Kids need to train their money skills, too
We’re big fans of student athletes. Time spent on the field, the court, the track or the mat does more than ensure young people become strong and healthy. It also teaches them skills that will help them become successful adults, such as teamwork, perseverance, self-discipline, communication, and leadership.
Parents encourage young athletes to practice because they know it will improve their skills when they compete. Another important skill that every young person needs is money management skills. Kids learn most of what they know about money at home, and that can include both good and bad habits. By teaching your son or daughter about money and how to make the most of it, you’ll improve their chances of growing into financially secure adults. Continue reading
Many students are managing their own expenses for the first time. If that includes you, you’ve probably noticed that a lot of money management comes down to making decisions. After all, you can only spend money once, so you want to be sure that you make the right choices.
One of the most important money-management lessons you can learn is the difference between wants and needs. In fact, not understanding the difference is one of the biggest reasons people get into trouble with money. Continue reading
Nearly everyone wants to do a better job of managing their money. That’s because money has a funny habit of slipping away. One day, we seem to have plenty of it, and a week later, we’re scrambling to find spare change for the vending machine.
If you want to take control of your money, there’s a great tool that’s easy to use, and best of all, it’s free. What is it? Our Free Checking account! Continue reading