Program teaches students to save
Learning to be a savvy saver and practice responsible spending habits is something that starts years before your first credit card. It's more of a matter of that allowance money or lemonade stand.
Recognizing that teaching children the right attitudes about spending is more important today than ever before, a group of volunteers from AnchorBank visited area school students as a part of the 13th annual National Teach Children to Save Day on April 21.
Employees from AnchorBank's New Richmond, Somerset and St. Croix Falls branches made presentations to more than 115 area students. The volunteers talked to students in kindergarten through sixth grade about a variety of money-smart topics, including budgeting, saving, recognizing needs and wants and how interest makes money grow.
"Saving money is a value that we start to learn about at a very young age, and it's important to get kids excited about being responsible spenders and savers," said Paula Kolbeck, AnchorBank northwest region manager. Kolbeck presented to more than 50 students at Starr Elementary School in New Richmond.
"Teach Children to Save Day was a fun way to get kids thinking about money now, and it's my hope that my visit will help make a difference in how they will spend and save money in future," Kolbeck said.
Founded in 1919, AnchorBank is one of the state's largest financial institutions with locations throughout Wisconsin.