This post is made possible through the generous support of Great-West Great-Teachers, a program of Great-West Financial. All parents know that younger children can be a challenge. They struggle for independence, yet need parental guidance and support constantly. Given all the other issues parents face with their young children, it can be easy to brush aside any chance to have …
At Young Americans, we focus a lot of saving. We talk about “paying yourself first” and we give suggestions for breaking out your paycheck into separate buckets. One thing that we don’t talk as much about is investing, but it’s something we get a lot of questions about. This month’s Concept of the Month is all about investing. I hope …
Each month, we take one financial concept and dive in deep. We offer resources, activities and worksheets to help reinforce that concept. In May, we’re talking about the difference between needs and wants. For most young children, parents take care of the basic necessities of life. Kids are fed, clothed, and have a place to live. When the basics are …
During Financial Literacy Month, we’re focusing on the important concept of budgeting. In an earlier blog post, we provided resources to get youth started on mapping out a personal budget. We offered this worksheet and encouraged every reader to fill out the “Actual” column for expense and income. Next comes creating the on-going budget. Important guidelines Check out this quick overview …
Every month, we focus on one area of personal finance. To celebrate Financial Literacy Month, we’re going all out by providing lots of support and resources around BUDGETING! This is the first of two blog posts this month that will discuss budgeting. Be sure to check back halfway through the month for more information and pointers that will help your …
It starts with candy… A trip to Young Americans Bank involves many things for a young customer: making a transaction, grabbing a piece of candy, learning a new money fact, getting a Passbook stamped, and probably taking a pull on the money weights. Talking to your kids about money while in the bank is easy. It gets a lot harder …