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Don’t break the bank this Halloween

According to a recent poll from the National Retail Federation, people will spend $8.4 billion on Halloween this year. If you do the math, that is an average of $82.93 per shopper. It is also said that most of this money will be spent on costumes.

That’s a lot of money for an outfit you will most likely never wear again, so why waste it? There are ways to still look great this Halloween without breaking the bank. In fact, America Saves has come up with a list of their 15 favorite homemade costume ideas. The best news yet, all these costumes can be made on any budget.

Check out these great costume ideas and save your money for another time. Halloween is fun when you look great, but it’s even better when you save money too!

Member Minute, News/Accolades

Member Spotlight: Kuster Ltd. (The Money Godmother)

joannek

We would like to recognize in Kuster Ltd. in our current Member Spotlight.  Since 1980 Kuster Ltd. has been developing educational products, content and programs for a variety of organizations and businesses as well as a marketing communications company and custom publishing company called DynaMinds. (www.dynamindspublishing.com).

Kuster Ltd. is represented on the board by Joanne Kuster. Joanne and her husband Chuck created the “A.G.G.I.E.” board game, a really, really fun lesson on the profits and perils of farming. AGGIE games quickly spread to every state and 13 countries, as teachers, bankers and families ordered to learn how to buy and sell commodities. Meanwhile, Joanne wrote her first children’s book and subsequently sold it to a Fortune 500 firm that distributed more than 500,000 copies. Who knew? Those initial products led to myriad creations developed for businesses and organizations across the U.S. and Canada – Stock Market Pie: Grandma Helps Emily Make a Million, an investing journaland Entrepreneur Extraordinaire: Grandpa Helps Emily Build a Business. 

The “Money Godmother” is a Jump$tart superstar. Joanne attended her first JumpStart meeting sometime in 2000 and has since served in several capacities. While president in 2006, she connected with the Federal Reserve Bank of Chicago and convinced them Iowa was poised to handle Money Smart Week. She has since helped the program grow across the state. Her passion for financial education has led Joanne to create several children’s books and games on money, investing, and entrepreneurship, including the popular “Wants and Needs” game and the “Balloony Game”.  She is an author of such books as Stock Market Pie: Grandma Helps Emily Make a Million, an investing journaland Entrepreneur Extraordinaire: Grandpa Helps Emily Build a Business.  She is a dynamic orator, speaking to audiences of college students, teachers, parents and other mentors who want ideas on how to better manage money and help others do the same.

Joanne also works as chair for Money Smart Week Iowa, an economic outreach program from the Federal Reserve Bank of Chicago and is involved with the Iowa JumpStart Coalition. Check www.moneysmartweek.org/iowa and www.WomenandMoneyConference.com. She continues to help other entrepreneurs get started, and often speaks on entrepreneurship, saving and investing, and leaving a family legacy. She is a founding member of the Iowa Enterprise Network and Center for Financial Success, and has been recognized as SBA’s Midwest Home-Based Business Advocate of the Year.

For more information, visit her website at http://moneygodmother.com/.

Uncategorized

Substitute cash for candy this Halloween

The countdown has begun; less than a week until Halloween! But, before you rush out and buy the expensive candy to hand out, the National Financial Educators Council (NFEC) encourages you to substitute cash for candy.

Sounds a bit crazy, right? Well, maybe not. Kids get excited about candy, but they get more pumped up for cash.

By substituting cash for candy, you have the opportunity to teach kids about personal finance and encourage a healthy lifestyle. Health and financial wellness, although seemingly very different, are directly related. On average, healthier people earn more money, pay less in medical expenses and live longer.

Visit the NFEC’s website for more information and ideas on promoting financial literacy and the wellness of kids this Halloween.

Financial Literacy Tools

Help your students Get Smart About Credit

The 2016 Get Smart About Credit Day, sponsored by the American Bankers Association (ABA) Community Engagement Foundation, will be held on Thursday, Oct. 20. The Get Smart About Credit program is a national campaign run by volunteer bankers. The campaign focuses on raising awareness about the importance of using credit wisely – especially for young people.

Many resources are available to registered banks through the Get Smart About Credit campaign. These free webinars, presentations and communication materials can be used to help educate high school students and young adults.

To learn more about the Get Smart About Credit campaign, click here or contact your local bank to see if they are registered.