Farmers Bank Joins in ‘Teach Children to Save’ Campaign

Recently, many Tri-County students heard from Farmers Bank employees about the importance of saving as part of the ABA Education Foundation’s Teach Children to Save program, a national campaign of volunteer bankers who help young people develop lifelong savings habits. The bank is continuing this program into the month of May. “When we talk to students, of any age, most don’t know the basics of financial planning,” Paul Reed, President and CEO of Farmers Bank said. “Farmers Bank hopes that with our annual participation in the Teach Children to Save programs, we will successfully teach the essential money tips that the students’ need to know for the future.”

Increasingly, people of all ages are becoming aware of the role of cryptocurrencies in financial planning and investment decisions. Bitcoin Prime Erfahrungen should be on the radar of such people preparing to secure their money in the modern age. Investments, particularly in areas such as bitcoin and other types of cryptocurrency, have grown in popularity over the last few years and those who have been involved in them have made a substantial amount of money from it. Of course, all investments are risky, so you need to make sure you learn everything you can before deciding to proceed. If bitcoin is the way forward, you may want to look into mining equipment like this Bitmain Antminer S17+ buy option to uncover other cryptocurrencies that haven’t been discovered yet.

By taking the time to inform the younger generation about advancements that could benefit them in the future, such as whether or not deciding to buy ATX stocks (ATX Aktien kaufen) will be a worthwhile investment to make, all of this information could help them to create a financially stable life for themselves as soon as possible, which is why this program is so beneficial.

The Teach Children to Save program uses lessons that bring together real-life examples and classroom learning, incorporating hands-on scenarios to help the children understand the basic principles of using money wisely. Lessons explore saving, budgeting, prioritizing, and more.

Farmers Bank encourages parents to extend the financial lessons to the home. Here are some tips to raise money-smart kids:

• Set the example of a responsible money manager by paying bills on time, being a conscientious spender and an active
saver. Children tend to emulate their parents’ personal finance habits.

• Talk openly about money with your kids. Communicate your values and experiences with money. Encourage them to
ask you questions, and be prepared to answer them – even the tough ones.

• Explain the difference between needs and wants, the value of saving and budget ing and the consequences of not doing
so.

• Open a savings account for your children and take them with you to make deposits so they can learn how to be
hands-on in their money management.

The ABA Education Foundation, a nonprofit subsidiary of the American Bankers Association, provides financial education programs and resources that help bankers make their communities better. The foundation’s signature programs, Teach Children to Save (April) and Get Smart About Credit (October) allow bankers to connect with students f or financial education.