The final school bell has rung and kids are out for the Summer. Many have graduated and are busy preparing for college or other post-high school activities.
Wouldn’t it be great to help them with financial planwhile they are still young and eager to learn about sound financial habits? You can help them today, even if they’re still in diapers. It’s never too soon to start saving for college and their future. Tuitions are rising, as is the cost of practically everything that goes along with it! Even saving a little each month will add up when they graduate.
Truliant Federal Credit Union has a great planning tool called TruFinancial Planning Center. Their helpful representatives can help you identify an investment strategy to fit your individual needs.
They can help you decide what would work best for your situation, whether it be a regular savings account, a club account, one of many different money market accounts, certificates of deposit or maybe even the rainy day fund account, just to name a few.
They’ll also tell you about Truliant’s Dollar Dog Certificate. This account allows you to open an account with a $100 opening deposit for your child and they (or you) can add to it over time. The account will grow at the 24 month certificate interest rate. Kids will enjoy getting in on the excitement and can be proud of their involvement as they add to “their” account over time and watch it grow into something substantial. It will also give them a chance to learn a little something about finances and the importance of saving and planning along the way.
Visit their website today to find out about the many exciting savings opportunities available. Happy Learning!