Celebrate Youth Month by Helping Your Child Set Savings Goals
April is Credit Union Youth Month! It’s the perfect time for families to focus on building good financial habits with their kids. Whether your child is just beginning to understand the value of money or already has big savings goals, Youth Month is the ideal opportunity to make saving meaningful.
Here are four important things to know about youth savings, credit unions, and how to make saving feel like a rewarding experience.
What Is Credit Union Youth Month?
Credit Union Youth Month is celebrated every April by credit unions across the country. It’s all about encouraging kids and teens to start learning the value of saving early, with the support of their credit union community.
Understanding Youth Savings Accounts & How to Open One
A youth savings account is a bank account designed for kids and teens. It helps young savers:
- Learn how to set goals
- Track progress
- Understand interest and how money grows
- Get comfortable using financial tools
At Christian Financial, our Youth Savings Account is made for members under 18. We also provide a youth certificate. This is a great way to help kids build strong saving habits early, and it only takes $250 to get started.
To open an account, make an appointment at one of our branches. You’ll need to bring the following:
- Birth Certificate
- Social Security Card
- Student ID (if applicable)
- Driver’s License or State ID for the adult
Why Goal-Setting Matters
Teaching your child about saving early sets the foundation for lifelong financial success. Setting goals is a powerful way to help kids understand the value of money, and it encourages them to take ownership of their savings. These small but powerful tips will help your child develop good financial habits that last.
Step 1: Pick a Goal
Have your child choose something they want to save for – a toy, a gadget, or even a fun experience. Help them break the goal into smaller milestones so it feels achievable.
Step 2: Track the Wins
Each deposit gets them closer to their goal! Use a savings tracker or our mobile app to keep tabs on progress. You can even create a sticker chart or “level-up” sheet at home to make it more visual.
Step 3: Celebrate Milestones
Every time your child hits a savings milestone, give them a small reward or let them choose a special treat. These moments make saving feel like something to look forward to.
Ready for Next Steps?
If your child is already showing strong savings habits or has a big goal in mind, now’s a great time to explore our Youth Certificate (CD). It’s a fun way to show how money can grow over time, made just for our youngest members.
Learn more about our Youth CD here.
Let’s make saving feel exciting, meaningful, and rewarding!
