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kids & budget

What NOT to Say to Kids About Money

When you teach your kids about money, a lot of your effectiveness comes from how you deliver your messages. Overall, what you say should be positive, but there are a few phrases that routinely slip out of parents’ mouths. Here…

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kids & money

How Much Money Control Should Parents Have?

In teaching kids about finance, the assumption most parents make is that they, not the children, need to be in the driver’s seat. Although this isn’t entirely false, you might want to think twice about never handing over the keys….

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kids & budget

Ways Your Kids Can Be More Economical Around the House

In the modern consumer society, more goods and foods are produced every minute than ever before. This holds a high note of promise for quality of living, but the reality is, people in many areas—the United States in particular—are hardly…

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kids & budget

How School Financial Crunches Affect Your Kid’s Back-to-School Spending

With a new school year almost upon you, hopefully you’ve already given some thought to what your kid might need for his next round of academics. If you’ve really been on top of it, you’ve already talked to your child…

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money & technology

bankaroo is now available in the Amazon App Store!

As you know, the Amazon Kindle is a great device for kids education and we are excited to announce that the bankaroo app is now live on the Amazon app store. Please visit the Amazon App Store, download the app  and help us…

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kids & budget

The Right Way to Make Change

With all the conveniences of the modern world, the vast majority of financial transactions now occurs on a digital platform. People use ATMs to get or deposit funds, for example, and they routinely turn to the Internet to make purchases…

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kids & budget

The Psychology of Kids’ Spending

When it comes to buying, putting down money isn’t just about what you need. It’s also about want you want, and the reasons behind those wants can be extremely complex, fulfilling multiple psychological needs. This doesn’t just apply to adults—kids…

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kids & budget

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…

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Chores

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…

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Chores

Foster Kids: How to Ensure They Still Get a Financial Education

Foster children have very specific needs when it comes to learning about finance because they typically don’t have the same resources available to them that biological kids in stable homes do. These children shouldn’t be left by the wayside. Foster…

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