5 Ways to Teach Kids How to Save at Home
Posted On: February 26, 2021 by First Option Bank in: Financial Wellness, General, Tips & Tricks
It's America Saves week - and we're looking at a taboo topic: talking about money as a family.
Do you want to instill a positive mindset around saving in your kids? Start them young! The earlier you have a positive mindset around saving, the easier it is to save successfully as an adult.
Have older kids? Don't worry! It's never too late to start. Start with the small things they can do around the house that will contribute to saving as a family.
Building an Emergency Savings
Posted On: February 16, 2021 by First Option Bank in: Financial Wellness, General, Tips & Tricks
It’s important to make sure you’re prepared for unexpected situations that may arise in life. Learn more about how you can build a savings account dedicated to dealing with emergency circumstances, such as injuries, illnesses, or repairs for cars and appliances.
This sequence will cover:
What types of emergencies you might need to save for
How to develop a savings strategy
Resources to help you in your planning
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