Kim Daley, parent of seven, has created a tool to help parents with this task, Kidbudget. Kidbudget is a money management system designed for children ages 6-12 years old. It is a hands-on, innovative, interactive money management tool based on the time tested envelope method. According to Daley, “Kidbudget goes well beyond the piggy bank. The system not only teaches kids critical money skills, but also includes all of the necessary tools to put those skills into practice.”
The tools included in the system are designed with kids in mind. The major component is a 76 page full-color workbook filled with games, activities, riddles, and much more. The workbook teaches life-long principles and money skills that set kids on the right foot for financial success. Some of the principles taught are the difference between needs and wants, how to set financial goals, the importance of giving, saving, and spending wisely. To take a peek inside the workbook, go to http://www.kidbudget.com. Just teaching the principles, however, is not enough. Daley believes that kids learn by doing and has included necessary components to facilitate the doing.
Four kid-friendly brightly colored pouches or “envelopes”
The complete Kidbudget system retails for $29.99 and can be purchased by visiting the website at http://www.kidbudget.com/
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Kidbudget provides a hands-on, interactive financial management system for children 6-12. Helping parents raise money smart kids, the kidbudget money system is a hands on learning tool to help you teach kids about money and teach important money skills. Kidbudget uses games, riddles, jokes, and fun activities to teach kids about money concepts. The system contains several components to ensure kids learn by doing. These skills will last them a life-time.