SHOULD MY TEEN HAVE A CHECKING ACCOUNT? The short answer is YES! About the time they become interested in buying larger items, even as young as 11, 12 or 13, you should consider opening a checking account with your pre-teen or teen. If they do not already have a savings account, open a checking account, […]
Looking for a fun activity to help encourage your young children to save? Make clay money toppers with your kids for a fun and inexpensive activity. Sculpey Bake & Bend or Craftsmart Oven Bake Clay both work well because you can bake the clay in your regular oven at home. (There are other brands you […]
Reading is usually a part of an everyday routine with kids. But what about saving as an activity? Saving money is a habit. And developing that habit at an early age is crucial. Here’s a quick tip to develop this habit early on. Give each family member a clear jar and display them together. Each […]
While we are spending some unexpected time at home, it can be a time for the whole family to learn money saving skills and to have some extra time for family bonding. I’ve put these ideas together for approximately ages 8-18, but even some younger children are able to learn these skills. My grandmother started […]
Have you ever wondered how to teach your kids financial responsibility? How do we prepare our kids to save for the future and to budget, without scaring them with our own problems? Financial independence and living a debt free life is one of the key elements of happiness. Money cannot buy happiness, but by teaching […]
Q: Is there any way to get through the back-to-school season without spending a small fortune? A: Back-to-school time is the second largest shopping season of the year. If all that spending makes your head pound, take heart. American Southwest Credit Union has your back! We’ll help you navigate it with your budget and sanity […]