Make a Money Pie! The key to financial well-being is to spend less than you earn. Sometimes that can be more difficult than it sounds, so you should always make a budget and stick to it! A budget is a plan for using income productively. There are many things that you can use your money for, but for this exercise, …
On Wednesday, February 24th, 100 students from three Denver and Aurora Public Schools were treated to a live webinar with NBA basketball legend, Ervin Johnson, and the President and CEO of Young Americans Bank, Rich Martinez, Jr. The event was part of the Nuggets Math Hoops program and was hosted by Coach Calvin of Learn Fresh Education. Fielding students on-point questions, Johnson and Martinez got right …
What kinds of things are coming up for which you will need money? Holiday gifts? School clothes? Vacation? College? You can probably think of quite a few. How are you going to get that money? You need a plan! Try using a spending plan to help you figure out how much money you have coming in and how much money …
The key to financial well-being is to spend less than you earn. Sometimes that can be more difficult than it sounds, so you should always make a budget and stick to it! A budget is a plan for using income productively. There are many things that you can use your money for, but we divide it into four different categories: …
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 …
Is your piggy bank almost full? It might be time to deposit your savings to a bank! There are lots of reasons why it is better to save your money at a bank instead of at home. This month, Young Americans Bank brings you the most important! Safety Most banks have deposit insurance through the Federal Deposit Insurance Corporation (FDIC), …
Money management skills can be developed at an early age, and Young Americans Bank is here to help! As a young adult, you can master money management by closely following these financial rules: MoneyMoney spent must never exceed the income available. Save a part of all the money you receive. Put your money to work earning interest. Avoid borrowing because …
Saving your money with compound interest is just like planting seeds and watching them grow! Interest is free money the bank gives you for having your money in the bank. Compound interest is free money the bank gives you in addition to the money they already added quarterly (every 3 months). Regular Interest: Simple interest is based on the principal amount …
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 …