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Kids, Teens & Money

SLFCU Savings Laboratory® Program

SLFCU’s Savings Laboratory® Program is an exciting way for kids 12 and younger to learn about saving money.

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SLFCU Scholarship Competition: $3,000 Top Prize

Members of SLFCU attending college in 2019-2020 are invited to enter our annual essay scholarship competition.

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Teen Article: Writing and Submitting a Check

Since payments have turned digital, Rebecca feels the new generation doesn’t know the process of writing or cashing a check. 

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College Scholarship Opportunity for New Mexico Students

The New Mexico Credit Union Education Foundation (NMCUEF) is accepting scholarship applications for the 2019–2020 school year.

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Teen Article: Early Birds and Money Worms

This summer I made a big decision. With the proceeds from my first job, I decided to open a Roth IRA. 

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Children Can Earn Prizes by Saving Holiday Gift Money

The holidays can be a great opportunity to teach children valuable lessons about money. 

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Teen Article: Advice to New Debit Cardholders

If you do these things, being a cardholder will be a lot easier, and you'll be more comfortable handling your own money.  

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Five Great Times to Buy a Vehicle

If you’re planning to buy a new vehicle, carefully timing your shopping may help you secure the best deal. 

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Help Teens Prepare for Financial Success

The teenage years are an ideal time to introduce young people to hands-on financial experiences and help them develop smart money habits.

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Teach Saving Habits Early

With the SLFCU Savings Laboratory®, teaching your child positive financial habits can be both fun and rewarding.

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Smart Ways to Pay for College

What to do when school grants, scholarships and government loans don’t cover the costs of attending college.  

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Teen Article: A Lesson in Giving

I will be making a tangible difference in our New Mexico community, and I know that someone’s life is improving. 

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Teen Article: The Bro Business

This past summer my friends and I started a neighborhood yard business. The four of us called it the Bro Business.

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Teen Article: College Saving: A Long Term Reward

Although most teenagers' first instinct with money is to spend it, saving money is ultimately the most beneficial action in the long run.

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Teen Article: The Value of Earning Your Own Money

I'm 14 years old, and while most of my friends slept late over the summer, I decided to get my first job.

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Investing Basics for Teens

Although investing isn’t a necessary skill to master in order to become financially stable or independent, it may provide benefits to someone looking for a smart way to grow their extra cash

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Teen Article: The Importance of Saving

Setting aside perfectly good spending money is the basis for a much broader world of opportunities.

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Family Finds Value for All Ages at SLFCU

The Maki parents make sure their kids have regular opportunities to think about saving and spending money.

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What Do Teens Need to Know About Credit?

Good credit is the key to a solid financial foundation. It can help you secure a loan for school and a car, often at a better rate than someone with a low score would receive.

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Teen Article: Stay Alert to Prevent Card Fraud

Since I was a little girl, my parents have drilled in the importance of being smart with money.  

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Teen Article: The Right Way to Both Save and Spend

As a teen it can be hard to know how to spend and also save at the same time. 

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Reward Kids for Saving

Designed to help encourage savings habits and financial responsibility at an early age, the SLFCU Savings Laboratory program offers an engaging way for kids to get excited about saving.

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Choosing the Right Account Type for Children

When opening a savings account for a child, it's important to consider what purpose the account will serve.

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Teen Article: The Snowball Effect of Saving

The way you spend and save money when you are a teenager can help you in your future. Some teens spend money as soon as they get it.

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Teen Article: Weighing the Cost of College Tuition

Sierra Robinson is a senior at Eldorado High School in Albuquerque and the first winner of SLFCU’s teen article competition.

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Budgeting Strategies for Kids and Teens

When teaching finances to children, it can be difficult to point out the distinction between needs and wants, since many needs are handled by their parents.

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Manage Money with Your Child

Children can be introduced to the concept of money at a young age. Whether it’s spending birthday money on a new toy or helping a parent at the grocery store, there are many opportunities.

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