Elements of Money

Head over to Elements of Money Instagram to learn the eighth and final clue in our #ElementsofMoneySummerSocialScramble!

Head over to Elements of Money Instagram to learn the seventh clue in our #ElementsofMoneySummerSocialScramble!

Head over to Elements of Money Instagram to learn the sixth clue in our #ElementsofMoneySummerSocialScramble!

Head over to Elements of Money Instagram to learn the fifth clue in our #ElementsofMoneySummerSocialScramble!

Head over to Elements of Money Instagram to learn the fourth clue in our #ElementsofMoneySummerSocialScramble!

Head over to the Elements of Money Instagram to learn the third clue in our #ElementsofMoneySummerSocialScramble!

Head over to the Elements of Money Instagram to learn the second clue in our #ElementsofMoneySummerSocialScramble!

Check your checking account every few days so you know how much you can spend #KeepACushion #DontOverdraw #KnowYourBalance

Head over to Elements of Money Instagram to learn the first clue in our #ElementsofMoneySummerSocialScramble!

Clues start tomorrow. It’s easy to participate! Follow @ElementsOfMoney, gather word clues, unscramble the words to solve the mystery phrase, and submit your answer via Instagram DM for a chance to win. (Pro tip: you must include that you’re at least 13-years-old).

The Clues are Coming Soon! Solve the Summer Social Scramble for a chance to WIN! We’ll post a weekly clue to our Instagram account. Gather the word clues to unscramble an 8-word secret phrase. Send answers via Instagram DM. Prefer email? Visit elementsofmoney.com for details

This summer Elements of Money is going to test your skills of observation and puzzle solving. Gather the clues to unscramble an eight-word secret phrase. Submit your answers via Instagram DM for a chance to win $250. For complete details and rules visit elementsofmoney.com.

Use a checking account for day-to-day spending. Find one with no or low fees. #CheckingAccount #DebitCard #Deposit #Withdraw

Insurance helps protect you from the financial consequences of unexpected life events. As the policyholder, you pay a premium in exchange for the insurance company paying a fixed amount if you experience an event covered by your policy or contract. #Protection #InsuranceTerms

Keep your information safe online with these tips: •Secure Your Devices - Keep security software, internet browser, and operating systems up to date •Secure Online Accounts - Strong passwords and security questions only you know the answer to. #SecureAccounts #SecureDevices

Reduce Risk - “Don’t put all your eggs in one basket!” If you were to put all of your money (eggs) into one stock (basket) and that stock didn’t perform well, you’d lose it all. Reduce risk by spreading your money across several types of investments— it's called Diversification.

The Risk and Return Relationship - Investing means putting your money to work for you. But there is a risk you could end up losing money, too. Various types of investments carry different risks—typically, the riskier an investment, the higher the return (earnings). #RiskAndReturn

Understanding credit reports/scores will help you prepare for your financial future. Financial institutions use credit reports/scores to determine whether someone will be approved for a credit card or a loan and at what interest rate. #UseCreditWisely #CUYouthMonth #FinLitMonth

Not All Credit Cards Are Considered Equal - When looking for a credit card, compare several offers and look for the one with the lowest APR and fees. Your credit union is a great place to start! #UnderstandingCredit #CompareRates #CompareFees #CUYouthMonth #FinLitMonth

Do the Math–If you want to save $520 for a snowboard next winter, that gives you about 8 months to save. Take $520 and divide it by 8 - you’ll need to save $65 monthly. Break it down by week, it's $16.25 per week. #SavingsGoal #BreakItDown #SaveMonthly #CUYouthMonth #FinLitMonth