Money Sense
Allowance, Savings, and the Value of Money
Financial experts advise giving allowance as a great way to provide your child with the opportunity to develop responsibility about money.
Are you giving allowance now? Have you ever forgotten to pay your child's allowance? Does your child know what's expected in return?
My Reward Board makes it easy to set the amount of weekly allowance and to connect payment of allowance with completion of chores and tasks. Allowance is tallied and deposited automatically each week into a virtual piggy bank.
This piggy bank works like a regular bank account, with deposits (allowance and other deposits that you choose to make) and withdrawals. Most importantly, the bank allows your child to define their own savings goal, and a fun reward animation is displayed when the savings goal is met.
Try it now risk free!