How many times have you wished you started saving earlier?
Dreaming big doesn’t mean you need to start with big actions. The first small step is usually the hardest, but once it’s taken, you can use momentum to propel you forward. This year’s theme for National Credit Union Youth Month is “Save Small. Dream Big. at your credit union.” It uses the image of a magical rainbow with a wish-fulfilling gold star at the end. We want to tell young members that their dreams are attainable, no matter how big they are.
ProMedica FCU has tools to help fulfill these dreams. With a youth saving account that earns compound interest, young members can deposit small amounts on a regular basis and watch their savings grow “like magic.” The earlier they start a savings account, the more it will grow, and the easier it will be to reach their goals.
With a first checking account – available at age 16 – they may also gain access to a debit card for making purchases and begin learning how to budget and manage their spending. Learning good financial habits at a young age will set them up for the future.
If you have been wondering how to empower your kids to save for their future, National Credit Union Youth Month is a great opportunity to start! Join us this April as credit unions across the country encourage youth to start saving regularly.
Contact the credit union to ask about opening Youth Savings accounts today.