Each month we focus on one topic in Young Americans Bank called the Concept of the Month. This month we’re having a bit of fun and talking about becoming a millionaire! So what’s the secret? The trick to being a millionaire is to start earning and saving money NOW! Save your money, get a summer job, invent something the world can’t …
What does “pay yourself first” mean? Once you deposit money into your savings account it is safer, and you’re less likely to spend it than if you keep it with you. When you save at a bank, your money earns interest—free money the bank gives you. The longer your money stays in the bank, the more interest you earn. When you Pay …
The Young Americans Bank scavenger hunt is back! Our #PigsAroundTown campaign was so wildly successful, we wanted to bring back the scavenger hunt and give our customers another opportunity to earn some money and think about banking. Starting on March 23rd and running through April 3rd, customers will be encouraged to head around to five different locations in Green Valley …
For January, our Concept of the Month is “Follow the Money Brick Road.” We’re talking about money savings tips, and this is a great place to get started. Make a plan! Decide what you are saving for. Write your goals down. Are they goals you will reach soon, after a little while, or way off in the future? Decide how …
Each year, millions of people make resolutions for the new year. People resolve, or commit, to change or add something in their lives. Many times resolutions focus on working out or healthy eating. Others are based around attitude or life plans. At Young Americans Bank, we want you to think about a resolution for saving for 2015. Let’s get started. …
Each month we pick on concept to focus on in Young Americans Bank. During December, we realized that, with people spending lots of money on gifts for each other, it’s easy to forget to spend money yourself! That’s why we’re promoting” Pay Yourself First,” the best way to think about saving for the future. What does “Pay Yourself First” mean? …
We recently connected with Sam Renick, a long-time fan of financial literacy for young people. He wrote these great words of advice to parents for talking to kids about finances, and generously agreed to let us share his tips here. The original post can be found here. Mastery requires repetition, so does the development of great money habits. A …
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: …
If you’ve been shopping lately, then you have probably seen the ubiquitous back-to-school ads: a subtle reminder that summer is winding down. Despite stores’ best efforts to help us save money, the costs of school supplies and clothing really add up and can take a toll on your family’s budget. Check out these tips for saving money during this expensive time …
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 …