Folsom, Calif. – (June 24, 2026) – SAFE Credit Union Chief Financial Officer Alexis Fitzpatrick and Financial Wellness and Community Development Manager Hector Madueno shared their expertise as finance professionals and parents in a recent article about kids’ allowance.

The article in Abridged, a Sacramento-region digital news outlet of public broadcast station KVIE, shares best practices and parents’ personal experience in helping their children learn financial basics through allowance.

“I think the biggest mistake is bribing kids’ behavior with money. I think there’s a difference between bribing and rewarding,” Fitzpatrick says in the article. “The parents’ responsibility is to teach. It’s about teaching the importance of finances. It’s about teaching the importance of saving, when it’s appropriate to spend, and if you do spend, what does that mean in the future that you can’t have.”

Madueno says that for families who may not be able to afford to give their children a regular allowance, there are other viable ways to teach kids healthy money habits.

“Not every household can give an allowance, but every household can be transparent,” he is quoted in the article. “Like, when they’re grocery shopping, I’ve had parents help kids clip coupons with them and show how they save at the grocery store. Every family shops for food.”

Read the entire article on Abridged.