Debit Cards for Kids
In days of yore, people paid cash for items and didn’t like the idea of getting into debt via credit. Enter modern America. These days, if someone pulls out cash, it’s almost against the cultural norm. Paying with plastic is…
Deciding How Much Money Your Child Can Access
Most things in personal or business finance are not as simple as they first appear. Deciding how much money your child can access is no exception. It’s a complex issue because no two children or family situations are alike, meaning…
Convenience: A Hidden Threat to Kids’ Cash
If you’re like most parents and caregivers, you’ve probably gone through the drive-thru once or twice, bought pop/soda at a gas station and even grabbed a quickie pre-made sandwich or Lunchable from your local grocery store. The thing all these…
4 Financial Messages Your Child Learns from TV
In a typical American household, the television can be on anywhere from two to eight hours a day. This makes TV a strong marketing tool not just for adults, but also for kids, who often watch TV out of boredom…
Store Tantrums: How to Respond So Your Child Stays Financially Strong
It happens to the best of caregivers and parents: Your child sees something he wants in a store, you give him an initial no, and he starts throwing a tantrum that would make a banshee blush. In those moments, it’s…
Virtual currencies and the point system on bankaroo
We got feedback and requests from users that love the bankaroo way of teaching kids how to budget, but don’t want to use money. We created 3 new currencies you can use: points, stars and hearts. You can now give points…
School has ended, the bankaroo adventure continues
Exciting day for the bankaroo team! Danielle just ‘graduated’ from Elementary School. So, how did we celebrate? Danielle presented bankaroo at the Venture Capital & Private Equity Roundtable in Palo Alto to a distinguished crowd of ~50 VCs and Private…
Retirement Saving: Showing Kids That 100 Percent of Income Isn’t Spendable
Lounging on the beach. Traveling. Sitting at home on the porch sipping homemade lemonade in perfect summer weather. These are the images of the American retirement dream. As parents and caregivers, it’s what we want not only for ourselves, but…
The Art of Bargaining and Price Negotiation for Kids
It happens every day. Kids see a price tag, shell out some cash or swipe a card, and don’t bother to think that maybe they could have gotten an item cheaper if they’d just asked. By showing your children that…
Shopping Addiction: Not Just an Adult Problem
Living in one of the most industrialized nations in the world, American kids are some of the world’s strongest consumers. For them, shopping is as commonplace as brushing teeth. Without proper financial education and guidance, some kids slip into the…