Money Topics

Save Well

When we save well, we are more likely to reach our financial goals like taking a vacation or buying a house.

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Four Tips to Saving Money

  1. Save. Pay yourself first whenever you get money.
  2. Spend less.
  3. Buy things in bulk at a cheaper cost.
  4. Only buy what you need, not what you want.

Advantages to Saving

  • You have money to buy something special.
  • You can reach a dream or a goal.
  • You have money for an emergency.

Developing a Savings Plan

  • Know what you owe.
  • Set a savings goal.
  • Include savings in your budget—or make sure you save some money every time it comes in.
  • Have a safe place to keep your money.
  • Make sure your plan is working.

Examples of a Savings Goal

  • Car
  • College
  • Vacation
  • Home

Money Topics for Parents:

12 Key Financial Topics to Cover With Your Children and Teens.

Talk Well:

When we talk at home about money in
honest and caring ways, we're better prepared to help children and teens make better money choices.
Borrow Well:

Sometimes you need money when you don't have it. Maybe your child or teen wants to borrow money to buy a gadget at an electronics store. Find out the pros and cons of borrowing.
Budget Well:

Your child or teen may want to attend an arena concert. Understanding budgets helps us and our kids make better decisions about money.
Dream Well:

We get closer to our dreams for the future—and so do our kids—when we set financial goals. Attending a university is a dream for many of our children.
Earn Well:

Getting paid for our work gives us a sense of accomplishment. Working in a place like a restaurant can do the same for our children and teens.
Give Well:

When we give thoughtfully, we help causes and charities that the entire family cares about.
Invest Well:

When we invest well, we can increase our wealth over time. Investment traders and
other people with knowledge can help with
this process.
Live Well:

Whether our kids are at home or in the park, we’re aware of what they need to succeed with their money and all aspects of their lives.
Protect Well:

By protecting our kids and ourselves–even while driving a car–we can create a financial safety net during tough times.
Save Well:

When we save well, we are more likely to reach our financial goals like taking a vacation or buying a house. Having a bank account can help with saving.
Spend Well:

When we make thoughtful choices while at the mall about how we spend money, we become better consumers.
Move Forward Well:

Before and after high school, the more our kids know about money, the better decisions we can all make to move forward.