Does Your Child Have a Money Vision?
Much of what you will focus on in your child’s money education is “nuts and bolts” or “how to” stuff, such as teaching your child how to read a bank statement. There is another part of money education that gets…
Why Your Child Needs a Summer Job
Parents still heavily debate whether kids should work during school, with some people thinking that the experience and financial improvements gained from the work is worth the slight dip in grades that might happen. In the summer, kids no longer…
Will Your Child Be Stuck in Your Family’s Income Bracket Forever?
If you’re like most parents, a major goal when it comes to your kids and money is simply to ensure, by whatever means possible, that your children are a little better off financially than you were. In other words, you…
How Much Should Your Kids Be Spending?
Around the world, financial experts are in agreement that, because of both inflation and financial concerns such as an increasingly competitive job market, saving is more important to kids than ever before. With this in mind, all eyes are on…
Should Professionals Teach Kids About Money?
The need to teach kids about money is a fact rather than debate. What is debatable, however, is who should be doing the bulk of the teaching. Many people say that financial education is best left to the experts, while…
Allowance Alternatives for Your Kids
Allowances are one of the most hotly debated elements of financial education for kids. In one corner, parents advocate them, because having real money available can make it easier for children to save, spend, give to charity and learn basics…
The Role Tradition Plays in Financial Literacy
With technology pumping out new gadgets a mile a minute and regulations changing by the second, it’s easy to think that financial literacy is never truly grounded in the traditional. This isn’t quite the case, however—the way people handle money…
Announcing the new, sleekly redesigned Bankaroo 3.0 – A fun, kid-friendly way...
As you might remember, Bankaroo started as a family project in 2011. When Danielle first designed Bankaroo, she was 11 years old, and the service was aimed for 5 – 12 year old kids. Since then, it has grown into…
Smart Gifts for Teaching Kids About Money
Gifts have long been a way to show some affection to another person, and most parents and caregivers can’t help but want to shower their kids with special things. All too often, though, all those gifts do is end up…
Does Teaching Kids About Money Require Money
With study after study showing that the majority of kids are woefully behind in terms of understanding and applying financial concepts, it’s no surprise that parents are looking for ways to teach their kids about money. That said, not everyone…