Even though money can look very different from country to country, generally speaking, there are distinguishing features that make each bill or coin unique. These features aren’t something your kids should ignore. These are just some of the design elements you can point out to your kids: Country Name—This element tells your child where the […]
bankaroo - the virtual bank for kids
Danielle started bankaroo when she was 11 years old. A Big sister, honor student, Karate expert and video games player/designer. Loves video games (dah!), art and reading.
A husband, a proud father and entrepreneur at heart. Built several startup companies over the years and always trying to work on things that would benefit the world.
bankaroo started as a family project in 2011. Today we have tens of thousands of members from more than 70 countries around the globe. We rely on our members’ support to help us make the service better.
How to Introduce Your Kids to Charity Work
Even though your kids will love to spend their money on themselves, their funds also can pave the way for something that is priceless—the experience and self-gratification that comes from giving to others. With a little effort, you can ease your youngsters into charity work and donation in a way that feels natural to them […]
Money Smarts: Why You Should Teach Your Kids About Customer Service
// Chores, Education, kids & budget, kids & money, Make money, money & technology, teach kids about money, Uncategorized
Once your child has money of their own from an allowance, doing chores or holding down a basic job, it’s critical that they use a variety of strategies to save and make the most of their income. Customer service is an area many parents overlook talking to their kids about, but including it in your […]
Money Goals for Kids of Different Ages
As a money-conscious parent, you know how important it is to teach your kids about finance, and that the process of doing this takes years. Still, with so many topics to cover, many parents are a little lost about when they should be teaching what. The general guideline is that you stay relatively concrete until […]
4 Tips to Keep Your Kids from Physically Losing Their Money
If you’ve already got your kids working with money (good for you!), a big challenge is getting them to keep track of their funds on paper. Getting them to keep track of the money physically can be just as tough, however, and most parents need a few strategies for preventing the cash from accidentally disappearing. […]
Should Your Kid Get a Job?
To learn about and manage money well, it’s extraordinarily helpful to have a reliable income. For young kids, that income might come from an allowance or doing chores around the house. Once your kids are older, however, a regular job might be more advantageous. These questions can help you and your child to determine whether […]
Should You Let Your Child Set HUGE Savings Goals?
Setting savings goals is a basic task you’ll want your kids to do as they learn about money. Just how big those goals should be isn’t set in stone, however, and parents often question whether big goals are worth it. Big Savings = Yes! Big Goals, Big Vision If your child saves only a small […]
Should You Reward Your Kids’ General Good Behavior with Money?
For years, financial gurus have been divided about whether to use money with kids as a reward for things like good grades. They’re not any more unified about whether it’s okay to fork over some bills or change forgeneral good behavior, such as using table manners. If you’re on the fence about this issue, it’s […]