Parents
Allegiance understands that children start learning about money even before they enter school.
Children observe adults using money and see commercials everywhere they go. Unfortunately, not all the messages your child receives about money will be the ones that will help them become money-smart adults.
That's why Allegiance partners with our parents (and grandparents) to help raise money-smart children. We are constantly updating this website with money-smart books, money-smart toys, and other resources to help you install positive money-spending habits. We also send out a monthly e-newsletter to all parents that have opened Soaring Eagle Accounts for their children. We include activities that teach basic money skills, as well as links to all the resources we find online. If you would like to receive this e-newsletter, but you are not a member or your child does not have an account with Allegiance click here. We would be happy to include you on our list!
Allegiance hopes to prevent your child from becoming one of the statistics below:
- 19% of Americans between the ages of 18 and 24 declared bankruptcy in 2001. (USA Today, 2001)
- The fastest growing group of bankruptcy filers are those people who are 25 years of age or younger. (Senate Committee on Banking, Housing and Urban Affairs, 2002)
- Over 80% of undergraduates have at least one credit card and nearly 50% of college graduates carry 4 or more credit cards. According to the Department of Education, the average balance carried by these students is more than $3,000. (Senator Chris Dodd, CT)
