Is there a good way to teach my children how to handle their finances?
The answer may surprise you. Experts say that handling money is not something you can simply teach to children; it’s something they must do!
STCU can help your children do great things with their money when you get the My Life, My Money Money Jar! Together with your children, the Money Jar will help you to learn important lessons about saving, spending, and giving money.
Money Jars are free at STCU while supplies last. The jars (actually they’re made of safe, kid-tough cardboard) are available at every branch location.
Designed for children ages 5-9, the colorful Money Jar can teach adults a thing or two about finances, too. Each jar comes with an instructional guidebook for you to work through with your children.
The Money Jar helps children set savings goals and track where the money goes. Whether they’re handling pennies or $20 bills, it’s a valuable, real-life experience that will set them on the right course for handling money the rest of their life.
Most importantly, it’s fun!
Two ways to get a Money Jar:
Can the Money Jar be used in my classroom?
Yes, the Money Jar was created to be used at home or in the classroom. Here are two ways to use Money Jars as an instructional tool:
Open a First5 Savings Account for your child or grandchild and earn a whopping 6.14% annual percentage yield on your first $500. View rates.
Fill your Money Jar and bring the savings to your First5 Savings Account. It's a great way to show kids how to create wealth from their savings. Learn more.
