Columbia Bank New Jersey’s Post

A new money conversation & question with 4 follow-up questions! Let's get kids advancing their financial literacy knowledge, skills & habits. Enroll one child or class in Sammy Rabbit's Money School's Free Membership program today! #elementaryschools #parents #homeschools

💡 3 Quick Tips for Teaching Kids About Money 💡 Teaching kids how to manage money early on is a game-changer for their financial future. Here are 3 easy ways to get started: 1. Set Up a “Spending, Saving, and Giving” Jar: Help them split their allowance or gift money into three categories. It teaches them the importance of balancing priorities. 2. Involve Them in Small Purchases: Next time you’re at the store, let them help compare prices or use a budget for their favorite treats. 3. Introduce Them to Earning: Whether it’s doing chores or small neighborhood tasks, show them how to earn their own money! 👉 Want more tips like these? Get my Free Financial Checklist for families and stay ahead of the game. Join my email list today! #TeachKidsFinance #FinancialEducation #ParentingTips #MoneyManagement

How to make sure pocket money teaches your kids financial skills @RobynFMcCormack #financialindependence #money

How to make sure pocket money teaches your kids financial skills @RobynFMcCormack #financialindependence #money

🤔 Understanding the importance of saving from a young age can really set the tone for your future finances, so why not make the experience entertaining?! 💡 Pop into any of our branches this month to find out more about our 'My Squirrel Saver' account, perfect for getting your children started with saving and understanding the importance of it. To find the nearest branch to you click here:https://bit.ly/3xKbCfa

When should you start? How much should you give? How to make sure pocket money teaches your kids financial skills https://buff.ly/3HfogJH

3 Money Management Tips for your Kids Money management is a lesson most parents impart to their children, whether consciously or unconsciously. Money and finance conversations can happen spontaneously even on simple store or grocery trips. Here are 3 Money Management Tips for your Kids: 1. Give your children allowance they can spend freely. It doesn't need to be huge, even small amount will do. This way, your kids will learn the concept of spending on their own. Observe how they spend their money and guide them on how they can spend their money wiser. 2. Provide them with other sources of income. Once your children discover that their allowance is fixed, the thought of earning additional money will excite them. Encourage your children to take on extra chores from time to time by providing an incentive for their efforts. This will motivate them to better help out at home and also lend a hand to relatives and neighbors. 3. Teach your children how to save regularly. Encourage your children to save money. Even though they receive an allowance, urge them not to spend all of their money. Parents need to guide their children and help them manage their finances in order for them to become responsible adults. The younger you start teaching them how to save and spend, the better the outcome will be. Just make sure you set your own example for your children to follow. #financialliteracyforkids #financialliteracy #franchiseopportunities

Empower the next generation with financial wisdom! Here are 3 tips to help your children grow into savvy savers: 1. Start with a Piggy Bank: It's a classic for a reason! Encourage children to save coins and small bills. It teaches them the value of money and the satisfaction of watching their savings grow. 2. Set Savings Goals: Whether it's a new toy or a book, setting a tangible goal makes saving more meaningful. Help them chart their progress and celebrate when they reach their target! 3. Lead by Example: Kids learn by watching. Show them how you manage money, involve them in budgeting for groceries, or explain why you're saving for that family vacation. Remember, it's never too early to instill good money habits. Happy saving! #TeachChildrenToSave #FinancialLiteracy #GrandRapids

Discover tips to instill smart money habits in your kids from the start! In a world filled with social media misinformation surrounding finances, our blog offers a beacon of clarity for both parents and their children alike. Help your kids grow their knowledge of money management today so that they can thrive tomorrow. Read the full post here: https://bit.ly/3TcubG2

🌷🌼It's that time of year again!🌷🌼 Spring is in the air and it's the perfect opportunity to freshen up your finances. Here are 5 tips to kickstart your financial spring cleaning: 1. Spruce up your spending: Review your budget and make it as routine as tending a garden. Stick to tidy spending habits and watch your finances bloom! 2. Review your credit report: Check for errors or fraudulent accounts to clean things up. Annual credit reports are free and can spot problems before they make a mess of your financial plans! 3. Prune your subscriptions: Trim unnecessary expenses and let your budget breathe a little. A little pruning can help your budget bloom! 4. Mop up your account ownership: Verify account owners, beneficiaries, and authorized signers to ensure your paperwork matches your expectations. 5. Dust off your debt: Take a closer look at what your debt is costing you. Once you know your numbers, you can make empowered decisions on how to manage it. Have you started your financial spring cleaning yet? Share your tips below! #springcleaning #personalfinance #communitybanking