By now, your kids hopefully know some basic money facts, such as the value of specific coins or what a budget is. To keep them interested in learning even more, though, introduce them to these less commonly known money tidbits….
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,…
Most people think of ATMs when they think of machines that are most valuable for money-education, but coin sorting machines can be important, too. These machines are available at banks, as well as major department stores (usually near the service…
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…
Ideally, kids grow up to make good money decisions, working with funds without relying on anyone else. Getting them to this point takes work, however. These methods can lay a solid foundation for your kids’ financial independence. 1) Make…
A major goal in teaching kids to be responsible with money is getting them to control how much they spend. If they can do this, budgeting is much easier, and the risk that they’ll get into debt dramatically decreases. These…
When your child works with a piece of money, the odds are pretty good that the money already has seen its fair share of the world, with your child’s piggy bank, wallet or purse just one stop among dozens on…
A few weeks ago we had the pleasure of presenting bankaroo at the SpiritVienna event. You can see our session below and all the other sessions here.
Eventually, kids either want or have to start earning additional money outside of the home. In the United States, this is usually when they are somewhere between the ages of 15 and 18 years old. A number of strategies can…
Before your child can perform any other money task, he has to be able to tell which pieces of currency are which. For coins, there are a few fun activities that can make the size, color, image and value easier…