Every month we discuss a different concept in Young Americans Bank about personal finance. This month, we’re talking about a Spending Plan. One of the most important personal money management rules is: Live within your income. To accomplish this, most of us need a plan for how we will spend our money. Here are 5 steps to create a Spending Plan: …
You don’t have to be old or have a college degree to be an inventor. Look at these kids! They did it and you can do it too! Mattie Knight- Mill Safety Device, age 12 – She developed a device to shut down a machinery mill when it malfunctioned. She was also the first woman to receive a U.S. Patent. …
Each month we focus in on one financial topic to help our customers learn more about their personal finances. During the month of June, 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 …
Debit and credit cards are all over the place, but do you know how to use them? This month at Young Americans, we’re talking “Credit and Debit Smarts,” which includes the cards. Here’s some basic information that’s helpful for our customers ages 12 to 16 who might be interested in applying for one of these cards. Debit Cards Debit cards …
Each month we focus on a specific financial topic to make sure our customers continue to learn about personal finance. This month, we’re talking about investing – especially around the stock market. What is the stock market? The stock market is place – usually virtual these days – where people can buy and sell shares in a variety of companies …
Each month we focus on one financial concept to help you take the lessons you learn while at Young Americans to your home. This month we’re talking about “Balancing with the Bank.” It is very important to keep track of your own transactions in your checkbook register, and then double check your register with the statement the bank sends you every …
As all parents know, every child learns at a different pace. However, there are suggested ages for when children should learn to walk, talk, count, and spell Personal finance is no different. There are lots of concepts to grasp, and it can be difficult to know when a child is ready to tackle one. It’s important to remember that young …
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 …
Spending money is as easy as knowing 1, 2, and 3. However, it’s not as easy to bounce back from debt when you’ve spent TOO much money. Each month we focus on one financial topic that will increase the knowledge of finance for customers. The October Concept of the Month is all about a spending plan. A spending plan ensures …
This post is made possible through the generous support of Great-West Great-Teachers, a program of Great-West Financial. In my job, I encounter hundreds of parents all looking for the same thing – or close to it. Whether it’s healthy eating, a strong work ethic, a dedication to school, or just a great attitude, most parents just want what is best …
