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BusyKid Names Top Kid/Teen Money Managers for 2023

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“It’s one of those skills that you have to get in to them. It’s just like, How do you do it?” said Gregg Murset, Certified Financial Planner and CEO of Busy Kid.

We assessed 25 leading card issuers across 34 criteria to identify the top debit cards suitable for children and teenagers.

BusyKid, a debit card and app, allows parents to pay kids an allowance, as well as “bonus” payments for things such as birthday money.

Gregg Murset, CEO of BusyKid, a chore app that provides kids with debit cards and financial education, believes the best way to avoid “digging yourself into a hole of debt” is by starting the saving process much earlier.

This new partnership can easily fill the void in our classrooms as BusyKid/MoneyTime can provide families a powerful toolkit to learn how to earn, save, donate and invest money as a simulation or real life.

Oversight features and spending controls can help parents guide children and teens on a path to healthy financial habits.

During Christmas, the pressure to spend and spend is real. Kahle Dalton prefers to save and save.

Luca Berehulka Stival, 12, has begun learning how to manage and invest his money through his father, Luiz Stival, and the BusyKid app.

Whether you’re looking to save for a big purchase, pay off debt, or improve your financial health, these are the personal finance apps you should use.

Lavinia and Hatcher Pitts have become experts in saving for big ticket items.

Tips to keep kids (and their brains) busy after school

BusyKid shares ways parents can hire their kids during summer break and provide hands-on job and money experience at a young age.

Economists are predicting another strong summer for teen employment in 2023. 

These budgeting apps will help keep your finances organized and your wallet full.

Moneycheck lists the best debit cards for kids. They also write about options for Youth and Kids. The article mention’s BusyKid’s ‘BusyPay’ option, which allows friends and family to load funds onto a kids card via a QR code in the app.

The Balance talks with Gregg Murset of BusyKid about how parents can educate kids about money during inflation.

Gregg Murset is a dad of six and the cofounder of Busy Kid, a financial app for families.
He says parents need to teach their kids the value of work and how to manage money.
This is Murset’s story, as told to Kelly Burch.

Most schools don’t prepare children for financial literacy.

Teach your kids how to value money—and find joy in the things money can’t buy—with these expert tips.

Creative money gifts, like stocks or 529 contributions, can be a great way to teach children about personal finance.

A financial education is just as important as learning about math, science, and history.

The financial literacy app discovers kids achieving remarkable things with chores and allowance.

Prepare kids for more successful financial futures.

Research shows that many financial habits are set by age 7

It’s never too early to start talking about saving.

This new app may be able to help encourage a child to help out by tracking chores around the house, and the great incentive is that there is money!

Teaching your kids to manage money is an invaluable life lesson. As a child, my parents would physically hand me money for completing chores around the house as part of a weekly allowance.

This article showcases our top picks for the best Arizona based Fintech (Financial Technology) companies.

It’s no secret that children who do chores have higher self-esteem, are more responsible, and are better able to deal with frustration and delay gratification, all of which contribute to greater success in school.

Investments and charity donations via the chore app also hit all-time bests.

When shopping around for the right debit card for your kid or teen you’re going to want to keep an eye out for several key features.

In a Nutshell: Today’s kids tend to experience money as plastic, not as physical cash, which makes it harder to teach them that money must be earned and managed for the future.

Are you looking to keep your kids busy at home?

A free way to let your child spend their allowance — but parental controls are limited.

More than $40,000 donated by kids to charities featured on chore app

As most of us are still trying to work from home, it’d be nice to get the kids to help around the house and earn an allowance. There’s a fairly new app that helps accomplish that, called “Busy Kids”. Founder of the app, Greg Murset says he hopes the app helps kids learn some fundamental skills.

According to a 2018 National Financial Capability Study, 48% of individuals in Nevada lack a “rainy day” fund to cover emergencies such as sickness, job loss, or economic downturn.

What a time to be nearly fully invested in a roller-coaster stock market. Eleven-year-old Colin Flynn knows the feeling.

A local family has been using the app for over a year. The app also teaches children about personal finance.

Confession: I could never keep kids’ chores and allowances straight. I tried sticker charts; I tried whiteboards; I even tried apps. Each model failed because the chores assigned didn’t translate to the chores worked and definitely didn’t translate to the allowance paid to kids or even money spent by kids.

Davenport family uses BusyKid app to teach their five children about money management through household responsibilities.

January is Financial Wellness Month, and today, we’re learning about how Financial Literacy is essential at an early age. Don’t know how to get started? Don’t worry! There’s an app for that! Joining us this morning is Gregg Murset, CEO of BusyKid.

If you’re looking for a new way of keeping your kid(s) busy while also teaching them about the responsibility of taking care of family pets and completing house chores, then using the BusyKid App is the perfect way to do it.

Since the end of December 2018, Colin Flynn, 11, has invested $420 in Nintendo, Tesla, Apple, Starbucks, Boeing, Chipotle, Nike, Uber, Amazon and Google stocks.

Teaching kids how to save is a valuable first step toward learning how to manage money. But it shouldn’t stop there.

You’d think it’d be on the list of critical subjects taught in school, but managing money is one that largely eludes today’s youth. Parents don’t need degrees in finance, however, to pass on basic money know-how that will benefit their children for the rest of their lives.

The number one life skill adults wish they’d learned in school? According to Gregg Murset, Financial Planner, Founder and CEO of BusyKid.com, money management and budgeting.

Gregg Murset knew he was doing something right when his son Spencer approached him for advice. The 14-year-old boy ran an idea by his dad: Spencer planned on selling the Disney stock he had bought with his own hard-earned allowance money.

The push to teach young children their financial ABCs is going mobile.

The BusyKid app lets parents use their phones to pay their children for chores and teach them how to save, share, spend and even invest.

A look at how modern families are tackling this debate at home.

If approved, Senate Bill 134 would require high school graduates to pass personal finance course

High school students may soon be required to take a class in personal finance.

Education First | Delaware is far from 1st when it comes to financial literacy

A university study found that the Delaware is among the worst when it comes to students and financial literacy.

Turn mealtime chores into a financial learning experience.

Whether you are a new parent or a seasoned pro, having kids means your life will never be the same. Lucky for you, there’s a whole slew of apps will help any parent navigate the world of baby care on up through the school years. From medical advice and nursing to tracking precious moments and keeping the family organized, here are the best apps for parents. Scroll down to find out more.

A new app called ‘Busykid’ is teaching kids the benefits of saving and investing in stocks, but how well does it actually prepare them ? Yahoo Finance’s Alexis Christoforous speaks to Busykid.com founder Gregg Murset.

Here’s what you can do about it. Women make 80.5 cents for every dollar a man earns. And it turns out this gender pay gap starts early — as soon as girls are old enough to take on household chores and first jobs, according to a new study by bank and brokerage firm Charles Schwab.

The Valley-based company BusyKid promotes work ethic for children by organizing their tasks and teaching them money management, all through the magic of a smartphone.

The paper chore chart has gotten a modern update.
Introducing BusyKid, a mobile-first site that allows parents to keep track of tasks, while also being a tool to introduce kids to learning about their personal finances.

Designed to take the effort out of convincing your children to run errands, BusyKid is a new online tool to help you keep track of family chores and to reward your offspring on a job well done.

‘BusyKid’: Teach Your Kids The Value Of Money By Doing Chores With This New App

Four things to know about the new app that will help parents keep track of tasks while teaching their children how to value money

Resolve to be a Better Family in 2017

Many adults make New Year’s Resolutions every January, but the sad reality is only about 8 percent of people actually achieve the goals they set. Of course no parent wants to set this as an example for children. So instead of doing individual resolutions this year, why not do family resolutions so you can all keep each other accountable?

It’s not always easy to get kids on board with chores, so Gregg Murset, CEO of BusyKid, an online chore system that teaches children about finances, has some tips to make spring cleaning fun for the whole family.

Real Simple’s mission, through its 16 years, has been to simplify your life with smart finds like these.

Here’s the dirt on paying kids for chores

Just when you think you’ve heard every angle on paying kids for completing chores, this happens!

Chores build a work ethic, boost confidence and teach children not to expect handouts; a guide to appropriate tasks children can master by age.

With April being Financial Literacy month, I thought that now would be the perfect time to discuss this topic.

With April being Financial Literacy month, I thought that now would be the perfect time to discuss this topic.

Since summer schedules much tend to have more wiggle room than school year schedules, kids can help out more around the house to earn some money.

What’s the key to raising well-behaved, intelligent, and motivated kids? It may as simple as a chore system and an allowance.

You can handle summer vacation like the pro we all know you are with these seven apps that will save your sanity and make summer easier with the kids home from school.

Managing money can be challenging for many adults, and an even more difficult task is teaching financial literacy to their children, but a Utah-born financial planner has developed a solution that could help parents show their kids the basics of earning, saving and investing their hard-earned dollars.

BusyKid ($12 per year) is a web-based service that teaches children fiscal responsibility by encouraging them to perform household chores. For $12 per year, parents assign tasks to family members, placing a cash value on each chore and allowing children to determine how money is spent or saved

Remember how your toddlers begged to push the vacuum, sweep, cook and even wash dishes for you? If you’re wishing your older kids were half as interested in chores, Gregg Murset may be your man

BusyKid Launches Card that Integrates with Allowance Management App

BusyKid is an allowance management platform for families that keeps track of the work children do around the house. The company just launched the BusyKid Spend Card, a reloadable Visa card that teaches kids how to manage their money.

These smartphone-friendly tools let children make decisions about spending, saving and donating—with limits from Mom and Dad

Cultivating Next Generation Clients May Start With Taking Out The Trash

As advisors adopt web portals and mobile apps to attract millennials, Gregg Murset is using fintech to serve children who have yet to even learn their multiplication tables.

The stock market isn’t just for grown-ups anymore, thanks to BusyKid, an online chores and allowance platform that teaches children to save, share, spend and invest money.

BusyKid, which bills itself as “a revolutionary system for chores and allowance that teaches your kids financial literacy and responsibility,” has teamed up with discount online brokerage Stockpile to offer $10 of free stock per child in a company of your choice.

When Gregg Murset looked at the people he works with as a financial planner, two things were consistently present: they work hard and are generally smart with their money.

It was those qualities that Murset wanted to instill in his own six children

If your New Year’s resolution involves getting your financial life in order, financial expert Gregg Murset, CEO of BusyKid, has some advice for you. To get on the right track—January is Financial Wellness Month, after all—Murset recommends starting with more specific goals instead of resolving to pay down debt or save for retirement without an actual plan. Then, at the end of each month, review your progress honestly and do it all over again.

What is that age-old expression? You can’t teach an old dog new tricks? When it comes to being smart with money, bad spending habits are extremely hard to break.

Easy way to teach your kids to manage finances

Saving money and dealing with finances seems to be a lost art-form these days. Americans are struggling to build on their savings.

A recent study by GOBankingRates showed that 57 percent of Americans have under $1,000 in their savings accounts. Even worse, 39 percent have no savings at all.

Sometimes, teaching kids about money is not always easy, and that is why a Scottsdale company developed an app for parents to give their kids some real life experience, when it comes to managing their cash.

With the BusyKid app, families are able to work together to prepare children to face financial realities when they get older.

If you have kids you know you’re on the hook for their spending, at least for a while. What you might not know is that you’re also on the hook for their financial education, too.

With only 21% of parents regularly talking about money with their kids and only 10% interested in teaching them about managing credit cards or investing, according to a study from the money app BusyKid, it looks like parents need some hel

It can be tough for busy parents to stay on top of their finances and just as tough for them to find time to teach their kids about money. However, there is one Arizona-based company that is offering a way to do both. With BusyKid, chores, allowances and finances all come together into one easy solution.

Many children as young as 4 and 5 can grasp the concept of being responsible with chores, budgeting allowances and keeping important paperwork, according to one official.

With the current tax season upon everyone, now is the perfect time for parents to teach their children how to do weekly chores, monitor their allowance money and learn how they can eventually become productive, skilled adults, said Gregg Murset, CEO of the Scottsdale, Ariz.-based BusyKid and its accompanying website, www.busykid.com.

Money might be the last taboo topic.

In a society that runs on capitalism, we seem to have a harder time talking to our children about personal finance than we do about sex, race or even death. Maybe it’s because so many of us are so bad at financial matters ourselves.

When we were kids, a weekly allowance was something we tucked away in a drawer, piggy bank, jewelry box, you name it—really anything we could cram our change and crumpled bills into. Then there was that feeling of accomplishment when we’d dump all that hard earned cashola onto our beds to see if we had enough to buy that new toy we were eyeing.

App helps kids balance chores, financial responsibility

It’s never too early to teach children about money management. In a cashless society, technology plays a large role.

There are dozens of smartphone applications making it easier for kids, and parents, to balance chores and financial responsibilities.

“I think students should learn both what it’s like to operate with cash as well as — like most of us operate — with credit cards or debit cards,” said Jodi Bloemker, director of community investment with the United Way of St. Joseph. “You need to have an understanding of both.”

The objective of the new chore app “Busy Kid” is relatively simple: make parents have to nag less while teaching kids about money.

For each chore a kid completes, Busy Kid transfers money from their parents’ checking account into their own account. There, kids can manage it through three different options: save, share or spend.

NEW YORK — “I have to wipe down bathroom cabinets, clean the toilets. Feed Tofu.”

Like most kids, Sterling used to complain about the chore list but he’s changed his tune since his work began showing up on his phone attached to an account all in his name.

“I was like yes!”Like this is my own bank and I can access it myself without my mom having to give it to me instead,” he said.

While the debate rages on about whether screen time is good or bad for kids, we can at least compromise by giving them apps that might teach them a thing or two, right?

While allowance has long been a tool parent have used for teaching kids the value of hard work and money management, tossing your kid a weekly five- or ten-dollar bill leaves out a lot of modern financial education. Good thing there’s an app for that.

Teaching financial literacy to kids is more than just piggy banks and cash allowance for chores. Learning to save and spend has become more difficult in this time of plastic money.

“No one carries cash,” Dawn McCord, a mother of three told CBS11 “And, it is really inconvenient paying cash for chores and looking for change etc.”

Raising a financially literate child doesn’t have to be difficult. In a world of credit cards, online banking, tax codes, investments and retirement plans, keeping up with money can be tough for adults, and even more so for kids. So, for the many parents who want to teach their kid economic ideas and prepare them for their financial futures, where the heck is the starting point?

A majority of millennials treat their retirement accounts like a piggybank. According to ETrade, more than a third of millennials make withdrawals from their 401(k) plans – and they use the money for a purchase, vacation or other personal expense.

Wouldn’t it be nice to not have to nag kids to do their chores? For some parents, that day may have just gotten a little closer.

Eleven-year-old Mia Han takes out the trash. She’s fairly honest about how she feels about it. “It’s not the funnest thing in the world, but I’ll do it if I have to,” said the Mountain View sixth-grader.

Big brother Nicholas pretty much felt the same way. Then his parents told him about BusyKid.

Gregg Murset has six children. From Murset’s perspective, it made “cents” to teach his children how to make money at a young age.

“They learned early that they had to do chores to earn money to buy the things they wanted,” said Murset. “They had to mow the lawn, feed the dog, and perform other chores. By aligning their chores with incentives, I was able to motivate them easily. But I had to stick with it.”

The Tech Tribune staff has compiled the very best tech startups in Phoenix, Arizona. In doing our research, we considered several factors including but not limited to:

  • Revenue potential
  • Leadership team
  • Brand/product traction
  • Competitive landscape

Are you having a hard time getting your kids to do chores? There’s an app for that! A dad of six created the app called “Busy Kid.” He says he came up with the idea to motivate his kids to clean and to teach them how to be responsible with the money they’ve earned.

Before girls even get a chance to move into the working world, where they will earn 79 cents for every $1 men earn (and less if she’s a woman of color), they’re already being stiffed by their parents.

Data analyzed by BusyKid.com found that parents pay boys twice as much for doing chores per week.

Boys take home an average weekly allowance of $13.80 for their chores.

Girls? Just $6.71.

Companies have taken a lot of heat about the gender pay gap, which results in women making just 82 cents for each dollar a man earns. But mom and dad play a role as well, according to a new study indicating the pay gap starts at home.

Parents pay their boys more than twice as much allowance as they give their girls. That’s a finding from an analysis of millions of transactions conducted by 10,000 families on the online allowance platform BusyKid. The pay gap is present, though not as dramatic, even when parents pay their kids “bonuses,” said BusyKid Chief Executive Gregg Murset.

Are you having a hard time getting your kids to do chores? There’s an app for that! A dad of six created the app called “Busy Kid.” He says he came up with the idea to motivate his kids to clean and to teach them how to be responsible with the money they’ve earned.

Making good decisions is no small feat, especially for little ones who tend to fall more on the impulsive side (every kid). It’s up to us parents to guide them in the right direction. To help you out, we’ve gathered practical tips for letting go at the right time, and small ways you can help your kids assert their independence in order to become confident people ready to tackle the world.

More than 80% of survey respondents who pay an allowance say they want to teach their child the value of money and financial responsibility.

1 in 3 young Americans (Millennials) lives with a parent or parents. Of those, 1 in 4 does not work or go to school.

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Subscribe to BusyKid today and soon after you’ll begin to see changes in how your kids think about and use money. They will also feel motivated to grow their balances, explore out app features and help make your life easier at home.

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