Pay bills with your kids watching. Monkey see might not always equal monkey do as much as you’d like with your children, but kids do follow examples they witness. Show them how you pay a bill manually as well as…
There’s no debate that assigning chores to kids is a lifesaver for getting things done around the house and giving children some time direction. Less clear is the relationship between chores and financial education for kids. Although kids might gripe…
We are excited to let you know that we recently updated the bankaroo service (Web and Mobile) to include these new features: 😎 Edit goals – you can now change a goal you already set-up! Set icons for a goal,…
It’s no secret that, as adults, most people need to earn money through one or more jobs in order to make ends meet. The trouble is, people need to have a sense of what it’s like to work and manage…
Giving a child an allowance is a good way to provide a financial education while giving her some independence. How much, when and how parents and caregivers should provide an allowance are always confusing issues. How you treat and implement…
“Mommy, can you buy me this?” Inevitably, every child in a store says it. Each time this happens is a killer chance to teach kids about money. As a parent or caregiver, it’s your job to jump at this opportunity….
Part of teaching kids about money is showing them how to spend responsibly. Even so, teaching about spending is only half of the finance education picture. The other half is teaching about saving. Debt Avoidance Learning about saving is important…
Money isn’t necessarily most important in life, but it is necessary to get through living. Eventually, children need to learn this and incorporate money skills into their activities and planning. Parents and caregivers play a major role in teaching kids…
The modern world is a web of things for sale, and marketers all do their best to make people think buying is necessary. At the same time, there is social pressure to “keep up with the Joneses.” In this whirlwind…
Danielle was featured in the Menlo Park Patch! Young Mensa member designed “bankaroo” to help kids learn how to manage their money. By Vanessa Castañeda Danielle Gafni, 11, was at the store with her dad and saw something she wanted. Naturally, she…