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kids & budget

Online Auctions: Are They Safe for Kids, and What Should You Teach?

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…

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kids & money

bankaroo now supports the South African rand

Thanks to our member Dave, bankaroo now supports the South African Rand.   Look for it in the kids’ account settings. If you are in need of additional currency support, please contact us.  

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Education

What to Say If You Can’t Afford What Your Child Wants

Even if your child doesn’t ask for much, there likely will come a point when he asks you for something that’s a little out of your reach financially. When this happens, it’s not the best route to jump and say…

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Education

Top Books for Teaching Kids About Money

Kids need the opportunity to learn about money by doing—that’s a given. Even so, books provide a terrific way for you to get the ball rolling and to introduce the financial things you’d like to talk about or do with…

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Update

bankaroo supports Hong Kong Dollar

Per Susan’s (our member from Hong Kong) request, we added support for Hong Kong Dollar across the web and mobile apps. You can select it when creating or editing the kids’ accounts. Please keep sending us ideas how to improve…

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Education

How Much Allowance Is Too Much?

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…

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kids & budget

Why Giving Second Best Might Help Your Kids Financially

Ask any parent or caregiver or parent what they want most for their kids, and you’ll likely get a generalized answer something along the lines of “I just want the best.” (A variation of this that appears with great frequency…

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Education

Is Your Child Learning the Wrong Financial Lesson at School Lunch?

In most cases, lunchtime is hardly newsworthy. It goes off like clockwork, and at the end of munching, the kids’ bellies are full and they (most likely) go back to bouncing off the walls with energy. Lately, though, school lunch…

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Events

Happy New Year from bankaroo!

We had an amazing year thanks to your support, suggestions and love! Some key 2013 milestones: partnered with many organizations, such as OLPC and Microsoft Partner In Learning as well as many schools and educators, bringing financial education to families…

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Education

Why Parents Need to Be on the Same Financial Team

When it comes to money, it’s not unusual for one parent to feel a little less experienced or skilled, or for one parent to have more time for financial education lessons. Even so, it’s well worth ironing out these wrinkles…

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