August 1, 2017
PHOENIX–(BUSINESS WIRE)–BusyKid, the only online chore chart where children can earn, save, share, spend and invest real money wisely, is helping kids who often struggle to find jobs learn skills they will need for lifelong success. According to the studies, such as one conducted by Washington University in St. Louis in 2012, more than 50% of youth with Autism Spectrum Disorder (ASD) had no participation in employment or education two years after graduating high school. BusyKid is a tool parents of children with ASD can use to simulate a real-world working experience at home years before a child will enter the workforce.
“As a mom of an ASD child and the Founder of the nonprofit Sounds of Autism, I am always looking for tools to help my child and other children learn life skills to support their future,” said Cricket Barrientos. “BusyKid has shown me a way to introduce important financial lessons to my kids despite their abilities. It’s already had a positive impact on my family. It’s also proving to be a great first step to introducing my children to the inner workings of holding a job, and as a mom of an ASD child, it’s important to me that he learn this as well.”
It is estimated that 1.5 million people in the U.S. have ASD and about 80% of them are under age 22, according to Advancing Futures for Adults with Autism. ASD youth could be just beginning to encounter the challenges of finding and retaining a quality job. Because they are not experiencing the workforce early in life, ASD young adults can be at a disadvantage when it comes to learning about paying bills, maintaining a budget and understanding the value of a dollar.
“Raising children is never easy, but when a child needs extra help in certain areas it can be hard for parents to find resources to support the child’s growth and development,” said BusyKid CEO Gregg Murset. “We hope that parents will find BusyKid to be an easy to use resource that helps them teach their children about work, rewards, paychecks, managing a bank account and other aspects of finances. Then, when the kids are ready to look for a job, they are familiar with and ready to handle these parts of the process.”
BusyKid features pre-loaded chores based on children’s ages that parents can customize as needed. Kids log into their account, review their jobs and mark off when those tasks have been completed. The day before Pay Day each week, parents receive a text message alerting them to the amount of money their kid(s) earned. A “yes” text back is all that is required to transfer money to a kid’s account, while a “no” text will block the transaction. If a job was not completed fully or skipped, parents can talk to kids about why they aren’t getting paid to help teach the correlation between work responsibilities and reward.
While assigning chores, parents are also prompted by BusyKid to determine what percentage of the kid’s paycheck will be designated for spending, saving and donation. On Pay Day, money will automatically be split into these three subaccounts as requested by the parent. When kids earn enough money they have the option to use the money in the spending account on gift cards to major retailers or to use it to purchase real stocks from national companies and brands. Parents must approve all purchases before transactions will be processed.
“Generally, real-world financial experience is not taught in schools, causing huge issues as these teens and young adults are faced with thousands of financial decisions,” said Murset. “The situation becomes even more difficult when there is an ASD teen or young adult ready for a first job or wanting to be on their own. We built BusyKid so parents can spend years prior to this point working with kids to teach them how to manage a bank account, budget a paycheck, invest in stocks, and learn the value of hard work.”
BusyKid is committed to helping children learn the important basic financial principles they don’t get anywhere else. BusyKid is only $12 a year for an entire family. For more information about BusyKid, visit http://www.busykid.com.
BusyKid is the first online chore chart where children can earn, save, share, spend and invest real money wisely. Formerly known as My Job Chart, BusyKid is easy to use, revolutionary and allows kids to receive a real allowance from their parents each Friday. No more points or trying to convert imaginary money.
BusyKid is committed to helping children learn the important basic financial principles they don’t get anywhere else. Designed as a platform that is easy for parents to implement, BusyKid features pre-loaded chores based on children’s ages, and making chore payment approvals is as simple as answering a text message. BusyKid is the only online chore/allowance platform that allows children to earn a real allowance and use it immediately to buy gift cards, make a donation or invest in real stocks. For more information, go to www.busykid.com.
About Sounds of Autism
Sounds of Autism, Inc., is a non-profit founded in May 2011 by Cricket Barrientos. The organization’s mission is to integrate autistic children and their families back into the community, using love and support. Sounds of Autism works to bring a VOICE to the epidemic and teach people how to become a “Community of Responders to Autism.” It is the voices of these Responders that will help spread awareness and contribute to the education about autism. For more information visit www.soundsofautism.org.