Money Tips for Four, Six and Ten Year Olds Bullhead City AZ
As you follow the 10/10/10/70 concept, be consistent with depositing money monthly. Every month your child will start to see how their money starts working for them, your child will start to see the power of interest, compounding and the special gift that all children have, which is time.
Wells Fargo - Bullhead City
928-704-5022
1751 Hwy 95
Bullhead City, AZ
Wells Fargo - Bullhead City
928-704-5022
1751 Hwy 95
Bullhead City, AZ 86442
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed
Wells Fargo - Lakeside & Hancock
928-763-1090
1775 Lakeside Dr
Bullhead City, AZ
Wells Fargo - Lakeside & Hancock
928-763-1090
1775 Lakeside Dr
Bullhead City, AZ 86442
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 08:00 AM-04:00 PM
Sun Closed
Bank of America - Smith's - Fort Mohave
928.330.3760
4747 S Highway 95
Fort Mohave, AZ
Bank of America - Smith's - Fort Mohave
928.330.3760
4747 S Highway 95
Fort Mohave, AZ 86427
Services
Banking Center Services: Commercial Deposits
Indoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-6
Tuesday 9-6
Wednesday 9-6
Thursday 9-6
Friday 9-6
Saturday 9-4
Sunday Closed
Bank of America - Needles
760.326.3803
1001 W Broadway St
Needles, CA
Bank of America - Needles
760.326.3803
1001 W Broadway St
Needles, CA 92363
Services
Banking Center Services: Commercial Deposits
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-4
Saturday Closed
Sunday Closed
George'S Financial Services
(928) 763-0999
2727 Country Club Dr
Bullhead City, AZ
Bank of America - Bullhead City
928.758.3981
1755 Lakeside Dr
Bullhead City, AZ
Bank of America - Bullhead City
928.758.3981
1755 Lakeside Dr
Bullhead City, AZ 86442
Services
Banking Center Services: Commercial Deposits, Night Deposits
Indoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Deposit Image
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-5
Tuesday 9-5
Wednesday 9-5
Thursday 9-5
Friday 9-6
Saturday 9-1
Sunday Closed
Chase Bank
(928) 763-3303
3699 Hwy 95, Ste 900
Bullhead City, AZ
Chase Bank
(928) 763-3303
3699 Hwy 95, Ste 900
Bullhead City, AZ 86442
Office Hours
Mon:9:00-6:00
Tues:9:00-6:00
Wed:9:00-6:00
Thurs:9:00-6:00
Fri:9:00-6:00
Sat:9:00-3:00
Sun:closed
Chase Bank
(928) 768-3771
8495 S Hwy 95
Mohave Valley, AZ
Chase Bank
(928) 768-3771
8495 S Hwy 95
Mohave Valley, AZ 86440
Office Hours
Mon:8:30-5:00
Tues:8:30-5:00
Wed:8:30-5:00
Thurs:8:30-5:00
Fri:8:30-6:00
Sat:8:30-12:30
Sun:closed
Capital Lenders
(928) 763-4477
1967 Hwy
Bullhead City, AZ
Southwest Financial Center
(928) 763-4360
2065 Highway 95 Ste 21
Bullhead City, AZ
Provided By:
Money, Taxes & Small Business
Money Tips for Four, Six and Ten Year Olds By Lori Mackey Email Mar 29, 2007, 23:09 |
Your adult habits form in childhood, if a child starts the habit of taking a dollar and spending a dollar, that child is learning the habit of living paycheck to paycheck. But, if a child creates the habit of dividing their money before they spend, this will be as natural as walking and talking.
If a four year old takes a dollar and saves 10 cents for giving, saves 10 cents for investing, saves 10 cents for savings and takes the 70 cents and spends it wisely and practices this habit with every dollar, they automatically will have a head start with their financial future.
At the age of six, start implementing the allowance system, give each child chores and responsibilities that are expected everyday, some activities they will earn money for and some are expected because they are part of the family. You can use chores to break bad habits, teach independence, and the concept of earning.
Make a habit of allowing your child to bring their earned income to the market, store or mall, if they find something they want and ask you to buy it for them, just say, Yes, you can have that, but you need to use your own money. The typical response will be, But I do not want to waste my money! And, you respond with, Well, I don t want to waste mine either.
10 year olds are motivated by money, if you start teaching kids the power of investing and saving their money, they will listen intently. Go online and show your child investment calculators. Show them what the $50.00 video game would be worth in 55 years if they invested the $50.00 instead of spending it. The key is to show kids the power of invested money. Once kids see how money works, they will think twice before spending their money.
As you follow the 10/10/10/70 concept, be consistent with depositing money monthly. Every month your child will start to see how their money starts working for them, your child will start to see the power of interest, compounding and the special gift that all children have, which is time!
No matter how old your child is, it is never too late to start teaching them the value of money and how it can work in their favor.
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Lori Mackey, an award-winning author, founder of Prosperity4Kids, Inc., is recognized as a leading expert ...
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