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 posted several weeks ago about the COUNTRY Financial® ChorePal app. I was introduced to it through a company that I regularly work with and I was very interested because I want my son to develop healthier financial habits. He’s 6 (turning 7 in Jan) and we’ve been giving him allowance, tooth fairy money, and the occasional monetary incentive. I hoped that earning the money would be more rewarding than being given money. I’ve had a few people ask, “Does the COUNTRY Financial® ChorePal app work?” After a few weeks of continual use, my answer is yes; but only if you remember to use it. Here is my honest review of the COUNTRY Financial® ChorePal app and a few tips for successfully using it.
Use the ChorePal app regularly:
I generally try to keep tasks limited to once or twice day, unless it’s checking email which is a non-stop job for a blogger; I found that logging his chores just once or twice a day was hard. I would often forget or miss something if I didn’t log it right away, and I felt guilty about that. ChorePal wasn’t meant to just log a child’s chores, we are using it to to help him understand personal finance and earning money. How would you feel if your boss shorted you on a few minutes work each day? If I want him to take his chores and finances seriously, I have to also take using the app seriously
Let them contribute to ChorePal app log but spot check the work:
I’ve tried to teach Gabe to tell me the truth, even if he thinks I’ll get mad. When I was younger, if I lied to my parents it was because I was scared of their reaction. When he gets home from school, I always ask him about his behavior and I randomly double check with his teacher. I’ve found that he will tell me the truth 99% of the time; I explained to him that he will face punishment for his behavior/actions at school, but it will get in much more trouble for lying to me. I haven’t found him cheating on ChorePal app yet, but I expect he will test his limits sooner or later.
Pay out rewards or allowance on schedule:
You don’t want to work for someone who doesn’t pay on a regular schedule, so don’t expect your child too. If you promise an allowance for completing certain tasks or milestones that week, then you need to follow through. Children won’t take the ChorePal app seriously if you don’t take it seriously.
It was a little hard to remember to use the ChorePal App at first. My son is younger and he didn’t remind me like an older child might. I believe that older children would appreciate this app more than younger ones, and might contribute to it more.
Gabe is a list maker. He likes to be able to see tasks laid out for him and mark them off as completed. I found that the ChorePal app made it easier for me to keep a reoccurring list of his chores and allowed him to mark them off as he finished them.
The COUNTRY Financial® ChorePal App was developed by COUNTRY Financial® to help family discuss savings and finance with the aid of daily household chores. The premise of the app is simple, if you work regularly, you can earn money. It also allows children to set savings goals to earn money toward a larger item or reward. What purpose is the purpose of chores and allowance? It varies from family to family, but many families use them as a tool to lay the foundation for personal finance. The COUNTRY Financial® Security Index examined Americans’ feelings on the topic of teaching children about finances through the use of chores and allowance. COUNTRY Financial® offers a wide range of insurance and financial services. Their offerings range from auto, home, business and life insurance to retirement planning services, investment management and annuities.
Are you using anything to help log your child’s chores or allowance? I hope you’ll check out the COUNTRY Financial® ChorePal App (which you can download here) and I would love to hear more about how you teach your children about personal finance.