AFFCU Celebrates Youth Month!
April is Youth Month and research has shown that most children will develop money management skills from their parents or caregivers. Together, we can show our children how to build successful financial skills, habits and attitude towards saving.
Parents, below are a few ways you can get involved and teach your kids and teens about money:
- Have your child write down a savings goal. Writing it down and keeping track of their savings helps them to see how far they have come to achieving their goal.
- Talk to your kids and teach them about how money works. This is a great way for them to learn before they create or pick up bad habits elsewhere.
- Teach your teens about credit. If you’re paying with a credit card, take the time to explain to them how a credit card works. Go over your receipt and show them how to verify the charge, leave a tip if needed and protect themselves against fraud.
It’s important for our children to see the benefits of setting money aside. The best way to get started is to open a savings account for them! At AFFCU, we have an account for everyone no matter the age!
For kids 12 years and younger, our Coindexter Kid’s Club account is the one for them. Your child will receive a free membership to Coindexter Club, which includes Econopolis — a unique virtual world that allows them to explore and learn valuable money lessons. Plus, have them make a minimum deposit of $101 into their AFFCU account through the month of April and they will earn a FREE piggy bank!
For teens ages 13-17, teach them about money basics and managing a checking account by opening them a JetSpace Teen account. Deposit a minimum of $102 into their AFFCU account through the month of April and they will be entered into a drawing to win $500!
Parents, don’t miss out on this limited-time offer. Call us today at 210.673.5610 or toll-free at 800.227.5328 for additional questions.
1Can be a single deposit of $10, or several deposits throughout the month of April for a total of $10. Piggy bank will be mailed during the month of May. Offer ends April 30, 2019.
2Can be a single deposit of $10, or several deposits throughout the month of April for a total of $10. Drawing for JetSpace winner will be held during the month of May. Only 1 entry per account. Offer ends April 30, 2019.