Smart Money Habits Start Young
Creating budgets and making plans to achieve personal finance goals are common practices for many parents. However, some may overlook the opportunity to include their children in conversations about responsible spending and saving. It's never too early to get your child on the path toward a sound financial future.
Set the Stage
As your children become interested in money, be it through an allowance or a birthday check from grandma, start teaching them how to handle it wisely. Our Minor Membership Accounts are perfect for young savers, and just like you, they'll be members for life.
If you're an existing member and a parent, grandparent or guardian, share the gift of membership with your minor. Not available via mobile app*.
Not a Member? Join Now.
Make Financial Goals
Set savings goals with your children and discuss the best ways to achieve them. Is there a new toy they're pining after? How long will it take to save up enough allowance to make the purchase?
Teach Smart Spending
As their savings grow, start instilling responsible consumer behavior in your children. Help them avoid impulse buying and demonstrate how to compare items based on price and quality.
Navy Federal has a suite of products available to our youngest members, with options that will grow along with them and their finances.
Help your students make the switch from paper to plastic responsibly with GO Prepaid. Our reloadable prepaid card allows parents to set spending limits and manage account activity to reinforce the importance of smart spending.
Free Campus Checking
When they hit high school or get ready to head off to college, a Free Campus Checking account is the next step to well-managed financial independence. No minimum balance is required, and no monthly service fee applies.