At Young Americans, we teach about all kind of financial topics: saving, needs vs. wants, entrepreneurship, what it takes to run a business, and more!  This month we are focusing on foreign currencies.  We want to introduce the importance of global money and why it’s different all around the world. Currency by Country Money is so important because nearly everyone …
Every month Young Americans Bank dives into a financial concept to help our customers understand more about money. Â During August, we’re looking at philanthropy. Â What does it mean to give? Â How do you plan your giving? Â 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. Â During the month of July, we’re discussing investing. Â We’re talking about different types of investing, and how risky each can be. Â It’s important to do lots of research before deciding what investing works best for you. Â 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 …
This month we’re discussing the concept of credit versus debit. Â At Young Americans Bank, you can apply for either card — or both — but it’s important to know the difference and how each can be used. Debit Debit cards are swiped like credit cards, but the money comes directly out of your checking account. Because this money comes directly …
Each month we focus on one financial topic at Young Americans Bank.  While we always encourage saving, March is the month that we’re really talking about savings goals. What’s the Plan? What kinds of things are coming up for which you will need money? School clothes? End-of-summer vacation?  College? How are you going to get that money? You need a …
This month we’re discussing credit at Young Americans Bank. Â Be sure to stop by to pick up worksheets and learn more about the importance of credit. What is credit? Credit is the borrowing of funds with the intent of paying them back. Typically there is a charge for borrowing these funds. The charge is usually in the form of fees …
For January, our Concept of the Month is “Follow the Money Brick Road.” Â 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 …
