Credit is important in today’s world. We use credit cards to pay for purchases, and we must have credit to be able to take out a loan from a bank or financial services institution. This month, Young Americans Bank helps you learn all about credit! What is Credit? Credit is the borrowing of funds with the intent of paying them …
It’s important to start conversations about money with children early on in life. Teaching kids the basics — like needs vs. wants and budgeting — can be fun and is an invaluable step in laying a strong financial foundation for future decision making. My financial journey started when I was very young and is a trend I continued with my …
One thing that’s been on our minds this week is how we can help support parents and educators tasked with providing engaging and fun learning experiences that parents can execute at home. Here’s some of our favorite money activities. Think of this list as a sort of curated resource area where we’ve done the searching and provided the best financial …
The Early Investor Catches the Worm You may have heard the saying that “time equals money” or “money equals time.” But, do you know what that means? In the world of investing, the earlier you start investing, the more money you’re likely to have at the end. In short, the longer you invest, the more money you’re likely to earn. …
Learning how to save is important! As a kiddo you might not have many expenses, but if you can develop good savings habits now, you’ll be so thankful when it comes time to buy your first car or your first house. This month, Young Americans Bank brings you our tips for setting savings goals that you can actually reach! Setting …
As with any good habit, starting early in life and keeping up with said habit can help one become more successful. As it is the start of a new year and a time for new beginnings, why not have your students start out the new-year right with learning about a new, healthy habit? Learning about savings and starting good savings …