Use This App to Teach Your Kids Basic Banking
Use This App to Teach Your Kids Basic Banking
The concept of budgeting is a heady subject for kids to grasp. Oftentimes, the first real lesson comes at age 16, when teens are legally able to hold part-time jobs and own cars. But if you’re a parent who wants to get a jump start on teaching the value of a dollar, the new Tykoon app is a great financial-basics platform to engage kids as young as eight.
A free download for iOS devices, Tykoon turns “I want this” into “How do I earn this” with a Chore Chart where parents can create activities that kids can complete in order to earn a specified allowance each week.
The app has two interfaces, both of which proved to be easy to manage in private beta testing. On one end is a control ce…
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More About: App, iphone app, Kids, personal banking
