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,…
When kids don’t have much of their own to sell, one of the best options for earning some cash is to make craft items, which they then can sell at church bazaars, community fairs and other events. The key is…
Even if your child doesn’t ask for much, there likely will come a point when he asks you for something that’s a little out of your reach financially. When this happens, it’s not the best route to jump and say…
Per Susan’s (our member from Hong Kong) request, we added support for Hong Kong Dollar across the web and mobile apps. You can select it when creating or editing the kids’ accounts. Please keep sending us ideas how to improve…
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…
Ask any parent or caregiver or parent what they want most for their kids, and you’ll likely get a generalized answer something along the lines of “I just want the best.” (A variation of this that appears with great frequency…
When it comes to money, it’s not unusual for one parent to feel a little less experienced or skilled, or for one parent to have more time for financial education lessons. Even so, it’s well worth ironing out these wrinkles…
Saving is one of the first financial lessons that kids learn, and many experts promote the idea that the earlier children can start putting money aside, the better off they’ll be. The logical progression from this idea is usually to…
For today’s kids, having a cell phone is more than normal. The devices let children connect with parents not only in emergencies, but also for everyday events, such as reminding each other about an after school practice or finding each…
Financial experts everywhere stress the importance of teaching kids how to budget, but they often fail to point out that doing this requires your child to learn about and understand two basic concepts: gross and net income. These two elements…