April 5, 2017
April is a month dedicated to youth financial literacy and it serves as a great way to teach financial education to children. Here are some easy and creative ways to help introduce the idea of money to children!
How Much Money? When children have the ability to count, introduce them to the idea of money. Educating children on the different values of coins and paper money is a great way to introduce simple math.
Put it on the Card! Teach them how a credit card works the next time you use it. Explain how to get a credit card, how it builds credit, and the impact of credit card fraud.
When Life Gives You a Stand. Help your child open a small business! Lemonade stands are a classic example of how children can learn basic ups-and-downs of a business.
Young Adult Checking Account. Bring your kids to any GLCU location to open a checking or savings account. Opening an account at GLCU with your children is a great learning opportunity.
Teach While Shopping. Grocery shopping is a great way to teach children about comparison-shopping. Showing them the difference between shopping for value shopping and shopping for brand names.
For other ways to get involved in Youth Savings Month, GLCU is holding events throughout April, to learn more, click the link below: