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Many of SLFCU’s branch lobbies have re-opened for member service with additional safety precautions. Kirtland and Livermore East remain closed. Learn more. To read more about how COVID-19 is affecting SLFCU, click here.

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Kids, Teens & Money

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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