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What is a Good Age to Start Encouraging Kids To Save Money?

By: Alecia Carroll Being a parent means always wanting what’s best for your children. But here, the best doesn’t always mean the best toys or the best clothes. This most likely means that you want to lay the foundation on…

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Should You Let Your Child Set HUGE Savings Goals?

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….

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bankaroo supports EdCamp Silicon Valley

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…

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Education

5 Simple Money Goals for Young Kids

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…

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Education

How to Introduce Your Kids to Charity Work

Even though your kids will love to spend their money on themselves, their funds also can pave the way for something that is priceless—the experience and self-gratification that comes from giving to others. With a little effort, you can ease…

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give to charity

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…

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7 Tips to Help Your Kids Give More During the Holidays

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…

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Education

Coin Sorting Machines: Don’t Underestimate Their Value In Money Education!

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…

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How Separate Spend, Save and Give Banks Help Kids Build Money Savvy

For years, money gurus have asserted that, with help from parents, kids use separate spend, save and give banks with their money. Although the advice is sound, the experts who spout it rarely provide an explanation about why the technique…

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Education

What Your Child Should Know About Pawn Shops

If your child watches TV, the odds are pretty good that he’s seen at least one commercial for a pawn shop. In fact, because of how these businesses market themselves, he might even be more curious about them than other…

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