Showing posts with label money management. Show all posts
Showing posts with label money management. Show all posts

Friday, December 2, 2011

Free Online Tool to Teach Kids Money Management

It is important to teach good spending and saving habits from an early age. A new website helps parents do just that with a few simple clicks. The site, kidworth.com, allows the parent to set up an account on the child's behalf. Next, a savings goal like a new bike, college savings, or investment fund is specified. The child gets his own webpage describing the goal which can then be shared online.

Kidworth provides other innovative ways to share goals with relatives and friends like birthday and holiday e-cards containing links to the page with the ability to make a gift directly online. Thank you cards can even be sent for contributions. When the goal is reached, the parent is able to withdraw the funds and have a check sent to their home.

What tools do you use to teach kids about money?

Tuesday, November 29, 2011

5 Money Saving Apps for Holiday Shopping

According to MSN Money, about 60% of holiday shoppers will use online tools and mobile applications to find discounts on gifts. Below is a list of tools to help consumers save time and money this Christmas Season.

Shop Savvy- Compare prices on an item simply by scanning its barcode. This app. also provides product reviews, and the ability to share potential purchases with friends.

Gift List- Allows the user to set a budget for and list out each gift they want to buy. Also keeps track of when a purchaser is reaching his or her spending limit.

Catalogue by TheFind- An aggregated catalog from major retailers. The buyer is able to find what they want and make purchases directly from their Ipad.

Price Check by Amazon- See if the item is being sold for cheaper on Amazon by scanning the products bar code, taking a picture of it, or typing the name of the product in the search bar.

FastMall- Creates a virtual map of the mall allowing the shopper to navigate the quickest path to their favorite stores.

Daily deal sites like Goupon and Living Social are also gaining popularity for their ability to alert consumers of sales going on in their local area. What tools will you be using to find the best deals this holiday season?

Wednesday, November 16, 2011

5 Free Financial Education Resources

According to NY Daily News, parents play a huge role in the financial education of their child. Below are 5 free resources to help you and your family learn about money management.

MyMoney.gov- Retirement and debt calculators, budgeting worksheets, and consumer guide to credit cards

Smartaboutmoney.org- Financial tips, quizzes, and articles

LearnVest.com- Free 10 day financial boot-camp

Mint.com- Keep track of all of your finances in one place

Bankrate.com- Numerous articles and tools for managing investments, credit cards, and mortgages

What other personal finance resources do you use?
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