Here at SCCU, we are passionate about teaching good financial habits, from basic saving to credit building to investing for the first time. We know that starting young is essential to building healthy finances. That's why we offer resources where kids and teens can go to begin learning about how to manage their money.
April 22 - 27 is Youth Week 2019!
This month, we're encouraging our young members to "Picture the Future!" Using your imagination to "picture" your goals and then writing those goals down engages the creative brain and the logical brain, making you more likely to achieve them.
We want to help you achieve your goals, too. So from April 22 - 27, we're rewarding our members age 18 and under for saving. Here are the details:
Members age 18 and under who do ONE of the following between April 22 and 27:
- Open a new SCCU account, OR
- Make a deposit to an existing SCCU account
Will be rewarded with:
- A small gift from SCCU, AND
- An entry into a drawing for a $50 deposit from SCCU!
Visit us at your closest branch between April 22 - 27 for a chance to win!
SCCU contest is open to all SCCU members in good standing under the age of 18 for the week of April 22-27, 2019. When a youth member makes a deposit to their SCCU account during this week, they will be entered in the drawing for $50. There is a limit of one entry per day per account number. Additional deposits to account suffixes under the same account number will not qualify for more than one per-day entry. All SCCU entries will be eligible for the national drawing for $100 if SCCU is chosen as a winning credit union. View contest details here.
Teen & Young Adult Resources
The pre-teen and teenage years are a critical life stage, especially when it comes to establishing good financial habits. As a teen or young adult, you may be ready to start handling your own money. This can involve opening a checking account, saving for a purchase like a first car, building credit, or getting student loans. SCCU can help make those intimidating processes run smoothly.
Claim Your Youth
Learning to handle your own finances can seem daunting. Luckily, we've got a place for you to teach yourself about the basics of budgeting, credit, investing, and more. Read our most recent youth newsletter!
Checking & Savings
Don’t have your own account yet? Now is the perfect time to open one. We’re happy to walk you through how everything works – just come on into a branch, or start the process online.
Everyday Spend Card
Not ready for a checking account yet? No worries. An Everyday Spend Card gives you the ease of a pre-loaded gift card with the convenience of a debit. This card is not tied to any SCCU accounts, combining safety, flexibility, and an inexpensive payment method all into one card. It is also easy to manage: once you’ve received your card from the credit union, you can reload it yourself online.
In today’s world, it’s important to start building credit early. Applying for a Share Secured Loan or one of our low-rate credit cards can be a great way to establish good credit and learn to manage debt while the risks are still relatively low.
The Smart Option Student Loan by Sallie Mae
So you’re getting your higher education – congratulations! The stress about how to pay for it may be setting in, but don’t worry – we’ve got options for you.
Wondering how much you need in an emergency savings fund? What about your (or your child’s) college savings plan? Reworking your home budget? We’ve got tools where you can crunch those numbers!
Resources for Children
Kirby Kangaroo Club
Kirby Kangaroo makes it fun to learn about money! Kids can play games, read stories, and download coloring pages at SCCU's Kirby Kangaroo Club site.
Save for the Future
Saving and teaching your children to save is extremely important for your kids’ financial health (and for yours!). Opening a savings account for your child can teach them good financial habits and offer a cushion for later on. It may even be a good idea to open a Christmas Club for your child. That way they can save for something specific and see how their money grows when they deposit it at a credit union.