Youth

ABA: 10 Money Mistakes Every College Freshman Should Avoid

WASHINGTON — With the fall semester well underway, the American Bankers Association is highlighting common money mistakes college freshmen should avoid to remain financially fit through graduation. “Freshman year marks the first time many students take control of their everyday finances, so it’s important to establish good habits from the get-go,” said Corey Carlisle, executive…

CFPB: The ABCs of Money Management for Military Kids

Back-to-school season is an opportunity for military parents to teach their children money management lessons. The lessons aren’t hard to teach. Parents can start with a few basic guidelines that are as easy as A, B, C. In just a few short weeks, military families across the country and at installations overseas will begin the…

ABA: Foundation Seeking Hosts for 7th Annual Lights, Camera, Save! Video Contest

Local banks urged to sponsor teen competition WASHINGTON — The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create a…

CFPB: How Parents Can Help Kids Be Smarter About Money In Everyday Situations

Over the past few months, we have written about ways parents can help put their children on a solid financial path—by developing a savings habit, by reading books with them, and by using our activities and conversation starters. Now, we’d like to offer an approach you can use anytime, anywhere, with children of all ages: Explain money as…

CFPB: Money Conversations With Kids Made Easier With CFPB Money As Your Grow Book Club

  With our newly launched Money as You Grow book club, you can use children’s books to discuss money concepts through reading, play, and one-on-one talks. Research shows that parents and caregivers have the most influence on their children’s financial capability. If you’re like most parents, you probably recognize this—and you’re interested in setting your kids…

ABA: 6 Financial Traps New College Graduates Should Avoid

WASHINGTON — As college seniors across the nation graduate and start their careers, their financial lifestyle should be top of mind, says the American Bankers Association. ABA has highlighted six traps new college graduates should avoid to fortify their finances as they transition from the dorm to the office.  “Now is the time for college…

findCRA Partners with MoneyIsland to Increase Youth Financial Literacy throughout the United States

To keep the momentum going from National Financial Literacy Month which occurs each April, findCRA a Louisville- based online platform focused on social impact and community reinvestment, announced today that they have partnered with MoneyIsland(TM) a market-leading financial literacy online experience focused on financial education whether it be in the home, school or community group….

ABA: Bankers Celebrate 20 Years Teaching Children to Save on April 29

Estimated 450,000 children will be reached in 2016 through Teach Children to Save ​WASHINGTON — More than 13,000 bankers will host financial education events across the country this week in celebration of the 20th annual Teach Children to Save Day on April 29. Since 1997, Teach Children to Save and the ABA Foundation’s financial education initiatives have…

ABA: Celebrate Financial Education, “Get Smart About Credit Day”

Bankers visit classrooms across country on Oct. 15 to teach credit education ​WASHINGTON — Bankers across the country are celebrating the American Bankers Association Foundation’s Get Smart About Credit Day today by visiting high school classrooms to teach teens how to use credit effectively and other financial lessons. Get Smart About Credit Day, celebrated annually on the…

ABA: Foundation Kicks Off 6th Annual Lights, Camera, Save! Video Contest

Registration open for participating banks ​WASHINGTON — The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of saving. Through Lights, Camera, Save!, teen participants will create up to a 90-second…