As you shop for your young relatives this holiday season, consider gifts that will continue to give long into the future. “By putting the same amount of money you would have spent on the latest toy or video game into a savings account or CD, you’ll be providing for the child’s future and teaching him or her the value of savings,” says Tim Kosak, Consumer Lending Manager at Consumers Credit Union.
Watch the video below, the third in the Consumers ConnectU December holiday series for more smart financial gift ideas.
Want more holiday money tips? Watch the rest of the videos in our series: