this post was submitted on 30 Oct 2024
34 points (97.2% liked)
Parenting
1763 readers
3 users here now
A place to talk about parenting.
Be respectful of others' parenting decisions.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
We do Greenlight for this, which has a management app and a debit card. It's not perfect, but it's working well for our preteen son and is pretty flexible. We can add money when he completes chores and can partition what he can spend where. It works and he's definitely gaining more of an understanding of how to manage his money.
Edit - Greenlight also gives you a qr code and payment link that (e.g.) his grandmother can use to pay him for mowing her yard, etc. No cash involved.
This is so steep at $6/mo
Yeah, that's a really steep price for what amounts to a special checking account. (And we're currently at like 20/mo for my kid, until it gets negotiated up, so that's a large chunk of that budget)