Numerica's Educational Programs
We thank Numerica for their efforts in providing educational resources for youth regarding financial savings. They have a great website with tools for children and young adults as they journey into the world of saving money.
Money Tips and Tricks:
- Map your financial future - List what you're saving money for and how much you will need. This will help you reach your financial goal!
- Start Saving Young - The sooner you start saving, the more money you'll be able to gather over time in interest.
- Pay yourself first - Before you make plans to spend all of your money, set some aside in your saving account for long-term goals and for emergencies.
- Money doubles by the "Rule of 72" - Want to know how long it will take to double your money? Divide the interest rate into 72. For example, an account earning 6% interest will double in 12 years (72 divided by 6 = 12)