If you’re a parent or caregiver who’s been feeling about 15 minutes late for everything and just a screw short of personal daily assembly, teaching kids about money at home can be a logistical challenge. Today’s schools understand this, and fortunately, many of them are including finance in their curricula, knowing how money connects to […]
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The bankaroo story on Jweekly
bankaroo for schools, kids & money, money & technology, teach kids about money, Uncategorized, Update, updates
Check out the latest press on bankaroo. “…This story begins with an all-too-familiar family scenario: a child and her parent arguing over money. In this case, then-10-year-old Dani Gafni and her father, Etay, are at a video game store, quibbling over whether he’d paid the allowance she thought he owed her for washing his car. […]
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Kids’ Mystery Solved: What Exactly Is “Work Ethic”?
Chores, Community, kids & budget, Kids Allowance
When you’re a kid, you might get some money from gifts or a regular allowance. This cash is important for learning how to save and make smart buys. Eventually, though, the things you need or want probably will cost more than the amount of money you’re given. When this happens, your parents likely will encourage […]
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5 Reasons Why Kids Need Bankaroo in Their Schools
Education, kids & budget, kids & money, money & technology, teach kids about money
If you’re a parent or caregiver who’s been feeling about 15 minutes late for everything and just a screw short of personal daily assembly, teaching kids about money at home can be a logistical challenge. Today’s schools understand this, and fortunately, many of them are including finance in their curricula, knowing how money connects to […]
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What to Say When Your Kids Ask You For A Loan
kids & budget, kids & money, Kids Allowance, kids savings, teach kids about money
When kids just need a little bit of extra money or don’t qualify for loans on their own, they typically go to the Bank Of Mom And Dad somewhat by default. This shouldn’t necessarily be a habit, but if you handle the situation properly, it can be a great way for you to teach them […]
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7 Ways to Make Your Kids More Financially Independent
Education, kids & budget, kids & money, Kids Allowance
Ideally, kids grow up to make good money decisions, working with funds without relying on anyone else. Getting them to this point takes work, however. These methods can lay a solid foundation for your kids’ financial independence. 1) Make your money tasks a routine part of your schedule. Kids are masters of imitation. Whatever […]
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With summer quickly approaching – The Top 5 Things About Money to Teach Your Child at a Fair or Carnival
Activity, Community, Education, Events, Make money, teach kids about money
With summer quickly approaching, carnivals and fairs soon will be setting up all over the globe. You might not think they have much to teach your child about money, but in reality, these venues can be perfect for getting basic financial ideas across in a very short amount of time. These are the top five […]
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Online Auctions: Are They Safe for Kids, and What Should You Teach?
kids & budget, money & technology, teach kids about money
Vendors and individuals both are selling items through online auctions in droves. Whether to let your child take part in these auctions is something you need to think through carefully, weighing the pros and cons. Concerns Online auctions typically require your child to provide some personal information. For instance, he likely will need to provide […]
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How Much Allowance Is Too Much?
Education, kids & budget, Kids Allowance
The issue of whether to give your child an allowance likely will continue to be controversial into infinity, but if you’re a parent or caregiver who has already crossed into the “I’m going to do it” camp, there are still questions left to answer. The biggest, by far, is how much allowance is too much. […]
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Foster Kids: How to Ensure They Still Get a Financial Education
Chores, Community, give to charity, kids & budget, Kids Allowance, teach kids about money
Foster children have very specific needs when it comes to learning about finance because they typically don’t have the same resources available to them that biological kids in stable homes do. These children shouldn’t be left by the wayside. Foster children often come from homes where money was scarce or the source of conflict. They […]