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  • BANKAROO – AHORA EN ESPAÑOL

    CATEGORY: Update, updates

    We are happy to announce that Spanish support was added to bankaroo today.       Use the application menu to select the language you want to use.    

  • BANKAROO LOCALIZATION – THE MISSION CONTINUES…

    CATEGORY: Community, teach kids about money, updates

    Our localization project is going well. We hope to go live in time for our 1st birthday party. We would be happy to include more languages, so check out Danielle’s latest ‘mission briefing’ video: So far we have translations for the following languages: Bulgarian Dutch French German Hebrew Italian Chinese (Mandarin) Norwegian Russian Spanish Contact us if you can help!  

  • SERVICE UPDATE – NEW FEATURES – IPAD APP – RECURRING PAYMENTS

    CATEGORY: Kids Allowance, kids savings, teach kids about money, updates

    Thanks to feedback from Ryan, Toney, Danielle and Karen, we are happy to announce that we just released a few fixes and new features. The iPad App was updated to use bigger text to help young readers.   In addition, we updated the “Use funds / Recurring” feature to include an end date, or number of occurances. This is very useful for memberships and savings goals. We also fixed some bugs and improved performance. Next big thing – invite additional family members to your account. This new capability (just in time for the holidays) would help you to include family members in the education of your kids + manage all the money-gifts they may receive. No more cash and quick… Read More →

  • NEW!! BANKAROO APP FOR ANDROID + A NEW TUTORIAL

    CATEGORY: Community, teach kids about money, updates

    The bankaroo App for Android is available for FREE! We are so excited to announce the new amazing and long anticipated bankaroo App for Android. Thank you to all our members who helped us testing it. Use the bankaroo mobile app to keep track of your kids’ balance on the go, add and use funds anywhere you are! = Sign up and login to the bankaroo service = Create and manage kids’ accounts = Add funds to kids’ accounts = Set kids’ allowance = Log usage of funds = Set and manage saving goals = Add cool icons to goals = Review goals and saving status = Earn cool badges = Review upcoming activities = Review past activities = Teach… Read More →

  • WATCH OUT! WAYS KIDS GET DEFRAUDED

    CATEGORY: money & technology, teach kids about money

    Scammers have been around since…well, pretty much since the time people had anything they thought was valuable. Modern scammers don’t just target adults to get money. They go after kids, too. To teach your child how to avoid fraud, you first have to grasp ways companies and individuals trick your kid into spending more than she typically would. Identity Theft People are targeting kids for identity theft in numbers that rival cases of adult ID theft, and with good reason: Unlike adults, kids aren’t always doing business that involves credit bureau reporting or other major agencies. Subsequently, it may be months or even years before parents or caregivers discover there is a problem. You can help your child by avoiding… Read More →

  • BANKAROO IN YOUR LANGUAGE – CALL FOR TRANSLATORS!

    CATEGORY: Community, teach kids about money, updates

    Families from more than 30 countries are using bankaroo to teach their kids about money and making smart financial decisions. We are announcing a new project, “bankaroo in your language“, to localize the bankaroo application to as many languages as our community members speak.     We did all we can in the back-end and are using the right technologies to support it, and it is time to ask for your help. We are looking for volunteers (parents and kids) to help us translate the user interface of the bankaroo application to their native language. If you are interested, fill out the form bellow, or forward to someone you know. Together we can complete it by the end of the summer. We are… Read More →

  • BANKAROO AVATARS

    CATEGORY: updates

    Many of you already customized your kids’ avatars by uploading an image – using the website. But for friends like Richie, who are using the mobile App, it was not clear how to do so. (Thank you Richie for your feedback and helping us with this great idea). We are happy to let you all know that we’ve updated the website and the mobile Apps to include cute new avatars you can choose from. If you would like to upload your own image, you can do that on the bankaroo website. So – go ahead, update your kids’ profile with a cute avatar or their gorgeous photo.    

  • MOBILE APPS: THEY’RE FOR KIDS’ MONEY EDUCATION, TOO

    CATEGORY: kids & money, kids savings, money & technology, teach kids about money

    With technology the wheel that keeps businesses spinning, evidence shows there’s a foundation for mobile applications to make a big effect on kids, too. A 2011 study of mobile technology in Egypt, Japan, India and Paraguay by GSMA and NTT DOCOMO’s Mobile Society Research Institute found that: 70 percent of kids own mobile phones Kids prefer texting applications when communicating with each other 40 percent of kids access the Internet via mobile phones 73 percent use mobile applications for social networking In other words, today’s kids understand how mobile devices and apps work—they’re especially focused on using them to stay connected. Money-savvy parents and guardians can tap into this fact when providing financial education for kids. As an example, let’s… Read More →

  • BANKAROO MOBILE FOR IOS – AN UPDATE IS COMING…

    CATEGORY: updates

    Great news! Apple is now reviewing the updated iOS application. Some upcoming updates: Facebook integration – post updates to your wall Add icons to goals Improved account settings Bug fixes (iPod Touch issues) Stay tuned.    

  • BUDGETING: WHY YOUR KID CAN’T AFFORD TO SKIP IT

    CATEGORY: kids & budget, kids & money, kids savings, teach kids about money

    Given everything you have to do as a parent or caregiver, including budgeting in financial education for children easily can slip to the back burner on your priority list. Even so, budgeting isn’t something to put on your child’s closet shelf for later. In fact, it’s one of the most basic financial skills your child should learn. Budgeting as a Foundation  Budgeting teaches skills such as money tracking and asset allocation. Associated with these skills are additional abilities such as critical thinking—children who budget have to make decisions about their money based on information they have at a given point. Other financial skills and tasks ideally are based off the budget. For example, your child needs to know how much… Read More →