We all know how important it is to save, but in today’s on-demand world, it is often hard for us to look too far ahead. We get stuck living in the now and focus on today rather than tomorrow. I find this to be especially true when it comes to saving money. Yeah we might have a few bucks here or there to tap into if we have an emergency, but what if there was some type of medical or automobile event that left us in major financial stress? There is no doubt about it, saving money is a very important part of having a family.


As a parent to three awesome kids, I feel that it is my responsibility to set my kids up for success not only every day, but in the future. I want them to especially think about the money they earn and how they use it. In our house, we take a page out of Dave Ramsay’s book and think of the money they earn as commissions. If you do the work, you get paid. We used to have a chore chart on the fridge, but that fell off and disappeared, so now we just go by what daddy says for the chores. Often times we have cleaning toilets or sinks, sweeping the floor or helping to sort laundry as small tasks that can earn a few dollars here and there.

My five-year-old boy knows that he likes money, but doesn’t really know what to do with it yet. My seven-year-old daughter fully understands that money gets her “stuff,” but beyond that I want her to know that it is important to save her money. We started a system that involved her giving me one dollar for every five that she earns. That worked for a while. If she did five chores over a few weeks and earned five dollars, she would give me one back and it would go in her savings envelope. Once her savings envelope had a bit more money in it, I decided it was time to start a savings account for her. Knowing that my mom had been a member of Central Florida’s Insight Credit Union for decades made me instantly think of them.


Insight’s Youth Accounts are open to children under 12 years old and are built to help teach children the importance of saving money. With just five dollars, your little one can begin to learn smart saving habits and responsible spending! In addition to their Youth Savings Accounts, there are also Youth Share Certificates of Accounts for longer-term savings. Terms on these accounts run from three months to four years and can be opened with as little as $500.

Opening an account is easy. The staff was very welcoming and spoke directly to my daughter about what she was doing. She was really excited to give her money to the bank and have the bank keep it safe for her. I look forward to continuing to show her the value of saving money and hope if you live in the Central Florida area that you will consider opening one for your child too! Visit Insight Credit Union on Facebook and on their website to find a location near you!

*Insight Credit Union has compensated Lean Green DAD to talk about their youth savings accounts. For more details on what this means, please visit our disclosure page.

Cory Warren
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