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kids & budget

Will Your Child Be Stuck in Your Family’s Income Bracket Forever?

If you’re like most parents, a major goal when it comes to your kids and money is simply to ensure, by whatever means possible, that your children are a little better off financially than you were. In other words, you…

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kids & money

How Much Should Your Kids Be Spending?

Around the world, financial experts are in agreement that, because of both inflation and financial concerns such as an increasingly competitive job market, saving is more important to kids than ever before. With this in mind, all eyes are on…

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Kids Allowance

Should Professionals Teach Kids About Money?

The need to teach kids about money is a fact rather than debate. What is debatable, however, is who should be doing the bulk of the teaching. Many people say that financial education is best left to the experts, while…

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Chores

Allowance Alternatives for Your Kids

Allowances are one of the most hotly debated elements of financial education for kids. In one corner, parents advocate them, because having real money available can make it easier for children to save, spend, give to charity and learn basics…

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money & technology

The Role Tradition Plays in Financial Literacy

With technology pumping out new gadgets a mile a minute and regulations changing by the second, it’s easy to think that financial literacy is never truly grounded in the traditional. This isn’t quite the case, however—the way people handle money…

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Community

Announcing the new, sleekly redesigned Bankaroo 3.0 – A fun, kid-friendly way...

As you might remember, Bankaroo started as a family project in 2011. When Danielle first designed Bankaroo, she was 11 years old, and the service was aimed for 5 – 12 year old kids. Since then, it has grown into…

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kids savings

Smart Gifts for Teaching Kids About Money

Gifts have long been a way to show some affection to another person, and most parents and caregivers can’t help but want to shower their kids with special things. All too often, though, all those gifts do is end up…

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kids & budget

Does Teaching Kids About Money Require Money

With study after study showing that the majority of kids are woefully behind in terms of understanding and applying financial concepts, it’s no surprise that parents are looking for ways to teach their kids about money. That said, not everyone…

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Chores

The Work-to-Reward Perspective for Kids

When kids are really young, their idea about how to get money is pretty simple, not to mention misguided: Run out of cash? No worries! Just go to the bank! Don’t have enough money to pay for something you want?…

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kids & budget

Should Kids Get Credit Cards?

Money makes the world go ‘round, or so the saying goes. In modern society, though, you have to tweak that saying a bit. It’s more like plastic makes the Earth keep rotating. With technology becoming more and more integrated into…

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