Financial experts almost unanimously laud teaching kids how to tell the difference between “wants” and “needs”. The trouble is, they often stop their advice there, failing to give parents and caregivers some basic strategies that will help children make 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…
A major goal in teaching kids to be responsible with money is getting them to control how much they spend. If they can do this, budgeting is much easier, and the risk that they’ll get into debt dramatically decreases. These…
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…
A few weeks ago we had the pleasure of presenting bankaroo at the SpiritVienna event. You can see our session below and all the other sessions here.
Eventually, kids either want or have to start earning additional money outside of the home. In the United States, this is usually when they are somewhere between the ages of 15 and 18 years old. A number of strategies can…
That kids need to learn about money is somewhat of a given. Not all parents and caregivers are clear about when they should start teaching their kids the basics, however. These signs may signal that your child is capable of…
Eventually, you’ll want your child to move away from a basic piggy bank and explore working with a regular bank. These are the key points you’ll want to touch on as your child gets ready to open his first account….
Exciting news! We are presenting at the upcoming event “Silicon Valley meets Vienna“. Danielle and Etay will give a session about bankaroo and how to innovate with kids.
As kids grow up and start to use money, they gain some distinct, personal perceptions of assets, which become part of how they define what money is and means. Often, the perception includes the idea that it’s possible to tell…