Kids Finances Archives - First Southern National Bank

SMART LIVING: Teaching Children About Money

Allison Cross2022-11-23T15:59:52+00:00November 23rd, 2022|

Whether you’re teaching finances to your kids, your grandkids, or those of a loved one, it’s absolutely essential to teach children how to manage the money they have and invest for the future. Spending An understanding of spending, including the ability to budget for and track it, is perhaps the most essential

Three Jar Allowance For Kids

Allison Cross2021-08-24T15:32:06+00:00August 23rd, 2021|

The sooner you teach your children the basics about budgeting, the better, and the three jar money system is a great way to get started. Kids and Money To learn how to manage money in the three jar system, kids need some money to manage. How they get that money can vary.

Teach Financial Literacy at Home

Allison Cross2021-08-23T20:43:17+00:00August 23rd, 2021|

It's crucial for your family to know the basics of financial literacy, but how do you approach teaching them? Luckily, you're making financial decisions every day — so let your kids in on the conversation. WHAT IS FINANCIAL LITERACY? Financial literacy includes many different financial skills and concepts; to be financially literate

Teach your kids to be life-long savers

Allison Cross2021-05-11T15:27:02+00:00April 21st, 2021|

The idea of saving isn’t always as tangible as putting money in a piggy bank or opening up a youth savings account, especially for kids. In celebration of Earth Day, here are 5 lessons for your kids that pair saving and conservation. 1. Turn off the water. Teach them to turn off

Are You Cyber Safe? (For Teens)

Allison Cross2021-05-11T15:27:25+00:00September 14th, 2020|

Coach: Are You Cyber Safe? HOW IT WORKS This is designed for teens aged 13-18, but anyone can play! Navigate through fun dilemmas and wacky scenarios to try and spot red flags and avoid negative consequences. Some things online are obviously unsafe and some decisions are clearly unwise, but others? Well...they can be tricky. Test your

Savings Calculator

fsnb2021-05-11T15:26:05+00:00March 12th, 2020|

Savings Calculator HOW IT WORKS With a savings account, your money will grow over time. That growth will change based on how much you save each month, the interest rate on the account, and how long you save. This calculator is designed to illustrate how your savings will grow. Enter how much you will contribute to

Teaching Children About Money

Allison Cross2021-05-11T15:27:06+00:00March 9th, 2020|

If you have children or grandchildren, or if you have a special relationship with your niece or nephew or the child of a dear friend, you can enrich their lives in many ways. One of the most important things you can teach is how to manage their money and invest for the future. The

Savings Accounts

Allison Cross2021-05-11T15:27:58+00:00March 9th, 2020|

If you're building an emergency fund, saving for a big purchase, or getting money together to invest, using an insured savings account can put you on the right road. GETTING INTERESTED With a savings account, you make money on the money in your account by earning interest, or a percentage of your