Becoming financially responsible has been a huge topic in our home recently. With two older kids we want to make sure they are fiscally responsible and we know it’s our job as parents to make sure they are ready for the real world. We have set up budgets and jobs for all of our kids, but it can be difficult to distribute that money to them. Gone are the days of a piggy bank. In this day in age with so much technology it just seems so antiquated.
So we started looking around for other solutions, something where the kids can be more independent and we found Greenlight, the smart debit card for kids.
This is a fantastic solution for our kids to keep track and use their money independently. Greenlight was made for children and built by parents. Unlike most debit cards, Greenlight supports kids of all ages. Most banks will only give teens a debit card and younger kids have to wait. Being financially smart is big deal and the younger these lessons can be taught the better. If kids make financial mistakes now, the consequences are far less damaging. I would rather my kids lose all their money now to bad decisions than later on when they are teenagers or young adults.
These lessons are crucial to their development and having a card and system like the Greenlight debit card to manage their finances will put them leaps and bounds ahead in the long run.
Here are a few more features I absolutely love about the Greenlight card:
• Greenlight offers a convenient automated allowance feature to ‘set it and forget it’ so your kids always receive their allowance on time, with no fees for you.
• Greenlight allows kids independence to spend their own money while you retain control over where their money is spent and how much they have to spend in certain stores or types of retailers. This is really cool because you can let them shop at specific stores and for the amount you choose. If they are saving up for something you can make sure their money will only go toward that item!
• Take advantage of the completely risk-free 30-day trial to see if it is a good fit for your family and get a $20 deposit bonus when you sign up after the trial.
• Lose a Greenlight Card or want to temporarily disable your child's card? No sweat. Simply turn the card off within the Greenlight App. Parents can turn a card on or off at any time instantly!
• Greenlight is available for iOS and Android
Greenlight really is the simple hassle free way to teach kids financial responsibility in a fun way!
Sign up for Greenlight before 9/30 and they'll deposit a $20 bonus into your account after the 30-day free trial ends. *deposit bonus made approximately two weeks after free trial ends.
Check it out and let me know what you think!
This post is part of a social shopper marketing insight campaign with Greenlight, but all my opinions are my own. #GreenPMG
