Phoenix Suns’ Post

Did you know that piggy banks are out and checking accounts are in? See why in our latest article in partnership with Houston Moms. These moms understand the importance of teaching kids financial literacy skills. 🎉 Learn how to get started! https://hubs.la/Q02v39pk0

I don’t believe in the bullshit money managers are selling. They make money from telling you to save every dime. I think you’ve got to enjoy your life. Have fun and spend some of your money, but you should start saving as quickly as possible. Because what they don’t teach you about in school, which they really should, is compound interest. Let’s say when you’re 18, you put $150 away every 3 months into a high-yield account. Then maybe you up it to $250, then $350 as you start to make more money. In your mid-30s, you could be a millionaire. Crazy right? We’re taught math in high school, but not how it relates to real life. Schools should be teaching our kids about interest rates, APRs, compound interest, and the stock market. They don’t teach anything about how to handle money, even in college, we’re just expected to know. And people don’t. Financial education is so important. It sets the right habits and gives you the right information to make decisions about your money. Because at the end of the day, we need to be smart with our money. Kids should leave school knowing how to set a budget so it gives them fun money that they can spend on whatever gets them going, but leaves enough so they can pay the bills and can start saving. That’s what we should be teaching our kids, not Moby Dick. When was the last time you sat in a board meeting and discussed Moby Dick? Let’s teach our kids what they need to know about money so they succeed, not so they can start a book club.

Title: It was my fault the whole time 💸 I usually close the bathroom door, but for the sake of this post, I'm leaving it open. Please don't judge me. Can we have a quick chat about money? (Asking for permission is necessary) I was thinking about my current relationship with money vs 10 years ago. Last night I was looking for parking options at the Raleigh airport. It was priced from $30 a day to $3.80 based on location. By doing this I saved 10 dollars per day! I parked in the economy lot and rode the shuttle to my terminal. I tipped the driver $3 (I believe in tipping) I got my $4 coffee ☕️ for free immediately after. It's funny how giving to others pays off even when that's not why we do it! Is $10 a day in parking 🅿️ going to change my life? Yes, it will. Little choices like that with money compounded over time start to add up. When you start to look at decisions through the lens of money value things will change. The way I buy gas ⛽️ has changed. The way I buy groceries has changed! This change helps with money stress which is at the top of the list for most people in our current economy! I thought I could outearn my habits. Boy was I wrong! This goes back to the need for financial literacy teaching at a young age! Money is a topic that most avoid for so many reasons! As I've mentioned in a prior post my top goal is financial freedom which cultivates life freedom. This happens with those micro choices. Can I ask for a favor? Based on the picture I'm not flushing my money 💴 away anymore so I may need some toilet paper! My flight ✈️ has landed in Chicago. Yes, I got that at a discount too.... Have a great money day. >Cornelius

This is an article about how a credit union is targeting financial literacy by opening a "branch" at a local high school. What a great idea! https://lnkd.in/dYkHDUTt

Grown and Flown, an online publication reaching many thousands of parents of college students and young adults, has published my article "Five Financial Values I Want My Teens to Learn Before They Leave Home." https://lnkd.in/degXvy_W Want your young adult to learn about money? In-depth, live online class starting on May 29! Link to more information in the comments.

As a society we don't place enough emphasis on the importance of money management! It isn't innately learned, it needs to be taught; weather in schools, at home or by a trusted financial institution like Canopy Credit Union! Jennifer Wagner outlines the need and importance in this article! If you, or someone you know, would like FREE guidance on how to better manage finances, please reach out to us at Canopy Credit Union!

🌟 Excited to share our latest guide on mastering credit for teens! Understanding credit early is crucial for financial independence. Dive into the essentials and empower yourself with financial knowledge. Join the conversation at Teen Finance Journey! #PersonalFinance #FinancialLiteracy #TeenFinance https://lnkd.in/gyKb7CxW

Important read on teaching kids financial responsibility! 'Do Your Kids Know The Value of a Silver Spoon?' Initiate discussions early to impart essential money management skills. Whether it's navigating the grocery store budget or instilling the concept of earning through chores, everyday situations offer valuable teaching moments. Let's guide our kids towards financial competence! #FinancialEducation #ParentingInsights #MoneyMatters https://lnkd.in/eEMf8RrU

Important read on teaching kids financial responsibility! 'Do Your Kids Know The Value of a Silver Spoon?' Initiate discussions early to impart essential money management skills. Whether it's navigating the grocery store budget or instilling the concept of earning through chores, everyday situations offer valuable teaching moments. Let's guide our kids towards financial competence! #FinancialEducation #ParentingInsights #MoneyMatters https://lnkd.in/eFGjd7dS

With the kids at home for the summer, this is a great opportunity to take a minute to serve up some financial teaching moments! Lemonade anyone? Teaching your children the value of interest can help them develop financial confidence as adults. Here are 6 activities for parents to try with their kids! https://lnkd.in/e_pHJDuF #kidsfinance #financialeducation