Light Rain   63.0F  |  Forecast »

Young and Free Spokester Elizabeth 'Ebeth' Fielder

As the 2014 Young and Free Spokester for Michigan First Credit Union, Fielder gives teens advice about finances. Here, the Dearborn native talks about her finances, and gives advice for families, too.

Looking for sound money advice? The 2014 Young and Free Spokester for Michigan First Credit Union, Elizabeth "Ebeth" Fielder, 22, of Dearborn can help. As Spokester, Fielder delivers money-saving tips to her peers in her blog and acts as the credit union's rep for ages 17-25. What made her such a financial guru? We chatted with Fielder to find out.

Growing up saving

"My mom jokes around saying the first word I said was 'sale.'" Her parents led by example, teaching her, "If I earn $9-$10 an hour," and then go out and spend, say, $20, "that's almost two hours of work."

Her inspiration

Fielder says inspiring others drives her. First set goals, she says, and then see them through. "I want to inspire them to accomplish their goals."

Sage advice

"Do more and worry less when it comes to finances," she says. Try a more proactive approach to spending. "Look for cheaper ways to buy. Use your creativity to not feel the burden of day-to-day desire." She recommends budgeting, finding coupons and searching for sales before going shopping.

Her biggest mistake

"When I was working in retail, I lived with my mother. I didn't have any bills and did not realize the importance of putting money away," she says. Instead, she spent her money on clothes. "I have a very lovely closet now because of it, but my savings account needs a little work."

Budgeting for kids

"Open an account (for your kids) as soon as you can, so they can see that having that relationship is important." Help them set goals and let them have fun reaching them. And, every day, "Find something to teach them."

Add your comment:
Advertisement

More »Latest Articles & Blog Posts

Passport Rules for Kids

Passport Rules for Kids

If you're planning on traveling with your family outside of the country, they'll need a passport. Find out what you need and how to get passports for children.

Tips for Saving Cash on Flights

Tips for Saving Cash on Flights

Find out how your family can save money when flying abroad and in the country.

Tips for Traveling Internationally with Your Children

Tips for Traveling Internationally with Your Children

Thought about taking your kids for a trip abroad? You should! Here are tips to help make your cultural excursion easier – and cheaper – than you might think.

Staying Home Alone: How to Know When Your Child is Ready

Staying Home Alone: How to Know When Your Child is Ready

Whether you just want to run an errand or need to hit the gym for a break, it could be time to let your tween stay home alone. Here are a few ways to know your kid is prepared.

Craft Roundup: Get Ready for the Beach

Craft Roundup: Get Ready for the Beach

Whether you're hitting the pool or lake, southeast Michigan is packed with watery summer fun. These projects are inspired by (and ready for) this very topic!

Social Savvy: Raising Kids Who Can Make Connections

Social Savvy: Raising Kids Who Can Make Connections

At each stage of development, there are things parents can do for their kids to help them with social skills and making friendships.

Explore the Grand Canyon in Arizona

Explore the Grand Canyon in Arizona

If you haven't seen the wonder that is the Grand Canyon, you owe it to yourself and your kids to go.

Advertisement
Advertisement
Advertisement