McCoy Federal Credit Union’s Post

𝙄 𝙘𝙝𝙖𝙧𝙜𝙚 𝙢𝙮 𝙮𝙤𝙪𝙣𝙜 𝙠𝙞𝙙𝙨 𝙧𝙚𝙣𝙩 𝙖𝙣𝙙 𝙪𝙩𝙞𝙡𝙞𝙩𝙞𝙚𝙨 🔹 In this insightful video, a mother shares her story of charging her young children rent and bills to instill positive money habits early on. 🔹 Reflecting on how she and her husband struggled with financial management in their 20s, she started this practice when her kids were just 6, 7, and 9 years old. 🔹 As they grew older, the financial responsibilities increased, teaching them crucial skills like goal setting, saving, investing, earning, and giving. 🔹 This family holds a budget meeting every week, turning financial education into a regular, engaging activity. 🔹 After experiencing financial hardship herself two years ago, including paying for gas with coins, she understands the importance of self-control and finds joy in teaching it to her children. 🔹 This approach aligns with the goals of our SMART Money Camp for Kids and Teens, where we aim to financially empower the youth alongside their parents and guardians. 🗓️ Register your child for our camp by July 12th, 2024: Registration Link is in the comments 🎥 Credit: @samanthabirdshiloh #FinancialEducation #KidsFinance #SMARTMoneyCamp #YouthEmpowerment #Budgeting #Saving #Investing

The new year is a good time to reflect on money and finances Are you setting a good example and teaching your children good money skills? It is never to late or to early to start your road to financial independence. Children can learn basic skills as young as 3 and adults can always improve their skills. “The Road to Financial Independence” is a multi-book story-based series written in response to widespread insolvency and financial illiteracy among young and older adults alike. By providing focused example-filled education to specific audiences, we provide information that is timely and on-topic. Parents are largely responsible for educating their children in financial matters, although many parents did not get educated while growing up and therefore struggle to teach these skills to their children - and may be coping with money management and financial independence problems of their own. Raising Financially Independent Children shares ways to teach that are fun so that your child can grow up confident and competent in handling their finances when they begin to live on their own. Financially Independent Teens examines the choices and decisions that must be made during middle and high school from a financial perspective. Financial Independence Essentials provides basic financial information for everyone but is especially helpful to people just starting out on their own. Financial Essentials for Couples provides solutions to many of the money problems couples grabble with    Check out our books and other posts  on financial independence at https://lnkd.in/gx6HDF5Y or our books on Amazon   Raising Financially   Children Financially Independent Teen  Financial Essentials for Couples  Financial Essentials for Women by Women Budgeting for Women by Women  Financial Essentials #Budgetingforretirement # simplepathwealth #personalfinance #Investingbasics #Thepowerofcompounding #financialindependence #Settingfinancialgoals #Emergencyfund  #financebook #Savings #Savingforetirement #Retiremen planning #Employermatches #FinancialFreedom #yourmoneylife #simplepathwealth # financialindependence #retireearl y #frugalliving #moneysmart #makingspending choices #destressmoney #enjoyyourmoney#budgetingmadeeasy #moneystress #overspending #toomuchdebt

Raising financially responsible kiddos is a shared goal. 💪 From piggy banks to real-life lessons, teaching money skills early is 🔑. Let's dive into why it matters: 💼📚 🌱 Early Start, Bright Future: Instilling money smarts from the start sets them up for life. 📊 Money Management Matters: Learning to save, spend, and share cultivates wise choices. 🎯 Milestones that Count: Setting achievable money goals builds confidence and skills. 💲 The Power of a Dollar: Understanding its value fuels smarter decisions. Let's equip our future leaders with the tools to thrive! 🚀 Share your tips and tricks below. 👇 Together, we've got this! 💪❤️ https://bit.ly/3YL4o94 #ParentingPros #MoneyMatters #FamilyFinanceSuccess #letstalkestateplanning

How often do you talk to your kids about money? April is #FinancialLiteracyMonth and Lindsey Allard, MBA, AWMA examines practical ways we can help our kids become financially savvy, a skill they can take well into adulthood. #InvestmentAdvisor #KidsAndMoney 

Thanksgiving is a time to be thankful. Thank you and your family be learning to be more financially independent. Learn basic finance concepts for you and your children. “The Road to Financial Independence” is a multi-book series written in response to widespread insolvency and financial illiteracy among young and older adults alike. By providing focused education to specific audiences, we provide information that is timely and on-topic. Parents are largely responsible for educating their children in financial matters, although many parents did not get educated while growing up and therefore struggle to teach these skills to their children - and may be coping with money management and financial independence problems of their own. Raising Financially Independent Children shares ways to teach that are fun so that your child can grow up confident and competent in handling their finances when they begin to live on their own. Financially Independent Teens examines the choices and decisions that must be made during middle and high school from a financial perspective. Financial Independence Essentials provides basic financial information for everyone but is especially helpful to people just starting out on their own.   Check out our books and other posts  on financial independence at https://lnkd.in/gx6HDF5Y or our books on Amazon   Raising Financially   Children Financially Independent Teen  Financial Essentials for Couples  Financial Essentials for Women by Women Budgeting for Women by Women  Financial Essentials #Budgetingforretirement # simplepathwealth #personalfinance #Investingbasics #Thepowerofcompounding #financialindependence #Settingfinancialgoals #Emergencyfund  #financebook #Savings #Savingforetirement #Retiremen planning #Employermatches #FinancialFreedom #yourmoneylife #simplepathwealth # financialindependence #retireearl y #frugalliving #moneysmart #makingspending choices #destressmoney #enjoyyourmoney#budgetingmadeeasy #moneystress #overspending #toomuchdebt  

Teaching children about money management is essential for their future financial success. #FinancialLiteracy #SmartParenting #KidsAndMoney #MoneyManagement #FinancialEducation https://lnkd.in/eW4eD2Mv

Thanksgiving is a time to be thankful. Thank you and your family be learning to be mire finaially independent. Learn basic finance concepts for you and your children. “The Road to Financial Independence” is a multi-book series written in response to widespread insolvency and financial illiteracy among the young and older adults alike. By providing focused education to specific audiences, we provide information that is timely and on-topic. Parents are largely responsible for educating their children in financial matters, although many parents did not get educated while growing up and therefore struggle to teach these skills to their children - and may be coping with money management and financial independence problems of their own. Raising Financially Independent Children shares ways to teach that are fun so that your child can grow up confident and competent in handling their finances when they begin to live on their own. Financially Independent Teens examines the choices and decisions that must be made during middle and high school from a financial perspective. Financial Independence Essentials provides basic financial information for everyone but is especially helpful to people just starting out on their own.   Check out our books and other posts  on financial independence at https://lnkd.in/gx6HDF5Y or our books on Amazon   Raising Financially   Children Financially Independent Teen  Financial Essentials for Couples  Financial Essentials for Women by Women Budgeting for Women by Women  Financial Essentials #Budgetingforretirement # simplepathwealth #personalfinance #Investingbasics #Thepowerofcompounding #financialindependence #Settingfinancialgoals #Emergencyfund  #financebook #Savings #Savingforetirement #Retiremen planning #Employermatches #FinancialFreedom #yourmoneylife #simplepathwealth # financialindependence #retireearl y #frugalliving #moneysmart #makingspending choices #destressmoney #enjoyyourmoney#budgetingmadeeasy #moneystress #overspending #toomuchdebt

Start today. Make today a #family saving, investing and deposit day! Getting in the habit of saving money is a winning recipe and proven pattern that reliably fosters achievement and predictably produces success. Therefore, saving money is an essential and right money habit to teach and instill in children. #banks #creditunion #finanacialeducation https://lnkd.in/gNCGVkQp

Managing Director and Senior Portfolio Manager Anthony Kure, CFP offers some key strategies for raising financially savvy kids. Noting the importance of empowering kids from an early age in an effort to build a healthy relationship with money as adults. Tony suggests introducing the concepts of long and short term savings goals with adolescent children, explaining this early introduction can go a long way in building financial responsibility as they grow into adulthood. View the full GOBankingRates article here: https://lnkd.in/e7vc33fA #GOBankingRates #FinanciallySavvyKids #FinancialLiteracy #JICCleveland #WealthManagement #JohnsonInvestmentCounsel Disclaimer: Johnson Investment Counsel cannot promise future results. Any expectations presented here should not be taken as any guarantee or other assurance as to future results. Our opinions are a reflection of our best judgment at the time this material was created, and we disclaim any obligation to update or alter forward-looking statements as a result of new information, future events or otherwise. 

While most parents try their best to help their teens and twenty-somethings achieve financial independence and understanding, many of us forget that we can teach our children financial literacy while they’re still very young. #FinancialLiteracyMonth This article covers 7 tips on raising financially literate children. Give it a read: Should you have any questions or have any interest in a complimentary review, reach out, let's chat! 📲 +1 (289) 251-4843 📩 bhickey@serenialife.ca https://lnkd.in/eUynHiR6