Learning to save for what you want in life is a crucial life skill, but it’s one too few young people are learning.
The theme for this year’s Youth Month is “The Science of Saving,” Using fun, sci-fi-inspired characters, it encourages youngsters to imagine a future where piggy banks fly and giant automatic-saving robots visit credit unions.
The science in the theme is not science fiction – research shows that when you picture yourself in the future achieving a goal, like buying a car or going to college, saving for it becomes easier.
Start small. Help them save for a toy they want. Then sign them up for a youth savings account where they save for far-off goals.
As your credit union, we want to help you teach your children to learn good financial habits. Together we can help them blast-off toward a bright and wondrous future.
Telco will be participating in the National Youth Savings Challenge to encourage good saving habits, giving folks 18 and younger a chance to win a $25 gift card.
During the month of April all youth can enter to win by doing one of the following:
Open a savings account with a minimum of $20
Deposit a minimum of $20 in an existing Telco savings account
Complete a drawing entry card in one of our branches
There's going to be a winner at each branch, so that means we'll have 8 winners! Stop by your local branch in April to get them started saving... and enter to win $25.