Graduation & Big Milestones
Preparing for college or trades, managing graduation money, and opening a checking account.
Graduation day marks the finale of one life chapter and the starting line for everything that comes next. Whether you’re heading to college, entering a trade, or exploring other paths, this moment is full of opportunities and decisions ahead.
And a lot of those decisions are financial. Future college students may be finalizing housing, expensive textbooks, and financial aid, while those going into a trade might be pursuing new certifications, or tools and equipment. No matter the path, a bit of planning now can make the transition as smooth as possible.
You may have received some financial gifts for graduation. Managing that money wisely can give you a solid start. Instead of spending it all at once, consider dividing it into categories: immediate needs (like supplies or moving expenses), savings, and a small portion for fun (coffee, clothes, etc.). Building the habit of intentional spending early on can make a big difference later!
One practical step into adulthood is opening a checking account. It’s a simple tool, but an important one. With a checking account, you can safely store money, pay bills, and track your spending. Our BOOST Youth Checking Account is available to you right up until 18 years of age and offers our convenient digital banking app. Plus, our BOOST Savings Account offers a 3% dividend rate up to $2,500!
Whether you’re going away to a 4-year college or kick-starting your trades business, we’re here to help you every step of the way.