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Uncategorized

What is the Best Way to Set Up an Allowance for Your Children?

An allowance is a very influential way to teach children about money and the first exposure they will have with receiving and earning it. We explained in ‘4 Steps to Teach Kids About Money’ how it’s important for children to learn about…

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bankaroo for schools

Ways to use Bankaroo in schools

If you’re a parent or caregiver who’s been feeling about 15 minutes late for everything and just a screw short of personal daily assembly, teaching kids about money at home can be a logistical challenge. Today’s schools understand this, and…

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bankaroo for schools

The bankaroo story on Jweekly

Check out the latest press on bankaroo. “…This story begins with an all-too-familiar family scenario: a child and her parent arguing over money. In this case, then-10-year-old Dani Gafni and her father, Etay, are at a video game store, quibbling…

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Chores

Kids’ Mystery Solved: What Exactly Is “Work Ethic”?

When you’re a kid, you might get some money from gifts or a regular allowance. This cash is important for learning how to save and make smart buys. Eventually, though, the things you need or want probably will cost more…

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Education

5 Reasons Why Kids Need Bankaroo in Their Schools

If you’re a parent or caregiver who’s been feeling about 15 minutes late for everything and just a screw short of personal daily assembly, teaching kids about money at home can be a logistical challenge. Today’s schools understand this, and…

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kids & budget

What to Say When Your Kids Ask You For A Loan

When kids just need a little bit of extra money or don’t qualify for loans on their own, they typically go to the Bank Of Mom And Dad somewhat by default. This shouldn’t necessarily be a habit, but if you…

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Education

7 Ways to Make Your Kids More Financially Independent

Ideally, kids grow up to make good money decisions, working with funds without relying on anyone else. Getting them to this point takes work, however. These methods can lay a solid foundation for your kids’ financial independence.   1)    Make…

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Activity

With summer quickly approaching – The Top 5 Things About Money to Teach...

With summer quickly approaching, carnivals and fairs soon will be setting up all over the globe. You might not think they have much to teach your child about money, but in reality, these venues can be perfect for getting basic…

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kids & budget

Online Auctions: Are They Safe for Kids, and What Should You Teach?

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…

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Education

How Much Allowance Is Too Much?

The issue of whether to give your child an allowance likely will continue to be controversial into infinity, but if you’re a parent or caregiver who has already crossed into the “I’m going to do it” camp, there are still…

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