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Kirkman (800) 584-0015 Change Location

Your Preferred Branch

Kirkman Change Location

2500 S. Kirkman Road
Orlando, FL 32811

Tel.(800) 584-0015

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Mon-Fri: 9:00am - 7:00pm
Sat: 9:00am - 3:00pm
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    715 South Goldwyn Avenue - Orlando

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    16418 New Independence Pkwy, Suite 100 - Winter Garden

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    8101 S John Young Pkwy - Orlando

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    13490 Beach Blvd. - Jacksonville

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The Axiom Bank Blog

 Learn about best practices, tips and advice for your financial life from bank staff. 

lemonade

The Lessons of a Lemonade Stand - Teaching Your Children the Fun Way

Posted On: August 1, 2018 by Axiom Bank in: Budgeting, community, General, Save money, Savings, Seasonal

Warm, sunny weather calls for a glass of ice cold lemonade. Now that the kids are out of school and looking for activities to entertain them, now is the perfect chance to teach them a little about finances. Here are a few quick tips to help teach your children how to be fiscally responsible. Have them buy the materials. When deciding to have a lemonade stand, it is important that your children know the value of money. By having them calculate the cost of the lemonade, sugar, cups, sign, sunscreen and pitcher, they will begin to understand the importance of the dollar. You may help them out with costs if they haven’t begun to save from chores, but teach them with our next tip that money isn’t just handed to them. They can ask you to lend or invest. If your child is looking for a little cash to start up their business, feel free to teach them about lending and investing. Show that mommy or daddy can lend you $10.00 for ingredients. When you make $20.00, you owe them

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