The following post is written by the father of two account holders at Young Americans Bank. The family recently undertook an interesting financial exercise that could be great for other families to try! A unique budgeting exercise This Spring we tried a new tactic at home to engage our children with family budgeting. At our house we have two kids …
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 …
This post is made possible through the generous support of Great-West Great-Teachers, a program of Great-West Financial. A budget is one of the most important tools individuals and families can have to guide their money use and financial conversations. So often, parents are caught up in the daily grind of work, whipping up meals, taking kids to activities, and ensuring …
This post is made possible through the generous support of Great-West Great-Teachers, a program of Great-West Financial. With teens constantly tapping away on their smart phones and little ones begging for access to parents’ iPads, the question arises: what are some engaging, appropriate, and educational apps for my kids? Watch this short video below as I suggest two of my …
It’s that time of year again. Every spring, thousands of youngsters break out the water pitcher and sugar jar, drag out the card table, design a sign, and start selling lemonade. It’s time for Lemonade Day Denver! A great partnership Young Americans is once again partnering with Lemonade Day Denver to encourage young people to start businesses early. Lemonade Day …
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 …
The snow has melted. Flowers are popping up. We’re (hopefully) put away our winter coats for good. And school is coming to an end for the year! To celebrate the end of the school year and kick off summer in a fun fashion, we’re hosting “Friday Fest,” a free party at our branch for the whole family. You’re invited… …to …
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 …
On Monday, members of the Youth Advisory Board took a trip to the Federal Reserve and the Denver Mint. This trip is a yearly tradition with the Youth Board, and an exciting one for all who attend. The Fed The morning started off with the group carpooling to the Federal Reserve. After watching a short video on the Federal Reserve …
The nation dedicates the month of April to promoting financial literacy. Financial institutions across the country are offering short quizzes, providing resources, and drawing attention to the need for widespread money lessons in schools. Some parents may be asking, “With all the concepts that teachers have to focus on – math, geography, history and more – why should personal financial …
