Like any skill, the younger you start, the more practice you’ll get, and the easier it will be to master. Teaching a child or teenager how to save regularly will give them the first step to achieving their dreams and lasting financial well-being.
If you’ve been wondering how to encourage your child to save for the future, National Credit Union Youth Month is a great opportunity to start teaching them good financial skills. Every April, credit unions across the country focus on educating youth about financial health. This year’s theme, “Save Small. Dream Big. At your credit union,” let kids know that starting a saving habit, no matter how small, can help them achieve their dreams.
Are you wanting to buy a new bike? Try a new sport? Buy a car when you turn 16? Buy a new video game? Whatever your dreams, everyone starts at the beginning. So, start small and see your savings grow over the years!
Steps for realizing your dreams:
Set a goal. You might even print out a picture of what you’re saving for and put it on the fridge.
Open a Signet Savings Account
Take a portion of what you get from birthdays, Christmas, allowance, etc. and add it to your Signet Savings Account.
Watch your money grow!
Please join us to celebrate Youth Month this April and see how we can help your child Dream Big. Here’s how we’re celebrating this month:
- New youth savings accounts created will receive a little gift. Stop by one of our locations to open their account. All they need is $5 to get them started!
- A Coloring Contest is happening at Signet! Once they’re finished coloring the page, they can drop it off at any Signet location, with their first name, age, parent’s phone number and parent’s email address on the back.
- Look for our Virtual Easter Egg hunt the week of Easter! Parent and child can search for the egg on the site while learning more about how to save and use money for their dreams.