Where Does Money Travel?
When your child works with a piece of money, the odds are pretty good that the money already has seen its fair share of the world, with your child’s piggy bank, wallet or purse just one stop among dozens on…
5 Reasons Your Child Needs To Spend
Saving has a rather ironic purpose: Your kids do it so that, at some point, they can spend. This activity has some big benefits, not only for your children’s money-education, but also for their personal and social awareness. 1) To…
5 Things Your Child MUST Understand About Debt
As any seasoned parent will tell you, it doesn’t take kids very long to start asking for stuff. Eventually, they’ll learn that some things cost more money than they have. Most caregivers make the best suggestion of saving up for…
4 Activities to Help Kids Tell the Difference Between Coins
Before your child can perform any other money task, he has to be able to tell which pieces of currency are which. For coins, there are a few fun activities that can make the size, color, image and value easier…
What Your Child Should Know About Pawn Shops
If your child watches TV, the odds are pretty good that he’s seen at least one commercial for a pawn shop. In fact, because of how these businesses market themselves, he might even be more curious about them than other…
Money and Ownership: Getting Kids to Understand the Link
Small kids who don’t understand money often take small items off shelves in stores—many small toys and candies, for example, are easy for a child to put into their pocket in a blink as you pay your bill at the…
4 Core Concepts for Teaching Kids How to Tip
Tipping is something your kid will see you do on a regular basis, and eventually, he’ll wonder not only why you do it, but how. These are the four core concepts you should emphasize as you educate him on tipping…
How to Help Your Child Pick a Charity
Getting your child to give to charity is a great way to instill a sense of compassion and generosity, but the simple fact there are so many different charities out there makes selecting the right one a bit daunting. These…
bankaroo now supports the South African rand
Thanks to our member Dave, bankaroo now supports the South African Rand. Look for it in the kids’ account settings. If you are in need of additional currency support, please contact us.
Why Parents Need to Be on the Same Financial Team
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…