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Kids, Teens & Money

Teen Article: Is Friendship Expensive?

SLFCU Teen Member Delia Bradley breaks down the impact that friendship can have on a teen's spending habits.

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Teen Article: The Importance of Building Credit in Your Teens

SLFCU Teen Member Nathaniel Morgan talks about the importance of building credit in your teens.

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Congratulations to Our 2020 Scholarship Winners

Congratulations to our 2020 scholarship winners, and thank you to the 27 members who volunteered their time as judges. 

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Financial Fitness: One More Thing to Learn in College

College is often the first time young adults are making their own money decisions, and budgeting should be discussed well ahead of campus arrival.

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Teen Article: How to Decide Where to Put Your Money

SLFCU teen member Taryn Ortiz details how she manages her money into four different categories.

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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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Teen Article: Saving is Like Gaming

SLFCU teen member John Wendt explains how saving money can be like playing a video game.

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SLFCU Savings Laboratory Coloring Contest

Share a photo of your completed coloring page on our Facebook page for a chance to win a $25 gift card to a local restaurant.

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SLFCU 2020 Scholarship Competition: $4,000 Top Award

SLFCU Members attending college in 2020-2021 are invited to enter our annual essay scholarship competition.

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Make Saving Fun for Your Kids

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

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Teen Article: Money – It Comes, It Goes

Mariah explains why saving your money is a wiser choice than spending it, and how SLFCU's Savings Laboratory® Program encouraged her to save. 

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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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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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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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Investing Basics for Teens

Although investing isn’t necessary 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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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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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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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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Managing Student Loans

If you graduated from college in the spring, grace periods for your federal and private student loans are probably coming to an end. Most student loans have a six-month grace period before entering the repayment stage.

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How Much Should You Pay for an Allowance?

My 10-year-old earns $5 a week for taking care of regular tasks and for helping without complaint, ideally, with chores like yard work and washing the car.

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