Elements of Money

Financial resources for young credit union members. Home of the Tweet for College Scholarship and other contests.

[Elements of Money @ElementsofMoney]

Head over to Elements of Money Instagram to learn the eighth and final clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Head over to Elements of Money Instagram to learn the seventh clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Head over to Elements of Money Instagram to learn the sixth clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Head over to Elements of Money Instagram to learn the fifth clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Head over to Elements of Money Instagram to learn the fourth clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Head over to the Elements of Money Instagram to learn the third clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Head over to the Elements of Money Instagram to learn the second clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Check your checking account every few days so you know how much you can spend #KeepACushion #DontOverdraw #KnowYourBalance

[Elements of Money @ElementsofMoney]

Head over to Elements of Money Instagram to learn the first clue in our #ElementsofMoneySummerSocialScramble!

[Elements of Money @ElementsofMoney]

Clues start tomorrow. It’s easy to participate! Follow @ElementsOfMoney, gather word clues, unscramble the words to solve the mystery phrase, and submit your answer via Instagram DM for a chance to win. (Pro tip: you must include that you’re at least 13-years-old).

[Elements of Money @ElementsofMoney]

The Clues are Coming Soon! Solve the Summer Social Scramble for a chance to WIN!

We’ll post a weekly clue to our Instagram account. Gather the word clues to unscramble an 8-word secret phrase. Send answers via Instagram DM. Prefer email? Visit https://t.co/rlv2XOikAn for details

[Elements of Money @ElementsofMoney]

This summer Elements of Money is going to test your skills of observation and puzzle solving. Gather the clues to unscramble an eight-word secret phrase. Submit your answers via Instagram DM for a chance to win $250.

For complete details and rules visit https://t.co/rlv2XOikAn.

[Elements of Money @ElementsofMoney]

Use a checking account for day-to-day spending. Find one with no or low fees. #CheckingAccount #DebitCard #Deposit #Withdraw

[Elements of Money @ElementsofMoney]

Insurance helps protect you from the financial consequences of unexpected life events. As the policyholder, you pay a premium in exchange for the insurance company paying a fixed amount if you experience an event covered by your policy or contract.
#Protection #InsuranceTerms

[Elements of Money @ElementsofMoney]

Keep your information safe online with these tips:
•Secure Your Devices - Keep security software, internet browser, and operating systems up to date
•Secure Online Accounts - Strong passwords and security questions only you know the answer to.
#SecureAccounts #SecureDevices

[Elements of Money @ElementsofMoney]

Reduce Risk - “Don’t put all your eggs in one basket!” If you were to put all of your money (eggs) into one stock (basket) and that stock didn’t perform well, you’d lose it all. Reduce risk by spreading your money across several types of investments— it's called Diversification.

[Elements of Money @ElementsofMoney]

The Risk and Return Relationship - Investing means putting your money to work for you. But there is a risk you could end up losing money, too. Various types of investments carry different risks—typically, the riskier an investment, the higher the return (earnings). #RiskAndReturn

[Elements of Money @ElementsofMoney]

Understanding credit reports/scores will help you prepare for your financial future. Financial institutions use credit reports/scores to determine whether someone will be approved for a credit card or a loan and at what interest rate. #UseCreditWisely #CUYouthMonth #FinLitMonth

[Elements of Money @ElementsofMoney]

Not All Credit Cards Are Considered Equal - When looking for a credit card, compare several offers and look for the one with the lowest APR and fees. Your credit union is a great place to start! #UnderstandingCredit #CompareRates #CompareFees #CUYouthMonth #FinLitMonth

[Elements of Money @ElementsofMoney]

Do the Math–If you want to save $520 for a snowboard next winter, that gives you about 8 months to save. Take $520 and divide it by 8 - you’ll need to save $65 monthly. Break it down by week, it's $16.25 per week.
#SavingsGoal #BreakItDown #SaveMonthly #CUYouthMonth #FinLitMonth