Are your kids spenders or savers?
Henry tends to spends money just as soon as he gets it, so I was excited to learn about Munny Bunny accounts from our friends at WSECU-the cutest way I know to teach your kids about the power of saving!
Munny Bunny accounts are just for kids from birth to age 12.
When your child opens one, she’ll get a special plush Munny Bunny toy and journal. Seriously-How cute is that??
Use the journal to track all kinds of firsts, and help your child see how quickly a little money can add up with regular deposits. If you want to help out, you can set up regular deposits and transfers.
Your child gets to open the account in his own name, with his own social security number. Besides helping your kids develop an important life skill, it’s an easy vehicle to save for your child’s future. Or ask Grandma and Grandpa to add to it instead of giving them one more toy destined to be forgotten.
Because this is a special account just for young savers, there is a super low opening deposit and minimum balance of just 5.00. Oh, and there are no monthly fees. It’s never too soon to start becoming a saver!
Henry is so proud to have his own account, and for the first time he is more interested in seeing his savings grow than figuring out how fast he can spend his money. If your kids don’t have their own savings accounts yet, I’d really encourage you to give it a try.
To help your child open a Munny Bunny savings account of her very own, just stop by any WSECU branch (there’s one near you!), or call 800 562 0999 for more information. I promise it’s super easy!
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