As mentioned in previous blogs, it is important that your child’s allowance (or payment) is divided into three accounts: savings, spending and donations. The money that is “deposited” in each of these accounts should be respected in order to establish a positive habit of creating a healthy financial budget. In this post we’re going to [...]
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An Interview with Karla Flores, An Economist And Mother
(This interview was translated from our Spanish blog: http://bit.ly/VYXEBq) Karla Flores, economist and mother, “When children do household chores, they learn that things in life aren’t handed over on a silver platter.” Many parents struggle with setting up an allowance system. They aren’t sure about when to start, if it should be it a fixed amount [...]
by ap on December 5, 2012 in From our Desk
The Real Story of The Three Little Pigs and the Big Bad Wolf
Once upon a time there were three little pigs that lived in the forest named Spending, Debt and Savings. Spending wanted the good life—so he decided to buy a 60” TV with a killer audio system, a stereo, an Xbox and build a pool among other things. After he finished buying everything he wanted for [...]
by ap on November 27, 2012 in From our Desk
5 Ways to Keep the Kids Entertained This Summer
Good news! The kids are home for two months. Bad news! The kids are home for 2 months. Summer is a wonderful time when you’re a kid, but can stress parents out if they don’t have any activities planned. Coming up with an entire summer’s worth of fun, easy activities that don’t cost a fortune [...]
by ap on July 5, 2012 in From our Desk
Conversation Starter for your Kids: What is the Value of Money?
Does a $15 tank top have the same value as a cute $15 dress? Is a challenging, well-designed $45 video game that you worked hard to earn as valuable as a boring $45 golf game gifted to you by your strange aunt? Of course not! Value isn’t just what something costs; it’s what something is [...]
by ap on April 25, 2012 in From our Desk
AgentPiggy wins Wayra Chile
After a month of intense work, AgentPiggy, the first platform for Latin American children, was selected from 750 competing projects as one of the ten Wayra Chile winners. Wayra Chile is a competition for innovative and entrepreneurial projects. This recognition gives AgentPiggy the opportunity to receive $30,000 to $70,000 of funding, marketing and logistical support [...]
by ap on April 12, 2012 in From our Desk
Financial Education in the Classroom?
Part of the reason we started AgentPiggy is because we feel as though there has been a lack of financial education in the school system. Today, while economics is a requirement for most students, only 4 states require a semester of personal finance education according to Jump Start Coalition. Our students are graduating without the [...]
by ap on October 18, 2011 in From our Desk
Kid’s Allowance: How much should they GIVE?
Last week we discussed saving which is a crucial part of your child’s financial education. This week we are going to talk about teaching your children about sharing. Giving to charity is a rewarding experience and one that is important to begin bestowing upon them at a young age. Hundreds of thousands of charities exist around the [...]
by ap on September 15, 2011 in Financial Tips
Innovate: Get Money Savvy Through SMS
“TTYL about wat ur going to do with ur bday money from gma and gpa. LTS. 2nite at dinner?” Sending text messages like this might be an effective way to teach kids to be financially responsible, explains financial educator Susan Beacham on her blog. Beacham includes a long list of text messages that parents [...]
by leslie on September 9, 2011 in Financial Friday
Saving: A Crucial Part of a Kid’s Financial Education
In last week’s blog, Allowance: To Give or Not to Give, we ended with a tip hinting what we would be talking about this week: saving. Now that you’ve started educating your kids on what money is and how they can earn it, it’s time to begin teaching them how to save their newly earned [...]
by ap on September 3, 2011 in Financial Tips
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It's targeting a niche market with a real problem and no great solutions.Jon Carder http://angel.co/joncarder