Additional kids and money resources

Marketplace Staff Nov 14, 2009

Allowance calculators

Allowance calculator from Pediatrics.about.com

This calculator helps you understand the purchasing power of the allowance you give your kids relative to what you got when you were a kid.

Calculator based on kids’ needs

This calculator from the NRLFCU offers a worksheet for figuring out how much money your kid needs.

GiveMe20.com

This site offers allowance and other calculators for saving for goals and paying off debt.

Guidance on allowances

From TheDigeratilife.com:

This recent blog post offers some general discussion and advice on allowances.

Mint.com:

This site offers smart discussion of allowance issues.

Nathan Dungan’s Share-Save-Spend program

This site focuses on money and values. More from Nathan Dungan and his approach to financial education on Speaking of Faith’s Web site.

The Money Savvy Pig

This is a piggy bank that makes dividing allowance up into portions to save, spend, donate and invest fun for kids.

More financial literacy resources

From Visa.Com:

Info on pre-paid, family friendly cards.

From USAA.com:

Info on teaching your kids the value of money.

Reviews and advice for using these cards found here.

The Secure Student

A financial literacy Web site for high school students.

The Jumpstart Coalition for Personal Financial Literacy]

This offers personal finance educational materials for students from kindergarten through college.

The Money Mammals

A DVD and Web site that aims to teach kids about making choices, needs versus wants, sharing, saving and spending smart.

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