Redstone Federal Credit Union

12 | r e d f c u.o r g If you are 12 years old or younger, Redstone Federal Credit Union has a special savings account just for you! Our STAR Club® program helps younger members develop wise spending habits, keep good financial records and start a foundation of good money management. It's an account that grows with you. Open a STAR Club account today and receive a piggy bank. A parent or legal guardian must be joint account owner. Once the piggy bank is full, bring it to one of Redstone's many locations with a coin machine and count your coins for free. STAR Club members also receive special gifts and surprises throughout the year. Must be eligible for membership and open a share savings account to join RFCU and participate in the STAR Club Program. $5 minimum balance is required to open and be maintained in share savings account. Must be parent or legal guardian to open the account. Some restrictions may apply. A coin counting fee of 4% of total coins over 25¢ applies for non-STAR Club members. Set Your Goals Decide what you're saving for and how much it will cost. en, you can figure out how much you have to save and for how long. For example, if you want to buy a new video game that costs $60, you could buy it in three months if you saved $20 every month. Make your savings goals and stick to them! Assign Your Money Whenever you receive money, divide it into three categories: Save, Spend and Share. You can spend a set amount of money on the things you want to buy right away. Sharing with others – buying gifts or giving to a worthy cause – is important. Saving for big things or more expensive things later is a great way to reach your savings goals. Always put money in savings first. Track Your Spending Keep a money diary and write down everything you buy, how much it costs and why you bought it. is will teach you about yourself and what kind of saver you are. Don't feel bad if you aren't very responsible about your money yet. Keeping track of what you spend is the first step to becoming a super saver! Special Savings Account It is always easier to spend, rather than save. But once the excitement of that new video game you bought wears off and your piggy bank is empty, you may start thinking differently about savings. Saving can be fun, easy and rewarding if you follow this simple plan: FOR YOUNG MEMBERS

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