This post is sponsored by BusyKid. All thoughts and opinions are strictly my own.
Learning to be proficient with money is something that can be difficult for both adults and kids alike. When I graduated high school, and even college, I’ll admit that I wasn’t very good with money. Sure, I had a job so I was making money but I didn’t know how to budget or spend it wisely.
I’m definitely not the only one with this problem. In fact, right now in the United States, only seven states require high school students to take a basic finance test. In fact, most parents received a grade C or worse when it comes to basic finance.
This is why it is so important to teach your children to manage money — even when they are young.
I was recently introduced to a site that helps teach your kids about managing money called BusyKid. This program teaches financial responsibility though the traditional chore chart method, however, kids have the ability to decide how to save, share, invest, or spend their allowance (under adult supervision, of course). There is even a new BusyKid Spend Card which is a reloadable Visa® prepaid card, where kids can put their allowance in order to spend it in stores or online.
Signing up for BusyKid is easy. A yearly $14.95 fee (the first 30 days are free) gives the whole family access to all of the program’s features. Additionally, you can add a BusyKid Spend Card for just $5 per year.
Another cool feature is that for a limited time, two children in each family will receive a free $10 stock. This is because in addition to wanting to teach the importance of managing money, the free stock provides the first experience in dealing with the stock market.
You can sign up for BusyKid through their website. It is never too early to teach your children about money so this site is perfect!