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 […]
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. […]
Should Your Kids Shop Online?
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 […]
Money Smarts: Why You Should Teach Your Kids About Customer Service
Chores, Education, kids & budget, kids & money, Make money, money & technology, teach kids about money, Uncategorized
Once your child has money of their own from an allowance, doing chores or holding down a basic job, it’s critical that they use a variety of strategies to save and make the most of their income. Customer service is an area many parents overlook talking to their kids about, but including it in your […]
4 Tips to Keep Your Kids from Physically Losing Their Money
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. […]
Should Your Kid Get a Job?
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 […]
The Top 10 Features Your Kid’s Savings Account Should Have
kids & budget, kids & money, Kids Allowance, kids savings, money & technology, teach kids about money
With so many banks in business, not all savings accounts are created equal, especially when it comes to kids. To get a good arrangement, you’ll need to shop around with your child. The exact features you sign up for can vary depending on your situation, but these specific elements are particularly good to grab if […]
7 Signs Your Child Might Have a Shopping/Spending Addiction
The phrase “spending addiction” might conjure up images of adults happily swiping credit cards and swimming in bags of merchandise, but the reality is that kids make up an increasing percentage of addiction cases. If you see these warning signs in your kids, it might be time to have a heart to heart about their […]
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 […]
8 Tips for Keeping Your Kids Safe When Banking or Shopping Online
Internet banking and shopping can be incredibly convenient for your kids, but it’s not always safe. Following these handy tips can reduce some of the risks. 1) Show your kids how to avoid unsecure networks. With access to tablets, smartphones and other Internet-ready mobile devices, it’s incredibly easy for them to hop on a […]