Teach Children to Save
Apr 22, 2021
Teaching children the value of money and the importance of saving are lessons that are learned over time. Maspeth Federal Savings is committed to supporting parents and educators in this endeavor. The American Bankers Association and the FDIC are trusted industry leaders that provide educational materials for students of all ages. Here are some links to help you succeed in educating the children in your life about money and putting them on the right financial path.
For Grade School Students
For High School Students
- How to Talk to Your Kids About Money
- Personal Finance Tips for Young Children
- Money Smart for Young People (FDIC)
You can access more helpful tips and information by visiting the American Bankers Association website.
YOUNG SAVERS CLUB
Many children are hands-on learners so what better way to teach them about money than by opening their own bank account? At Maspeth Federal Savings, we have a Young Savers Account designed specifically for children and teens under the age of 18. This account is a great place to deposit birthday money, allowances, or extra change. This is the perfect first step in helping your child prepare for their future & become financially responsible.
Features of the Young Savers Account include:
- Free opening gift
- No fees
- Access to free coin counting machine
- A passbook so kids can watch their savings grow!