You can't start too early when teaching kids to be financially responsible. In fact you might be surprised how quickly they become aware of material things. As soon as children start watching television, enter a toy store, or make friends in school they become increasingly aware of all the world has to offer them.
They want stuff, like toys and clothes that they see advertised or that their friends have. However, what they may not understand yet is the concept of earning and saving money, and the difference between needs and wants.
The Young Savers Club (newborn until age 15) at MHV is a great way to help kids learn about the importance of saving and earning money. Kids will learn the basics of healthy saving and spending habits, and have some fun too.
When they join, children receive a special account opening gift and Kids Cash & Caboodle Kit which contains:
• Reusable Tote
• Save, Spend and Give Money Boxes
• Activity Poster
• Information for Parents
MHV Young Savers Club members receive a special Birthday Card Coupon during the month of their birthday for a $10 savings deposit match gift *!
The Young Savers Club also includes:
• Quarterly newsletter just for kids
• Access to Googolplex: An interactive website that encourages learning through play (view COPPA policy)
A child must become a member of MHV to join the Young Savers Club. An deposit of $5 is required to open a savings account at MHV. For more information and to sign up your child for the Young Savers Club contact the MHV branch nearest you.
*Birthday Card Coupon will be mailed 4-6 weeks prior to account holders birthday. Offer must be redeemed during the month of the account holders birthday..