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•••••DECEMBER 1 8, 2024•••••
The gift-giving season is fast approaching. If you are like a lot of people, this means you are brainstorming presents to give your children and grandchildren. While it may be tempting to purchase Financial Gifts with items like toys and a Lasting Impact clothes that can be immediately enjoyed, you may want to consider gifts that will provide value to the recipients for years to come. Here are a few financial gift ideas that they can use and appreciate long after the wrapping paper comes off. Contribute to a savings account. Help instill the importance of financial discipline by gifting funds to open a savings account. Encourage young ones to save at least a portion of what they earn through allowance, chores, or a part-time job. Like any habit, saving takes practice before it becomes second nature. Purchase a U.S. savings bond. Give someone you care about a secure way to save. Savings bonds are an investment backed by the U.S. government. There are no fees or (Financial cont’d on pg 2)