Since we decided to begin giving Evan a weekly allowance for his extra jobs around the house, we wanted to have the ability to teach him money skills. The timing was perfect for us to become involved with Kidworth – an amazing online tool to teach kids about money.
Here is the video of us setting up Evan’s Kidworth account. I was so proud of his choices – saving some money this year, wanting to donate to Samaritan’s Purse fabulous ministries, and of course, what 7 year-old boy doesn’t have his eye on a big Lego kit! Sidney and I will make monthly payments into Evan’s Kidworth funds for his saving, spending and sharing goals – reserving a few of his spending dollars in cash for smaller items each month.
[youtube]http://www.youtube.com/watch?v=wusQj5uSq_I[/youtube]
The set up on Kidworth is rather intuitive. It was very easy to create a new Sharing goal for Evan that wasn’t on the list. It was also easy to edit one of the existing goals – in this case the Lego Kit – with a different dollar amount than was provided by default.
I would have liked to see the image portions of the goals set up to allow us to upload our own images but otherwise I love the Kidworth set up. One of my favorite parts is that I can send the “public” page to friends and family to allow them to contribute, while still protecting the more sensitive private information.
I am going to recommend a Kidworth account for my sister Paula who is saving up for an extended mission trip to Ecuador. It will make it very easy for people to contribute and track her progress towards her ultimate goal!
You can create an account for your own family at Kidworth.com – and be sure to like them on Facebook and share the great resources they have for families and kids and money!
I was compensated for sharing my Kidworth experiences, but we really are saving up for a goat!
Angela, I love this article (put it on FB) and I might show my adult daughter (25) this KidWorth site, because she’s saving up for a Habitat for Humanity trip. I don’t know if she’ll use KidWorth because she might feel too old for it, but I love the idea of letting relatives give her a bit of help.
I would think – especially if she is having up for something really specific like that – she should totally check it out. Relatives can contribute to the fund from whereever they are. They can also leave notes and comments and prayers of encouragement that will be visible to her from the back dashboard. A memory of those who are supporting her and encouraging her that will be priceless!