Archive - April 2023 | San Luis Valley Federal Bank

Raising Financially Responsible Children

Posted On: April 13, 2023 by San Luis Valley Federal Bank in: Financial Education

Raising Financially Responsible Children

Did you know that setting up a savings account for your children can be the best way to get them started on healthy and successful money habits? On the surface, it teaches basic math skills, but more importantly, it encourages long-term thinking and planning, which helps children become more goal-oriented. Also, it helps children better understand the value of money. The best way to encourage saving is to help them set a realistic goal and make it fun!...

Tags: Budget, Financial Education, Financial Literacy, Saving