I REALLY want my kids to learn how to be responsible with money! One of my clients told me about this tool that we have found extremely useful. It’s called Greenlight.
Each child has their own debit card that’s linked to their checking account. They also have a savings and giving account.
My kids have been excited to take control and be responsible. They have learned the joy of saving and buying stuff they want. They have also learned the disappointment that comes with running out of money and not being able to afford something.