Don't show this again

SRP ONLINE AND SRP MOBILE MAY BE INTERMITTENTLY UNAVAILABLE
SRP Online and SRP Mobile may be intermittently unavailable on Friday, May 24, 2024 from 1:00am until 5:00am due to scheduled maintenance. We apologize for any inconvenience.

Holiday Closings
All Branches and Drive-Thrus will be closed Monday, May 27, 2024 in observance of Memorial Day.

Financial Literacy for Teens at SRP

posted on

At SRP Federal Credit Union, we understand the importance of financial literacy for teens. We are dedicated to equipping young individuals with the knowledge and skills needed to make wise financial decisions.

 

We offer programs that cover a range of topics that are essential for building a strong foundation in personal finance.

 

Elements of Money®

If you’re a teen between 13 to 17 years old, you may have financial questions, and SRP offers the Elements of Money® website to our teen members to help answer those questions.

 

Learn how to plan for college expenses. Interested in buying a car? Find out how much driving a car can cost. Can you get a credit card? Find out.

 

There are articles on matters that are important to you, plus podcasts, quizzes, videos, and more. Are you more into social media and contests? Elements of Money® has it all.

 

SRP Financial Counselors

SRP’s Certified Financial Counselors are here to help you solve your money issues and take control of your finances. They can also teach your teens the fundamentals of budgeting, including setting financial goals, tracking income and expenses, and creating a realistic spending plan.

 

By understanding the concept of budgeting, they will be able to manage their money effectively and develop a habit of saving.

 

Our counselors have extensive training and are certified to extend financial counseling services. Through our in-person, individual assistance, they will help you chart a path to achieving financial wellness through financial counseling and education.

 

Our counselors also work with groups virtually and in person, teaching financial literacy to all ages free of charge.

 

Choose the Right Credit Union for Your Teen

Choosing the right financial institution for your teen can be difficult with so many options available to you. Your goal should be to find an institution that serves you and not the other way around.

 

At SRP, we exist to serve our member owners. Since our founding, we have always been dedicated to our members. The members are the heart of our credit union and the sole reason for our existence.

 

Today, we serve as the financial institution for over 195,000 members; we continue to provide sound savings programs, checking accounts, competitive loan options, and a variety of other convenient services tailored to fit our members' needs. Everything your teen will need financially, we can supply.

 

Visit SRP for Your Teens

Financial literacy is important for teenagers to learn to prepare themselves for adulthood. At SRP, we have numerous educational opportunities for young people to learn.

 

We are eager to serve you at one of our many convenient locations. Don’t hesitate to get in touch with us today.

 

Article Credits: CUNA

This article is for informational purposes only. All loans subject to approval and rate may vary depending on individual’s credit history and other factors. Refinancing restrictions apply. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice. Membership required. SRP is federally insured by NCUA. NMLS #612441.