Youth Services

Good Financial Habits for Kids

It’s never too soon to teach your youngsters good money management skills. Statistics show that children today have more disposable income than ever before... and they’re spending at a rapid rate. Of course, spending is easy, but learning to save is crucial for their success later in life.

Summer jobs provide an excellent learning opportunity. If you haven’t already opened a savings account for your child, do it now. All it takes is a $5 membership deposit to open a savings account at Firelands Federal Credit Union. Here are some guidelines that will show your children how to make their money grow.

Guidelines to Last a Lifetime

Regularity is the key. A child who gets “hooked” on building wealth through saving is less likely to get “hooked” into debilitating credit card debt later on. Good habits are one of the best things we give our children - because they last a lifetime.

Check out the links below for some fun ways to learn more!

(Firelands Federal Credit Union does not collect, retain or have any interest in any other linked site that collects or retains information from children under the age of 13.)

 

Kids Youth Savings Club

Kids, have fun and
learn how to save money

Teen Youth Savings Club

Teens, what's your
financial goal

Young Adults Savings Club

Young adults, it's your
life...are you ready

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