Depositing money at Sunward is a great way to learn the basics of saving and spending money
THINGS TO CONSIDER
- Open a savings account and deposit monetary gifts and allowance to reach a savings goal. Young members earn dividends on any balance through age 15.
- Young members with a primary account can watch their savings grow as they work toward earning prizes through the Sunward Savings Laboratory®.
- Parents should decide what role allowance and chores will play in their child’s life.
- Deposit $10 a month and in 10 years, you’ll have more than $1,200 – plus dividends paid on the account.
- The $1,000 your child will have saved by age 18 can be used as a guaranteed way to build credit.