Every month Young Americans Bank dives into a financial concept to help our customers understand more about money. During August, we’re looking at philanthropy. What does it mean to give? How do you plan your giving? Get started here with these activities, and then come visit us in Young Americans Bank for more help, feedback, and tips. Time, Talent, Treasure …
Each month in Young Americans Bank we focus on one financial concept and talk with all of our customers about it. This month we’re discussing credit: what it is, how you build it, and how you use it. What is credit? So what exactly is credit? Credit is defined as confidence in a borrower’s ability and intention to repay. The …
Each month we focus on one topic in Young Americans Bank called the Concept of the Month. This month we’re having a bit of fun and talking about becoming a millionaire! So what’s the secret? The trick to being a millionaire is to start earning and saving money NOW! Save your money, get a summer job, invent something the world can’t …
Each month we focus in on one financial topic to help our customers learn more about their personal finances. During the month of July, we’re discussing investing. We’re talking about different types of investing, and how risky each can be. It’s important to do lots of research before deciding what investing works best for you. However, this is a great …
What does “pay yourself first” mean? 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 money the bank gives you. The longer your money stays in the bank, the more interest you earn. When you Pay …
For January, our Concept of the Month is “Follow the Money Brick Road.” We’re talking about money savings tips, and this is a great place to get started. Make a plan! Decide what you are saving for. Write your goals down. Are they goals you will reach soon, after a little while, or way off in the future? Decide how …
Each month we pick on concept to focus on in Young Americans Bank. During December, we realized that, with people spending lots of money on gifts for each other, it’s easy to forget to spend money yourself! That’s why we’re promoting” Pay Yourself First,” the best way to think about saving for the future. What does “Pay Yourself First” mean? …
With the holiday season creeping up on us, it’s time to start your gift shopping. But wait! Do you know much you’ll spend for each person in your family? Do you even know how many gifts you’ll need to buy? We’ll get you on the right track with our November Concept of the Month, Savvy Shopper. Here are a few …
Each month in Young Americans Bank we focus on one financial concept and talk with all of our customers about it. This month we’re discussing credit: what it is, how you build it, and how you use it. What is credit? So what exactly is credit? Credit is defined as confidence in a borrower’s ability and intention to repay. The …