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**FUN FRIDAY** Here are some quick ideas to start teaching your kids about money: • Help them start a simple job that earns money • When they receive money, have them save a % • Put that money into a high-yield savings account so they learn compound interest • Make charts and graphs to show money growing and being spent • Consider saving extra % to illustrate taxes, or to give away, or both • Talk about household finances with them • Watch educational videos about credit cards, credit scores, and debt in general • Give them a budget to do the grocery shopping for one week

Saving money while in college can be hard. If you or someone you know is wanting to grow their savings this school year, try out or share some of these tips!

Parents, here’s a great concept to teach your kids today: Compound Interest! 𝙒𝙝𝙖𝙩 𝙞𝙨 𝙞𝙩? Compound interest is when you earn interest on both the money you save (the principal) and the interest that money has already earned. It’s like earning money on top of money! The longer you save or invest, the more your money grows because of this "snowball effect." Teaching your children about compound interest is a fun and powerful way to show them how money can grow over time, encouraging the habit of saving early. Whether it's a savings account or investments, compound interest helps their money work for them! Start small, start now. It's never too early for kids to learn about this magical force in finance! 💰✨ #FinancialWordOfTheDay #CompoundInterest #growingthemoneytree #moneyforkids #financialadvice #financesforkids #teachkidsmoney #financialliteracyforkids #moneylessons #financialplanning #investingforbeginners #financetips #investingforkids

Sending a Child to College? 10 Money-Saving Tips and Tricks Note: To help keep costs under control during the school year, here are 10 things that parents of college students can think about trying. https://lnkd.in/eSuckYBH #personalfinance #moneymanagement #taxplanning #collegeplanning

One critical area often missing from school curriculums is financial education—how to budget, how much to save, understanding the growth of savings, and the pros and cons of credit and debt. It's important for us, as parents, to save for our children's future, but even more valuable is teaching them how to manage money. As the school year comes to a close, here’s a simple way you can excite your kids about finances for the summer. One of our employees gives his kids a marble for each completed chore, with each marble representing one dollar. His kids, aged 4, 6, and 8, can choose to save up for a big purchase or spend their "earnings" at the end of each week. They relate more to the marble and its size rather than dollars, which makes the concept of saving tangible and fun for them. However, he's starting to worry about what to do when their jars start overflowing! What are some other ways you could teach your little ones about money at home? We'd love to hear your ideas!

Sending a Child to College? 10 Money-Saving Tips and Tricks Note: To help keep costs under control during the school year, here are 10 things that parents of college students can think about trying. https://lnkd.in/eSuckYBH #personalfinance #moneymanagement #taxplanning #collegeplanning

Saving money for college can be a daunting goal, but it doesn't have to be as hard as it seems. Check out our latest blog for some tips and tricks to get you started. #redcrown https://lnkd.in/dzNNmax7

Marc Kuhn, a really great plan that will definitely work. A tried and true method and education backed and paid for by assets and passive income. A great start for them, they will have more choices. They may just continue the wealth generation you all have created. Love it when a plan comes together. #wealthgeneration #realestateinvesting #financialplanning #generationalwealth

As the new school year approaches, parents and students alike are gearing up for the back-to-school rush. From school supplies to new clothes, the expenses can quickly add up. But with a bit of planning and smart shopping, you can save money and still get everything you need. Here are some tips to help you stretch your budget this back-to-school season: https://lnkd.in/gFR7Ps2T

Are your children heading to university for the first time this September? 👨🎓 Now is the perfect time to teach them some financial lessons as they prepare to become financially independent. First up is… 𝗛𝗼𝘄 𝘁𝗼 𝗰𝗿𝗲𝗮𝘁𝗲 𝗮 𝗯𝘂𝗱𝗴𝗲𝘁 Budgeting is particularly important because of how student loans and grants are paid. Students will receive a lump sum at the start of each term, meaning the money needs to last several months before the next instalment arrives. Going through what they’ll need to pay for each week or month can help manage how their income is spent, especially as there may be some expenses they hadn’t previously considered. Taking out one-off costs and committed spending can help create a weekly disposable income that they can enjoy. There are more lessons to share, so keep an eye out 😊