MyShore Teen Club
Jersey Shore FCU welcomes members of all ages!
Teens ages 13 to 17 are automatically enrolled in MyShore Teen Club. As club members, they'll learn how to save for the future and have some money for spending too. An adult member on the same account, can apply for the following accounts which can be used by the teen:
For fun games, extra financial advice, and other great activities please
visit these websites!
great way to learn all about Credit Unions and what makes them unique. You will
also be able to play fun games all while learning about the different aspects
of finance. Great for all ages! Click the image to take you there.
Bizkids.com is a great way to get your business mind flowing.
Here you can play their three featured games, Break the Bank, Bring Home the
Bacon, and Dollar a Glass. You can also find educational links to learn more
about being a young entrepreneur. Great for all ages! Click the image to take
Payback is a great real life simulator game that takes you
quickly through the college experience. It shows how many of the decisions you
make turn into expenses somewhere down the road. The game adds up your debt and
in the end tells you if your choices were smart for the real world. Perfect for
high school students. Click the image to take you there.
is a website dedicated to improving your
financial knowledge. Play fun business and money based games that teach kids
important lessons. Great for all ages. Click the image to take you there.
Thinking about College?
In addition, high
school seniors can participate in Jersey Shore Federal Credit Union's
Benson/Hunt Scholarship Program and the New Jersey Credit Union League's
statewide Scholarship Program. You can apply now through March 30, 2018.
The credit unions
offers scholarship opportunities that could help pay for your tuition
As tuition costs rise,
saving money early on can give you a leg up on those payments
Freedom in college
means you might have to start paying for more of your own things, have some
money put away for those expenses
For scholarship applications Click Here. Check out our College Resource Center for helpful hints.
How to Avoid ATM Fees
ATM surcharges keep
rising. Here's a list of easy ways to help you avoid ATM fees.
If you have a
MasterCard Debit/ATM card, use it any place you can! Don’t spend your cash at
restaurants, department stores and other places that take a MasterCard
Debit/ATM card. The money will come right out of your checking account.
Budget your money
throughout the month so you make fewer ATM withdrawals.
ATMs with your Jersey Shore Debit/ATM Card
Use the cash back
option at grocery stores, Walmart, K-Mart, CVS and others.
Avoid ATMs in hotels,
airports, and similar locations. They usually have high surcharges.
traveler’s checks, personal checks, and credit cards instead of ATMs when
Creating a Budget
Creating a budget and
saving money isn’t easy. It takes a little practice and a lot of discipline.
What’s great about budgeting is that anyone can do it no matter how old they
are! Here are some steps to get you on your way:
Set goals for your
money and what you plan to use it for
Figure out how much
you make and spend each month
Set aside money for
the things you definitely need and can’t live without
Separate your money
into spending and savings
Put your plan into
action and watch your money build up
Review your plan to
make sure it’s working for you!
Saving Money While You
Saving money isn’t
just about putting money in a savings account. You can also save money by being
a smart shopper. Here are some ways to stretch those dollars:
1. Make sure you never purchase anything that you
will not use 2. Make sure not to purchase anything you cannot
afford 3. Try not to pay full price for anything, more
often than not there is a coupon available! 4. Shop online to look for the best deal on items
Save $15 a Week
A few bucks here; a
few bucks there. It all adds up to some pretty big bucks in the end. See what
saving just $15 a week can do for you!
What is $15? A few new
apps for your phone? A couple of fast food meals? Or $7,500?
If you saved $15 a
week starting at age 15, you’d have more than $7,500 in your account by the
time you were 24 and nearly $60,000 by age 60.*
But, if you started
when you were 25 years old and saved that same $15 a week, you’d only have a
little more than half that amount when you reached 60.
Starting early makes a
big difference! And the more you can save, the bigger the effects of
compounding your interest over time.
*Example Assumes an average annual percentage yield of 2%