Do you want to teach your children money management, but do not want them to make mistakes with "real" money?
Family Mint is a free online website where parents and kids can make deposits or open a savings account.
Kids can set goals for saving their money, learn how to manage their money, request withdrawls and much more!
Parents can log in and see all of their children's accounts at the same time, make deposits, keep track of allowances for their children, & much more!
There are many opportunities for the children to see where their "money" is going, how they are spending it and how much interest it is earning.
Paretns can use this as a tool to keep track of real money or just practice money management with virtual money.
We do not give our children allowances, so this program seemed to not be a good fit for us. However to teach our children about money management this is a good program to help them understand the tracking of their "money."
Check out what other TOS crew members had to say about Family Mint.
*I was asked to review this website program and write a review as part of the TOS crew. I was not compensated and this review reflects my own opinion.