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 an international company with thousands of members around the globe, and as the service has […]
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Watch out! Ways Kids Get Defrauded
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 […]
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bankaroo avatars
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 […]
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Charitable Giving: Why It Belongs In Kids’ Budgets
give to charity, kids & budget, kids & money, kids savings, money & technology, teach kids about money
When it comes to budgeting and kids, money-savvy parents and caregivers typically have a handle on teaching the basics: savings, income tracking, spending allocation, etc. Frequently left out of financial education for kids, however, is the concept of charity. Giving to a worthy cause should be part of budgeting for children not only for the […]
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Edit goals, add icons and more – online and on your mobile
kids & money, Kids Allowance, kids savings, teach kids about money, updates
We are excited to let you know that we recently updated the bankaroo service (Web and Mobile) to include these new features: 😎 Edit goals – you can now change a goal you already set-up! Set icons for a goal, and even search for the right icon to match your goal description Add a kid […]
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bankaroo mobile – now supports allowance setting
updates
Greetings bankaroo mobs! Thank you for your feedback and support – you asked for the option to set allowance from your mobile device, and we listened. We’ve just released an update to bankaroo mobile – setting allowance. The update is already working for the iOS app or the mobile app you are using, no need […]