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Finance 101

Keep your children fit. Financially, that is.

Posted on April 01, 2016 by Jake Ward, CMSE – VP of Marketing

Like every parent, you worry about your children’s well-being. You make sure they eat healthy and dress warm in the cold. You take care of them when they’re sick. You want them to be healthy, so why limit that to their physical health?

With student debt, the lure of credit, and more ways to spend money than you can shake a stick at, educating children on good financial habits is a necessity.

However, you don’t have to go it alone. R.I.A. FCU is here to help you along the way. As part of National Credit Union Youth Month, all April we will be hosting games, setting goals, and giving away prizes to keep your children interested and educated about finances.

Visit our branches during the month of April and help us celebrate National Credit Union Youth Month™.

R.I.A. Federal Credit Union will show youth and teens how to get Credit Union Strong™ and pump up their savings at their credit union. Stop by our lobby for:

  • Educational materials for your child
  • Youth deposit cards with prizes earned along the way
  • Youth who save $100 during the month are entered for a chance to win a Kindle Fire
  • Open a new youth savings account for your child and their automatically entered to win $100

And remember, membership is open to all members of your family!

However, you don’t have to limit their education to just April. You can teach your children year round at home and spend some quality time with them. For example, you could

  • include your children during family budgeting,
  • open a savings account with them and set savings goals together,
  • play games like Monopoly or Life,
  • set up Save, Spend, Donate, and Invest jars,
  • let them set up a lemonade stand, or
  • volunteer and donate as a family.

These are just a few ideas. For more, you can either read our other blog posts (such as Instilling Early Money Principals), or you can visit one of our locations to talk to us in person. Whatever you choose, we have a multitude of resources to offer as well as ideas, encouragement, and advice.

We want all children to dream big, but spend lean; to pump up their savings and strengthen their community. That’s what it means to be credit union strong.