The recent story from the Verge about “OLPC’s $100 laptop was going to change the world — then it all went wrong” brought back memories from 2013 when bankaroo was selected to be one of the pre-installed application on the computer and the tablet. We were, and still are, proud that we took part in […]
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 […]
bankaroo supports EdCamp Silicon Valley
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Bankaroo is proud to support EdCamp Silicon valley. An EdCamp is an unconference gathering of educators to talk about relevant issues and ideas that they deem important. We are looking forward to engaging with forward thinking educators and to provide bankaroo for school licenses as part of the event. You can learn more about EdCamp […]
5 Simple Money Goals for Young Kids
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Goal setting is super important when you’re teaching your child about finance—it keeps them focused, makes progress easier to measure and gives you the chance to offer praise and reward when they do well. You can set dozens of different goals for your child based on their age and abilities, but these are some of […]
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 […]
So…What’s Inheritance, Anyway?
Inheritance doesn’t just affect adults. It can affect kids, too. Knowing the basics of what inheritance is and how it works thus should be part of any child’s financial education. The Simple Definition Inheritance, in terms of finance, is something that another person arranges for you to have after they die, or which you […]
7 Tips to Help Your Kids Give More During the Holidays
No matter where you live in the world, the holiday season—generally seen as November through December—provides a great opportunity for your kids to learn about charitable giving. The trouble is, many families are facing increasingly tight budgets, which can put a serious crimp in your children’s plans to help out. With a little planning, it’s […]
Coin Sorting Machines: Don’t Underestimate Their Value In Money Education!
Most people think of ATMs when they think of machines that are most valuable for money-education, but coin sorting machines can be important, too. These machines are available at banks, as well as major department stores (usually near the service desk). How do coin sorting machines work? Basic coin sorting machines work mainly based on […]
How Separate Spend, Save and Give Banks Help Kids Build Money Savvy
For years, money gurus have asserted that, with help from parents, kids use separate spend, save and give banks with their money. Although the advice is sound, the experts who spout it rarely provide an explanation about why the technique works, let alone how it concretely connects to their financial savvy later in life. Here’s […]
What Your Child Should Know About Pawn Shops
If your child watches TV, the odds are pretty good that he’s seen at least one commercial for a pawn shop. In fact, because of how these businesses market themselves, he might even be more curious about them than other financial institutions he’s more likely to use long term, such as a bank. Going over […]