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Welcome to the
first ever Long
John Saver Kids
Club newsletter! You know that Long John
Saver is a smart pirate who
can help make your treas-
ure grow. He and his
friends have some great ideas for sav-
ing money, making money and even
sharing money! His newsletters will be
full of information and tips that you
can use to become a smart saver and
spender. He also has games, brain
teasers, fun facts and puzzles espe-
cially for you.
The Long John Saver Kids Club
newsletters will be available every
quarter through our website,
www.beachmunicipal.org.
Be sure to ask your parents before
logging on!
Welcome!
Money Matching It’s easy to tell the difference between coins
because each one is a different size or
color. Paper money, though, can be a bit
tricky because it’s all the same size and
color. Reading the numbers on a bill will
tell you how much it’s worth, but there’s
another way too. Each denomination of
paper money has a portrait of a famous
American on it. Can you match the denomi-
nation to the person whose face is printed
on it?
1. $1 A. Ulysses S. Grant
2. $5 B. Benjamin Franklin
3. $10 C. Abraham Lincoln
4. $20 D. Alexander Hamilton
5. $50 E. George Washington
6. $100 F. Andrew Jackson
Did You Know? • A million one dollar bills
weighs about 2,040 pounds.
• The image on the back of a U.S. coin is always upside down compared to the front.
• A quarter has 119 grooves around the edge.
• It takes 40 tons of pressure (the weight of about 10 elephants) to stamp the design on a penny.
—from usmint.gov.
Long John Saver Kids Club
B E A C H M U N I C I P A L F E D E R A L C R E D I T U N I O N
Volume 1, Issue 1
Spring 2006
Welcome 1
Did You Know? 1
Money Matching 1
It Makes Cents 2
Weekly Budgets 2
Games & Puzzles 3
Youth Week 4
Letter to Parents 4
Inside this issue:
Answers: 1=E; 2=C; 3=D; 4=F; 5=A; 6=B
• List all the things you spend money on regularly — for exam-
ple, snacks or school supplies.
Include any new expense you
expect during the week, such as a
birthday present, and estimate
the amount. That money is for
“extras.”
• Thinks about what you’re saving for. Write the amount you need to
set aside each week to make this
happen.
• Finally, list any donations you might make to help others.
• Now you can subtract the “money out” from the “money in.” Your
budget should balance. If it does-
n’t , be sure to work on a way to
fix it.
This is a great way to start a lifetime of
good money management! Ask your
Mom or Dad to help you get started.
Good luck!
Did you know that most of our coins are like little metal sandwiches? The
outside layers are three-quarters cop-
per and one-quarter nickel and the
“filling” is solid copper. Pennies are
made of zinc coated with copper.
Only nickels are one solid material —
that same 75% copper/25% nickel
alloy.
Groove-y edges made them harder
to copy...The dollar, half-dollar, quar-ter and 10-cent (dime) denominations
were originally produced from
precious metals (gold and silver).
The reeded (grooved) edges were
created to make sure no one would
alter the coins and try to file off the
edges to retrieve some of the precious
metals.
How can you tell where a coin came
from? Mint marks show what minting facility your coins came from — “P”
for Philadelphia, “D” for Denver and
“S” for San Francisco. This mark can
be found
to the right
of the sub-
ject’s face
on the
“heads”
side of the
coin. The
only ex-
ception is
the “Philadelphia” Lincoln cent — it
has no mark at all!
—from usmint.gov.
Get On Track With A Weekly Budget
It Makes Cents
Pirate Erin’s Weekly Budget
Do you keep track of
where your money is
coming from and
where it’s going each week? Does it
seem like you never have any money
— even when you just got your allow-
ance yesterday? Then maybe it’s time
to start a weekly budget. You just
might realize why your money is dis-
appearing so quickly.
Take a look at Pirate Erin’s weekly
budget. What do you notice about
how she handles money? If you no-
ticed right away that her budget bal-
ances, meaning she doesn’t spend more than she has, you’d be right!
Now that’s a sign of a good budget.
One good way to avoid running out of
money quickly is to make a plan like
Pirate Erin’s and then stick to it! Fol-
low her example to create your own
budget:
• List all your income (all the money you get each week)
Page 2
Money In (Income):
Allowance: $5.00
Gift from Grandma: $20.00
Total: $25.00
Money Out (Spending):
Snack: $1.25
Stickers: $2.50
Savings:
American Girl Outfit: $21.25
Total: $25.00
Long John Saver Kids Club
Page 3
Games & Puzzles Page
Long John Saver Word Search
Beach Municipal
Coins
Credit
Union
Dollar
Earn
Long John Saver
Member
Money
Savings
Smart
Spend
B M K S S M J O C B M U M V R
V X S T G U C F I B D O A A H
R E V A S N H O J G N O L D T
Z F Q N X I I A I E T L H N I
N X R G S O X V Y N O C S E D
C A O A S N F G A D S C K P E
E T W J D C P B Z S B W E S R
B E A C H M U N I C I P A L C
X Z M K G B X D M E M B E R E
B V Y J A W M D T R A M S X X
Beach Municipal is joining thousands of other credit unions around
the country in celebrating National Credit Union Youth Week April
24-28. Youth Week gives your credit union an opportunity to shine
the spotlight on how we can help you understand the importance of
learning to save, share and spend responsibly.
To celebrate, Long John Saver has a special gift just for you. Visit
either branch location during Youth Week and pick up your FREE
Kids Club t-shirt. Supplies are limited, so be sure to stop by early!
Help Long John Saver Celebrate National Credit Union Youth Week
A few of our founding Kids Club members.
Letter to Parents The Long John Saver Kids Club was developed to help teach our young mem-
bers about financial responsibility. This newsletter is just one of the components
of the Kids Club that we will use as an educational and fun tool to teach the im-
portance of sound saving, spending and sharing.
Our website features a Long John Saver Kids Club section full of information and
games for you and your child. Log on today and check out Googolplex, the CU
Guide for Student Moneymakers. Googolplex contains three reading and inter-
est levels to appeal to children of all ages: C-Note University for high schoolers, AJ’s Mall for middle school students and
the Five-Spot Clubhouse for younger children. The Five-Spot Clubhouse introduces elementary students to basic money concepts, addressing saving, spending, and of course getting rich. Each week young members will find something NEW—
a puzzle, game, quiz, or money-making story to help them learn to save for the future, learn to spend wisely, and learn to
borrow responsibly.
Want more? Check out the following links:
www.jumpstart.org — explore how to improve financial literacy among today’s
youth
www.financial-education-icfe.org/children_and_money/index.asp
— enjoy articles on financial education, youth financial literacy and money
« Joke Time » “What has fifty heads and fifty tails?“
Page 4
Beach Municipal FCU 4164 Virginia Beach Blvd. Virginia Beach, VA 23452
757.333.7787 www.beachmunicipal.org Fifty pennies!
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