Small kids who don’t understand money often take small items off shelves in stores—many small toys and candies, for example, are easy for a child to put into their pocket in a blink as you pay your bill at the…
Tipping is something your kid will see you do on a regular basis, and eventually, he’ll wonder not only why you do it, but how. These are the four core concepts you should emphasize as you educate him on tipping…
These days, the reigning way to pay is with plastic, but which is better for your kids? Figuring that out requires you to understand how these two types of cards are different. Borrowed vs. Personal Funds With a debit card,…
Without an understanding of how their personal money habits connect to the broader economy, it’s much harder for kids to grasp where control of funds really is and why financial events occur. At a minimum, you should cover these seven…
When kids don’t have much of their own to sell, one of the best options for earning some cash is to make craft items, which they then can sell at church bazaars, community fairs and other events. The key is…
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.
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…
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…
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…
As Christmas approaches, it’s very easy for kids to get wrapped up in getting rather than giving. This gives you a hidden chance to expand an important lesson in their financial education: generosity. This is easy to do if you…