This post was sponsored by COUNTRY Financial® as part of an Influencer Activation for Influence Central and all opinions expressed in my post are my own.
I’ll be the first to admit that managing money is not a strength of mine. My parents didn’t teach me much about finance other than keeping my checkbook balance. I guess money was always tight, and with four children they weren’t able to save much. I’ve had to teach myself a lot about finance really. Thankfully, I picked it up quite well and started to understand where best to put my money. From using the stock brokers uk app to invest some of my earnings to then having a savings account to save for a rainy day, I think I handle my finances pretty well. I really hope to teach Gabe to manage his finances and I’ve found that the ChorePal App by COUNTRY Financial® is a great way to start now. Do your children have chores? Do you reward them for those chores? If so, the app might be perfect for your family.
The ChorePal App allows you to assign and log daily, weekly, monthly, and one time chores. Your child can log in and mark off the chores that they’ve completed. You can assign either monetary or point awards, and the child’s account is credited when they’re completed. You can even assign bonuses for certain tasks. I established an award for Gabe for good behavior at school.
Setting up an account is very easy. You just need to download the app on your smartphone or other device. It takes a few seconds to establish a user name, select a password, add your child/children, and add chores. You also have the added option of approving any chores that your child marks completed.
The app lets you easily track and reward your child’s hard work. You can help them establish long-term and short-term goals, and help them work toward meeting those goals.
Money management is an important life-skill, and it’s never too early to start working on it with your child.
- You should start about teaching your child money basics such as the value of a penny, nickel, dime, dollar, etc.
- Establish reasonable rewards to completed chores or other tasks.
- If you’re child asks for a toy in the store, explain the monetary value and discuss how they can work toward earning it.
- Create a family fund and display it in your home. Establish a goal such as money toward a vacation, family outing, or other family focused event, and set an example for your child by working toward that goal. In my limited parenting experience, Gabe has learned the most from watching me.
The ChorePal App was developed by COUNTRY Financial™ which is a full-service insurance and financial services company. They take a personal approach to finance by being active in the communities where they do business. From retirement planning to annuities, and auto, home, business, and life insurance, COUNTRY Financial™ has a broad range of services.
Do you currently have a reward system for completing chores or other tasks? How to do you keep track of their rewards? I hope you’ll download the ChorePal app and let me know what you think. Do you think it will help teach children about finance?