Online Programs to Teach Kids About Money

Updated 12 months ago

Smart Money had a recent article about online programs to teach kids about money. Large banks are focusing less on kids accounts and in recent years there has been a dearth of new online games and programs. I have looked at but have not reviewed these sites.The article reviewed and has links to six sites: Three Jars, Zefty, MoneyTrail, PlayMoolah, KidsCash and KashPile Generally, these sites hare several common elements: They aren’t repositories- these site are like Mint.com, e-Wallet and other sites that allow you to put your info in and then see in pie charts and graphs. They are in most cases and according to one reviewer, online ‘allowance trackers.’They teach – PlayMoolah uses games to teach kids about earning, saving, spending and generally managing money. Games for earning, saving toward goals and practicing charity . Graphics entertained me. They track – these programs allow to set up chore schedules, financial goals like savings and giving . Making info about money and tracking systems online, like mom or dad manage their money, makes this timely and perhaps a great tool for your family. Even for parents intimidated by money, these kid-friendly tracking systems may be a great learning tool for you.They may sell- These sites are free and use commercials, ads, to offer their services. In the case of the online program KashPile, kids- with your permission- can buy things. KashPile, in fact refers to itself as a ‘shopping system’ to allow kids’ savings to be used on Amazon. You will want to review these sites carefully. But they do have pomise of fun money management tools for kids.Citation:Smart Money- Review of Zefty- Marion Syversen, MBANorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com Check out our website that includes weekly streaming videosWWW.NorumbegaFinancial.com The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from any computer. Email management, archiving & monitoring technology powered by Smarsh, Inc. Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc., Norumbega Financial and all other entities listed herein are separate entities, independently owned and operated. CR8653


MENU