Last month, our branches gave kids the opportunity to win a prize (and bragging rights) for correctly guessing the amount of coins in the money jar. Our 15 winners not only won the jar of coins as their prize, but also a small investment in their future and valuable saving tips beginning at a young age.
According to Forbes magazine, children as young as three years old can grasp financial concepts like saving and spending. A study done by the University of Cambridge showed that children’s money habits are formed by the age of seven. The sooner kids start saving, the faster their money can grow!
Congratulations to our 15 lucky prize winners and happy saving!
Darien: Brandon A.; Fairfield: Nicole C.; Greenwich: Patrick B.; New Canaan: Teagen H.; Norwalk: Nondine D., Motasem S., Corinne F.; Stamford: Arison B., Brooke R., Amber B., Dylan R., Jacob J., Chase N., Christian H. and Westport: Liliana B.