The phrase “spending addiction” might conjure up images of adults happily swiping credit cards and swimming in bags of merchandise, but the reality is that kids make up an increasing percentage of addiction cases. If you see these warning signs…
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…
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, you’ll want your child to move away from a basic piggy bank and explore working with a regular bank. These are the key points you’ll want to touch on as your child gets ready to open his first account….
As you teach your child about money, the odds are good that you’ll talk about specific financial tasks that a professional can help with. These are excellent opportunities to introduce your child to finance-related jobs. Bank teller. Bank tellers help…
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,…
Great business ideas don’t just come from adults—more and more kids are getting their feet wet in entrepreneurship with big success. As your children see these models, these are the most important things you need to tell them. Being a…
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…