Below you'll find a list of all posts that have been tagged as “bank”
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 …
The events of the last year have had a financial impact on families across our country, regardless of income. The Bureau of Labor reported a 6.7 percent unemployment rate in December, and The Commonwealth Fund estimates that 7.7 million people lost their jobs between March and June. CNBC reported in September that 60% of businesses that temporarily closed because of …
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 …
Happy New Year from Young Americans Bank and Center for Financial Education! We are so excited for the new year and remain committed to our mission of ensuring youth receive the knowledge to become financially self-sufficient, more productive citizens, and active participants in our free enterprise system. I am extremely proud of the Young Americans team for the work that …
For Loan Officer Natasha Rea, working at Young Americans Bank is her dream job. She just became the Bank’s new Loan Officer, so I sat down with her to learn more about her passion for youth financial education. You could argue that Natasha Rea grew up at Young Americans Bank. Her mother worked in the Accounting department, which meant that Natasha became knew the Tellers …
These two words sound similar, but in fact they are very different: debit and credit. This month, Young Americans Bank introduces these two concepts to help youth understand what they are and how they are used in the banking world. Credit The term credit relates to borrowing. When using a credit card, you borrow money from the credit card company to …
It’s hard to step foot inside a bank without seeing the letters FDIC. And that’s for a good reason! The FDIC, or Federal Deposit Insurance Corporation, is an independent agency created to keep customer money safe. Today’s blog will explore how the FCID came to be and why consumers can trust banks that are members of the FDIC. In the …
New Episode Alert! Listen to the SECOND EPISODE of the Money Smarts for Kids MINI PODCAST. Available in English and Spanish. ENGLISH: ow.ly/9KLA50NJCqO SPANISH: ow.ly/ah4q50NJCqP #MoneySmartsforKids #FinancialLiteracy #FinancialEducation #YACenter #YABank pic.twitter.com/w6i7DyrNkc
