MADISON, Wis. (11/21/12)--NerdWallet's
Credit Card blog recently "interviewed" five credit union mascots to learn more about saving money.
Interview subjects included a penny, a tree, a monster, a dinosaur and an eagle.
- Penny Saved, president, Super Saver Club for Kids, Vantage West CU, Tucson, Ariz.;
- Reddy the Redwood, mascot and financial literacy expert, Redwood CU, Santa Rosa, Calif.;
- Moola Moola the Magical Monster, president, Moola Moola Savings Club, Philadelphia (Pa.) FCU;
- Max the Dinosaur, president, MoneyKids Program, Michigan First CU, Detroit; and
- Cash the Eagle, president, Cash's Club, Texas Trust CU, Mansfield, Texas.
The mascots were each asked five questions:
What do you like most about being a mascot? "There is nothing more fun than teaching kids about money in a way that makes them laugh and smile," said Max the Dinosaur.
Why is it important to save money? The earlier in life you begin saving money, the more financially healthy you'll be when you grow up, Moola Moola advised readers.
What should you buy with the money you save? Penny Saved suggested readers always keep some for long-term savings, but the money they spend should go toward something meaningful.
When you have a question about money, whom do you ask? "If I have money questions, I always ask someone at my credit union," said Reddy the Redwood. "Because credit unions are focused on people (and trees), I know that they've got my best interests in mind," he added.
If you had a million dollars, what would you do with it? Cash the Eagle said he would spend some of the money on his friends and family, but he would talk to his credit union financial adviser to set up a structured savings plan for the rest of the money.