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Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government

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Champion Chatter

Champion Chatter
March 2009

A special section for Champion Credit Union’s young savers

The Magic of Saving

Hocus-pocus--my money grew! Well, maybe it's not that easy to save, but learning how from a young age, it can be. As you grow, you'll have one of the most difficult aspects of saving under your belt--being consistent. Take a minute to have some fun and color the genie and use the examples of ways you can learn about magic of saving at all different ages!

Click for big PDF file you can print and color Sort different types of money into piles by color and size.
Play grocery store or credit union and use a pretend cash register.
At the grocery store, help shop. Learn how to comparison shop--for example, see if you can find a similar brand for that $4.99 box of cereal, for half as much.
If you get an allowance, don't just let your parents decide how much. Sit down with them and discuss allowance amounts and what you should use your allowance for. Give them some input. Try to set aside part of your allowance for spending, part for saving, and part for sharing. Clarify what they will pay for and what you should be responsible for. For example, when you're at the movies, maybe they agree to pay for a small drink and popcorn, but the Milk Duds are on you.

Join us this year as we celebrate National Credit Union Youth Week from April 19-25. Our theme for 2009 is "The Magic of Saving." Get started right financially and see how many bunnies--we mean monies--you can pull out of your hat!

Copyright 2008 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved.

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