busykid blog

It’s Financial Literacy Month – Are You Raising Financially Responsible Kids?

In Blog by mbndev

It can be a challenge to keep kids financially grounded in today’s consumerist society, where delayed gratification feels like an obsolete concept. But all hope isn’t lost. By instilling good money habits in children and giving them the opportunity to earn, save, and manage their finances while they are still living at home, they will ...

Activities that Will Teach Your Kids the Value of Money

In Blog by mbndev

Instilling a sense of financial responsibility in children may seem like a daunting task, but it is essential if you want them to grow up with a healthy attitude towards money and the skills to manage it wisely. Schools barely teach students the necessity of saving and leave many of us fending for ourselves as ...

“Going By The Book” Young Authors Use BusyKid to Manage Their Money

In Blog by mbndev

If money doesn’t grow on trees, where does it grow? Better yet, how does it grow??? These are the questions sisters ‘Ailani and Aralynn Riley wanted to help answer for their friends when they penned their very own book. Their story “If Money Doesn’t Grow on Trees, Where Does it Grow?” follows a boy named ...

Valuable Life Skills Kids Learn From Doing Household Chores

In Blog by mbndev

Some parents believe that their children should be left alone to play without thinking about real responsibilities. There are also parents who think that giving them obligations at an early age is necessary. This is one of the highly debated issues among families. Regardless of what you believe in, encouraging children to be responsible at ...

Your Straightforward Guide to Teaching Kids About Debit Cards

In Blog by mbndev

How can you effectively teach your kids smart and practical financial lessons in today’s increasingly cashless society? Two words: debit cards! Why are debit cards considered one of the best ways to teach your kids about money? For starters, a kids debit card can give you control over their spending while still allowing them to ...

Money Conversations You Should Have with Your Kids (as You Start a New Year)

In Blog by mbndev

Are you in the process of creating your list of New Year’s resolutions? Here’s something worth adding: talking to your kids about finances. While most parents understand the importance of having finance and money conversations with their children, some studies indicate that at least 49% of parents don’t know how to have these conversations. In ...

Smart Christmas Shopping Tips to Share with Your Teens

In Blog by mbndev

Christmas is just around the corner. While this time fills most people with festive cheer, the “most wonderful time of the year” can easily turn stressful when you’re doing some holiday shopping. Come to think of it, there’s crowded malls, overpriced items, and sometimes grumpy salespeople that you have to deal with. For many teens, ...

6 Financial Gift Ideas for Your Children

In Blog by mbndev

A recent survey indicated that a whopping 84% of millennials regret getting a student loan, with the majority wishing they could hit a rewind button so they can do things differently. Understandably, as a parent, you want to do everything in your power to set your kids up for success. Even if your children are ...

5 Tips to Get Your Kids Excited About Saving

In Blog by mbndev

According to a study, in 2021, kids between 4 and 14 were given an average weekly allowance of $9.35. That’s around $486 annually, which is not bad considering they are too young to even join the workforce. However, there’s even better news: the report revealed the average kid saves at least 48% of their weekly ...

How to Teach Your Children About Investing at A Young Age

In Blog by mbndev

Investing isn’t just reserved for adults. Kids, too, can start their own investments – of course, with the help and guidance of their parents or guardians. Starting to invest at a young age can increase one’s opportunities to grow their money and improves their chances for success down the road. More importantly, it helps children ...

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