Whilst browsing through the App Store on my iPhone the other day I came across a feature for a pocket money app. It had the headline ‘The new bank of mum and dad’ and it got my attention as being a fairly new father myself, I am often thinking of the best ways to teach my daughter about money in the future.
The start of January is an interesting time to be thinking about getting our children into good money habits. Even though we as adults might be feeling fairly poor after all the Christmas spending, children might be rolling in £10 and £20 notes from family!
When it comes to teaching our children about money, nowadays the notepad and calculator probably isn’t going to cut it. Children seem to be getting smartphones earlier and earlier and are probably already better than you and I at using them!
So now could be the time to combine teaching and technology using a pocket money app.