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 […]
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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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Should Your Kids Shop Online?
Education, kids & budget, kids & money, Kids Allowance, kids savings, money & technology
Adults routinely use the Internet to buy everything from rice to used cars, but kids are discovering how easy it is to purchase goods online, too. As a parent or caregiver, you’ll need to decide whether to let your children visit the millions of cyber aisles available, looking at both the pros and cons online […]
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Integrating Bankaroo for Schools into Classroom Economics
Chores, Community, Education, kids & budget, teach kids about money
Just as parents look for great resources to teach kids about personal finance, educators are searching for tools they can use to help students grasp economics in a broader scope. Bankaroo has set out to address this and now is incredibly easy—and affordable!—to integrate into your school. What Is Economics? Economics is a science that […]
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5 Simple Money Goals for Young Kids
Education, give to charity, kids & budget, kids & money, kids savings, money & technology, teach kids about money
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 […]
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bankaroo story in the YE! (Young Entrepreneur Community)
Activity, Community, Education, money & technology, teach kids about money, Uncategorized, Update, updates
“Just knowing that something I, a teenager, made could affect anyone really makes me feel like I did something good.” As posted on EY! Blog by philip@childfinance.org Ye! is a platform for entrepreneurs aged 16 to 30. But some people just don’t wait to be 16 to get started! Danielle Gafni from the United States is one such […]
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Money Goals for Kids of Different Ages
Chores, kids & budget, Kids Allowance
As a money-conscious parent, you know how important it is to teach your kids about finance, and that the process of doing this takes years. Still, with so many topics to cover, many parents are a little lost about when they should be teaching what. The general guideline is that you stay relatively concrete until […]
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4 Tips to Keep Your Kids from Physically Losing Their Money
Education, kids & budget, kids & money, kids savings, teach kids about money, Uncategorized
If you’ve already got your kids working with money (good for you!), a big challenge is getting them to keep track of their funds on paper. Getting them to keep track of the money physically can be just as tough, however, and most parents need a few strategies for preventing the cash from accidentally disappearing. […]
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Should Your Kid Get a Job?
Activity, Chores, kids & budget, kids & money, Kids Allowance, Make money
To learn about and manage money well, it’s extraordinarily helpful to have a reliable income. For young kids, that income might come from an allowance or doing chores around the house. Once your kids are older, however, a regular job might be more advantageous. These questions can help you and your child to determine whether […]