Send us a text

In our 17th episode, Frankie and Alfredo explore what makes a smart money choice and share their own practical strategies for families to build positive financial habits together. We discuss how thoughtful planning and avoiding impulse purchases can lead to better financial outcomes for both parents and children.

A few quick tips:

• Smart money choices involve having well-thought-out reasons for purchases rather than making impulse decisions.
• Creating shopping lists helps families avoid impulse buys, especially at strategic checkout areas in grocery stores.
• The three-jar system (save, spend, share) provides a visual approach to teaching children about money management.
• The 72-hour rule gives time to reconsider purchases and research better options before committing.
• Shopping when hungry can lead to unnecessary purchases and spending.
• Finding spare change around the house is a great way to start populating savings jars.

Learn more at PremierAmerica.com/Youth

Federally Insured by NCUA.

Send us a text

Giving back to our communities builds stronger families and teaches important financial values beyond just saving and spending. We explore multiple ways families can work together to make an impact through volunteering, charitable giving, and everyday acts of kindness.

• Giving back involves three key elements: talent, time, and treasure
• Animal shelters offer great volunteer opportunities for families with limited financial resources
• Credit unions like Premier America Credit Union contribute to communities through the Premier America Foundation and various community initiatives
• Including charitable giving in your family budget teaches children the importance of helping others
• Even small donations can make a meaningful impact when given consistently
• Simple acts like sharing lunch with friends teach children about resource sharing
• The Premier America Foundation Scholarship rewards students who demonstrate commitment to service
• Young children can start building giving habits through everyday kindness at school

This week's family challenge: Think of one small way you can help someone with your money, time, or other resources, and discuss it as a family.

Federally Insured by NCUA.

Send us a text

Taxes are portions of our income and purchases that fund essential public services and infrastructure in our communities. We break down the concept of taxes for families and kids, explaining how they work at local, state, and federal levels to support resources we use daily.

• Different types of taxes include sales tax on purchases and income tax on earnings
• Taxes fund community resources like parks, libraries, schools, and first responders
• Children often experience "paycheck shock" when first seeing taxes deducted
• Parents can simulate taxes with allowances to prepare children for future earnings
• VITA centers (Volunteer Income Tax Assistance) provide free or low-cost tax help

This week's family challenge: Discuss things in your community that you enjoy that are paid for by taxes, such as public beaches, parks, or libraries.

Federally Insured by NCUA.

For more information and resources, visit PremierAmerica.com/youth