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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bankaroo supports EdCamp Silicon Valley
bankaroo for schools, bankaroo for schools, Education, Events, give to charity, teach kids about money, Update
Bankaroo is proud to support EdCamp Silicon valley. An EdCamp is an unconference gathering of educators to talk about relevant issues and ideas that they deem important. We are looking forward to engaging with forward thinking educators and to provide bankaroo for school licenses as part of the event. You can learn more about EdCamp […]
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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 Basics for Kids: The Reasons Why You Should Save
Activity, kids & money, kids savings
You’ve probably heard it from mom and dad a thousand times: “You should save your money!” If your parents are not clear on exactly why saving is so important, though, here’s a breakdown of some of the major reasons you should listen to their advice. Saving lets you eventually buy things you might not have […]
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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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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 […]
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Why Do Stores Have Sales?
Activity, Events, kids & budget, teach kids about money
Sales can be amazing events that let kids get the most out of the little money they have. Exactly why stores go through these events can be confusing, however—after all, isn’t a business losing out if they sell stuff at lower rates? Here’s how you can explain the purpose of the discounts. What Companies […]
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7 Tips to Help Your Kids Give More During the Holidays
Activity, Community, give to charity, kids & budget, teach kids about money
No matter where you live in the world, the holiday season—generally seen as November through December—provides a great opportunity for your kids to learn about charitable giving. The trouble is, many families are facing increasingly tight budgets, which can put a serious crimp in your children’s plans to help out. With a little planning, it’s […]
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5 Questions to Help Your Kids Tell a “Need” From a “Want”
Activity, Education, kids & budget, money & technology, teach kids about money
Financial experts almost unanimously laud teaching kids how to tell the difference between “wants” and “needs”. The trouble is, they often stop their advice there, failing to give parents and caregivers some basic strategies that will help children make independent purchase choices. These questions can point your kids in the right direction and get them […]