Money Tips for Four, Six and Ten Year Olds Green Valley 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.
James LeBlanc
LeBlanc Financial Associates, LLC
(520) 393-3248
15237 S. Avenida Rancho Sereno
Sahuartia, AZ
James LeBlanc
LeBlanc Financial Associates, LLC
(520) 393-3248
15237 S. Avenida Rancho Sereno
Sahuartia, AZ 85629
Expertises
Helping Clients Identify & Achieve Goals, Cash Flow/Budgets/Credit Issues, Ongoing Investment Management, Middle Income Client Needs, High Net Worth Client Needs, Investment Advice without Ongoing Management
Certifications
NAPFA Registered Financial Advisor, CFP®, CMA, EA, MBA
Data Provided by:
Bank of America - Green Valley
520.625.0231
410 W Continental Rd
Green Valley, AZ
Bank of America - Green Valley
520.625.0231
410 W Continental Rd
Green Valley, AZ 85614
Services
Banking Center Services: Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Multi-Check Deposit, 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
Drive Up Hours
Monday 9-5
Tuesday 9-5
Wednesday 9-5
Thursday 9-5
Friday 9-6
Saturday 9-1
Sunday Closed
Wells Fargo - Sahuarita
520-806-5940
18590 S Nogales Hwy
Green Valley, AZ
Wells Fargo - Sahuarita
520-806-5940
18590 S Nogales Hwy
Green Valley, AZ 85614
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed
US Bank - Green Valley Safeway Office
(520) 625-5126
1305 W Duval Mine Rd
Green Valley, AZ
US Bank - Green Valley Safeway Office
(520) 625-5126
1305 W Duval Mine Rd
Green Valley, AZ 85614
Chase Bank
(520) 399-1512
15960 S Rancho Sahuarita Blvd
Sahuarita, AZ
Chase Bank
(520) 399-1512
15960 S Rancho Sahuarita Blvd
Sahuarita, AZ 85629
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:9:00-1:00
Sun:closed
Chase Bank
(520) 625-4416
151 W Esperanza Blvd
Green Valley, AZ
Chase Bank
(520) 625-4416
151 W Esperanza Blvd
Green Valley, AZ 85614
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:9:00-1:00
Sun:closed
Chase Bank
(520) 792-5964
201 W Continental Rd
Green Valley, AZ
Chase Bank
(520) 792-5964
201 W Continental Rd
Green Valley, AZ 85622
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:9:00-1:00
Sun:closed
Bank of America - Sahuarita
520.625.5954
18670 South Nogales Hwy.
Green Valley, AZ
Bank of America - Sahuarita
520.625.5954
18670 South Nogales Hwy.
Green Valley, AZ 85614
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
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
Drive Up Hours
Monday 9-5
Tuesday 9-5
Wednesday 9-5
Thursday 9-5
Friday 9-6
Saturday 9-1
Sunday Closed
Wells Fargo - Green Valley
520-625-1222
360 W Continental Rd
Green Valley, AZ
Wells Fargo - Green Valley
520-625-1222
360 W Continental Rd
Green Valley, AZ 85614
Office Hours
Mon-Fri 08:00 AM-05:00 PM
Sat 08:00 AM-03:00 PM
Sun Closed
Wells Fargo - Midvale Park
520-294-0966
1755 W Valencia Rd
Tucson, AZ
Wells Fargo - Midvale Park
520-294-0966
1755 W Valencia Rd
Tucson, AZ 85746
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed
Data Provided by:
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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