Kids and Money

Ready for the responsibility? Considering credit cards for first timers

Savings account? Definitely. Checking account? Possibly. A credit card for your teen? Let’s explore that one. Opening that first credit card is a decision that should be based on a variety of factors, but is it right for every teen? We explore the pros and cons of credit cards for first timers ­­­­– and what it means for parents who must co-sign.

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Author SAC FCU Managing Editor

Kids and Money

Unspoiled: The importance of teaching kids about money

It’s every parent’s dilemma: You want the best for your kids, yet you don’t want to spoil them. And finding a balance between giving them enough – but not too much – can be a struggle. We’ve got a few tips to help you navigate this tricky terrain, including practical advice for how (and when) to teach them valuable financial lessons they’ll use for a lifetime.

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Author SAC FCU Managing Editor

Kids and Money

Bundle up: Savings plans are gifts for baby that keep on giving

When you’re expecting, it seems there’s never a shortage of gifts for your new little bundle of joy, from diapers and clothes to blankets and toys. Yet there’s an important gift that’s often overlooked, but it’s one that could have a lasting positive impact on your child’s life: a savings plan, one that grandparents, family, and friends (and of course parents) can all contribute to. We’ll show you how plans like SAC FCU’s Baby Bundle make great gifts for baby, and why you’ll want to include one on your wish list.

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Author SAC FCU Managing Editor