By: Alecia Carroll The concept of digital payment has gained much attention among youth in today’s digital world. Your teens are the most enthusiastic about a credit card once they hear you have received one. Teenagers are smart and techno-savvy;…
Setting savings goals is a basic task you’ll want your kids to do as they learn about money. Just how big those goals should be isn’t set in stone, however, and parents often question whether big goals are worth it….
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…
Adults routinely use the Internet to buy everything from rice to used cars, but kids are discovering how easy it is to purchase goods online, too. As a parent or caregiver, you’ll need to decide whether to let your children…
Once your child has money of their own from an allowance, doing chores or holding down a basic job, it’s critical that they use a variety of strategies to save and make the most of their income. Customer service is…
If you’ve already got your kids working with money (good for you!), a big challenge is getting them to keep track of their funds on paper. Getting them to keep track of the money physically can be just as tough,…
To learn about and manage money well, it’s extraordinarily helpful to have a reliable income. For young kids, that income might come from an allowance or doing chores around the house. Once your kids are older, however, a regular job…
With so many banks in business, not all savings accounts are created equal, especially when it comes to kids. To get a good arrangement, you’ll need to shop around with your child. The exact features you sign up for can…
The phrase “spending addiction” might conjure up images of adults happily swiping credit cards and swimming in bags of merchandise, but the reality is that kids make up an increasing percentage of addiction cases. If you see these warning signs…
Inheritance doesn’t just affect adults. It can affect kids, too. Knowing the basics of what inheritance is and how it works thus should be part of any child’s financial education. The Simple Definition Inheritance, in terms of finance, is…