APRIL 2024
Buddy Banking is a financial literacy tool for parents to help teach kids, teens, and young adults how to use financial services. The tool allows parents to reward children for working hard and completing tasks. Parents can set up chores and tasks for children to complete by assigning a monetary value to each task. Children can earn money from their parents for good grades. Children can also solicit small loans from their parents, request controlled amounts of spending money, and earn rewards for making sound financial decisions.
Key features for parents:
If you have been looking for a tool to help prepare your child for their financial future, add the Buddy Banking service by selecting “Buddy Banking” in online banking or mobile banking. Help your child grow by being their banking buddy!
800-647-2328
bfcu.org
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Routing: 311175093