busykid blog

Parents, You’re the No. 1 Money Influence for Your Kids—Here’s How to Teach Them the Right Lessons

In Blog by BusyKid | April 18, 2019

Financial education really does begin at home. Plenty of influences in our daily lives—including family, friends, coworkers, and celebrities—show us the value of a dollar. However, it’s our parents’ financial habits that are the biggest influence on how we spend our money. Almost half of Americans cited the way their parents handled money as an ...

Why Financial Literacy is Important

In Blog by BusyKid | March 13, 2019

If you name 10 things you do every day, I’d bet that at least nine of them would directly (or indirectly) involve money. Understanding how money works is critical to everyday life and it’s one of the major reasons why many states are finally reviewing its high school graduation requirements in relation to how much ...

The Story Behind Piggy Banks, Bear Markets, Money Spiders and More

In Blog by BusyKid | March 06, 2019

Ever wonder why kids put money in a piggy bank? The decision to start making swine-shaped money holders wasn’t random. Nor was the delineation of bulls representing an upward-trending market while bears mean the opposite. In fact, animal-money symbolism has deep roots in myths and history from around the world. Here are some of the ...

Kids Donating Allowance Can Make Big Difference

In Blog by BusyKid | February 22, 2019

Why does a large portion of the US wait until the end of the year to make donations to charities? According to recent reports on philanthropy, 34% of all donations are made in the last three months of the year, including roughly 25% of those between Thanksgiving and Christmas. At BusyKid we believe that a ...

Learning to Give: Kids Donating Allowance Through BusyKid

In Blog by BusyKid | February 13, 2019

More than $25,000 donated by kids to charities featured on chore app  Phoenix, AZ (Feb. 6, 2019) – BusyKid believes everyone should take a balanced approach to financial success. The balanced approach includes consistently earning, saving, sharing, spending and investing money, and saving more than you spend. While not every adult takes the balanced approach, ...

School’s in Session(in some states) … Finally!

In Blog by BusyKid | January 24, 2019

With the recent announcement that middle schools in the state of New Jersey will be soon requiring a course on financial literacy, a new standard has been set in regard to the importance of teaching our children how money works. New Jersey was already one of just 17 states that require graduating high school students ...

Teaching Kids About Finance is Money Well Spent

In Blog by BusyKid | January 24, 2019

Talk about being stuck between a rock and a hard place … In a recent survey from the Edelman Financial Engines’, 90% of parents with children ages 4 to 8 felt it is extremely important that their kids grow up with good financial habits.  Further, 91% of these parents felt that they themselves are the ones ...

Reasons to Get Rid of Your Paper Chore Charts

In Blog by BusyKid | January 14, 2019

It’s 2019, Time to Dump Paper Chore Charts Like it or not, everything is going digital. Even famous board games that at one time appeared to be safe from ever being played in your hand, are now one touch away.  During a family vacation to Florida I was blown away to learn that I all ...

Financial Success Really Comes Down to 4 Basic Money Rules

In Blog by BusyKid | January 14, 2019

Looking to up your money game quickly? Good news. Financial success doesn’t require a finance degree—or Herculean efforts. It really boils down to just a few simple rules. 1. Know where your money is going. Creating a budget that works means knowing exactly how you’re spending your money. “Most people have an idea where their ...

10 Cheap (and Healthy) Foods that Last a Long Time

In Blog by BusyKid | January 14, 2019

Healthy fare gets a bad rap for being too expensive, but, in reality, there are plenty of good-for-you foods that have budget-friendly price tags and a long shelf life—like these 10. Bonus: You don’t need much time or talent to turn these into meals. 1. Dried Beans and Lentils Average Price: Under $2 for a ...