April is National Credit Union Youth Month, so we wanted to take a moment to highlight the importance of spending the time and energy to make sure your kids have some basic knowledge about money.
Did you know:
With such a staggering lack of knowledge of basic finance, it’s easy for kids to grow up and fall victim to scams, high-interest-rate loans from predatory lenders, and a debt load that becomes enormous.
So at what age is it right to start teaching your kids good financial habits? The short answer is right now. By age 3, your kids can grasp basic money concepts. By age 7, many of their money habits are already set. No matter their age, let’s take this opportunity during National Credit Union Youth Month to start.
Ready to get started? Learn more about our new Cha-Ching Kids Club account and help your kids start saving today!