Teach Your Kids to Manage Money
Are you out of ideas on how to teach your children how to manage their money? I have 2 kids under 13 yrs old. I don’t like the idea of them carrying cash and neither do I want to pay $5 per month for fees for a transactional bank account nor have them accessing their long term savings. I want to be able to pay them for chores of which they can spend on what they desire, with the hope that they learn how to eventually make wiser decisions with the resources they have and try and be better manager of their cash. I think I found a solution I’m pretty happy with for $2.50 per month. The cards are cool and appealing to kids. I have peace of mind they are not going to squander away the long term savings I have diligently been putting aside for them. (I have another higher interest bearing account without a debit card.) And finally, I have a tool that I can teach my kids money management. This cool Debit Card is Spriggy!
I’d be interested to hear what you think of Spriggy. If you have any creative ways to teach your kids money management, please leave a note!
