as the time value of money. One of the best financial habits you can form …
Experts agree: saving is important. So today Young Americans Bank shares a great tip for growing your savings: 70 / 20 / 10! You might notice that 70 + 20 + 10 = 100. These numbers correspond to percents that you can use any time you receive money: Some kids receive money as an allowance. Some earn money because they …
Young Americans Bank and Center for Financial Education are honored to welcome six new Board Members this year to help lead our organization. Their experience and passion are such an asset to both institutions, and they are already hard at work providing guidance, support, and oversight. Meet all six Board Members below! Chris Becze, Armanino As Tax Partner at Armanino, …
What is a Register? When you open a savings account or a checking account, one thing you’ll receive is a register. Your register helps you keep track of your money so that you know exactly how much you have. How to use a Register It is very important to keep track of your own transactions in your register, and then …
The holidays are quickly approaching, so today Young Americans Bank brings you our tips for savvy shopping! Whether you’re looking for the perfect gift or you’re looking to spend some money you’ve been gifted, these tips will help you save money. Think before you buy Do you really need this? Is this the one you want and will you still really, …