Below you'll find a list of all posts that have been tagged as “bank”
Is your piggy bank almost full? It might be time to deposit your savings to a bank! There are lots of reasons why it is better to save your money at a bank instead of at home. This month, Young Americans Bank brings you the most important! Safety Most banks have deposit insurance through the Federal Deposit Insurance Corporation (FDIC), …
Are you looking for a way to give back this holiday season? This month, Young Americans Bank has some ideas for how YOU can be a philanthropist! That’s a big word that means sharing your time, talent, or treasure to make your community a better place. It’s not as hard as you might think! Time It takes just a moment …
Money management skills can be developed at an early age, and Young Americans Bank is here to help! As a young adult, you can master money management by closely following these financial rules: MoneyMoney spent must never exceed the income available. Save a part of all the money you receive. Put your money to work earning interest. Avoid borrowing because …
Being a bank that’s just for kids means we take Halloween very seriously around here. Halloween is seriously fun! Young Americans Bank invites you to participate in any or all of the exciting events we have planned: Spirit Week at Young Americans Bank From Thursday, October 24 through Thursday, October 31, Young Americans Bank staff will be wearing their favorite …
Saving your money with compound interest is just like planting seeds and watching them grow! Interest is free money the bank gives you for having your money in the bank. Compound interest is free money the bank gives you in addition to the money they already added quarterly (every 3 months). Regular Interest: Simple interest is based on the principal amount …
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 …
Summer is on its way and our piggy friends will soon be back! Oink! Oink! Come hang out with our Belmar Bank this summer for Pigs around Town. For the second year in a row, kids ages 0-21 can join this fun scavenger hunt to win money and other cool prizes. New accounts can earn up to $50, and existing …
What does Pay Yourself First Mean? Pay Yourself First means that any time you receive money, you should immediately set aside an amount to save. Once you deposit money into your savings account it is safer, and you’re less likely to spend it than if you keep it with you. When you save at a bank, your money earns interest–free …
Be your own boss, start your own business, create your own invention! You don’t have to be an adult to start your own business. Take a look at these kids who started their own businesses and entered our Spotlight on YouthBiz Stars competition in 2018: Liam Lennon, age 12, Owner of The Lucky Penny Emily Rudnick, age 15, Creator of …
Sometimes it’s hard for us to save money. There are things we want and need, and even though we keep our money in the bank, we sometimes find that our savings isn’t increasing as we’d like! This month, we bring you a helpful tip we call “70 20, 10.” Read on to learn how to save more money each month! …
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
