Tucker Schwab, a kindergarten student at Hillside Elementary School, recently played Richie Rich for a day.
The youngster was treated like a “millionaire for a day” by First New York Federal Credit Union. And like the comic book character, Tucker lived the high life.
Credit union officials say they have taught area students to save their money through the union’s “KID$ (Keep Investing Dollars Savings) Program.” To celebrate students’ success, the credit union randomly selected a school saver and gave him the millionaire treatment.
As a big spender for a day, Tucker and his classmates were treated to a pizza party. The boy also received ice cream certificates, tickets to ViaPort Aquarium and a power wheels Mini-Cooper car.
Credit Union officials said Tucker — like other Hillside students — makes deposits from money he has earned doing chores. Parts of his allowance and birthday money also have been invested.
“It is important that young children learn that making deposits every week and saving their money will enable them to purchase what they need and later what they want,” said Carol Valenza, vice president of marketing for First New York. “This is one of life’s most important skills to understand and have, and when young children are actively involved in saving money they will grow to become better money managers as adults.”
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Categories: Saratoga County