Formulated by experienced educators based upon proven lessons, the KidsWealth program helps children develop their own understanding of savings. Designed to help teach children to save money, the program establishes the right incentives so kids begin to shift their behaviour where saving is encouraged. The result of extensive real-world testing, the kits are both family and kid-friendly. Rather than explaining financial principles to your children, kids can begin to explore and understand the importance of savings for themselves.

The program helps families to start teaching kids about money in a fun, effective format. Designed for children of all ages, the stages of the program range from ages 4 up to 12. As part of the educational process, the program provides each child with a user-friendly Money Kit that gives structure to their financial decisions. Designed to be simple and effective, each child allocates their Kids’ PayTM to their Account Wallets which are tracked. We keep the program simple and effective – tracking takes less than 15 minutes each month, and helps create a fun, educational structure to encourage self-discovery.

The KidsWealth Money program is designed for kids ages 4 -12.

The Money Kit lessons extend beyond a basic saving money program for children, and provide a wealth of fun, exciting materials to encourage your children to actively participate. Each stage of the program has its own unique supplies to teach children to save money according to their developmental stage, including:

• Five Color Coded Account Wallets Which Is an Educational Alternative to a Child’s First Piggy Bank
• Kid's Guide Specifically Written to be Kid-Friendly, As well as a Parents Getting Started Guide
• Your Child’s First Kid’s Pay Agreement Sheet
• Kid’s Pay Stickers to Keep Your Kids Saving Money Over Time
• A Kal and Pal Calendar and Pencils for Tracking
• A Kid-Friendly KidsWealth Calculator To Teach Math Skills

YES, a KidsWealth Money Kit is recommended for each child in your family. Each child should have his or her own Wealth Account wallet to encourage independent learning.

Yes! We designed a program to make the process of providing kids allowance even more efficient – it takes less than 30 minutes to setup the program, and less than 15 minutes to track progress on a monthly basis. While there are other programs to help children learn about money, we specifically designed KidsWealth with a keen understanding of the importance of family time.

The program is designed by leading educators to provide an interactive resource for financial education. KidsWealth can help teach children to save money by reinforcing the habits that can develop effective, long-run responsibility:

• Money and chores become linked, encouraging children to make better trade-offs and decisions
• Kids allowance becomes a privilege, not a right, encouraging responsible savings
• Careful tracking and record keeping, as well as limited resources, helps teach kids to save money
• Empowering children to control their own financial lives builds awareness, knowledge and experience in managing one’s own money

As experienced educators and ever-patient parents, we understand the importance of combining information with entertainment. The Tracker activities provide over 80 pages of fun, educational games designed for each age group. Helping to reinforce the core lessons of the program, you can try out an Interactive Demo.

Yes, we have spent years testing and improving the program to get the best possible results. Each lesson and step in the program is grounded in practical skills and a keen appreciation for savings. In order to teach children to save money, the program helps children to prioritize their spending – making smart tradeoffs will teach them the importance of patience. Since each family and child is unique, we provide a parental guide to help you tailor the program specific to your family situation.

We developed KidsWealth from our own extensive experience in education, and focused on ways to develop a unique program that is focused on the principle of independent, structured learning for each child. In particular, kids allowance shifts from a given to a means to realize their goals through key principles:

• We focus upon helping children to discover the importance of making tradeoffs and managing their time, rather than just focusing directly on allowance, money and chores. The result is a focus on developing and implementing lasting priorities for teaching children about money.

• The program allows for customized kids allowance structures for each family. Since each household has their own approach to kids’ allowance, you can adjust the program to fit your particular needs.

• Based on our research working in educational environments and feedback from parents like you, the program is structured for monthly children allowance payments to encourage kids to start saving money over time.

• KidsWealth features categorized accounts which teach children to save money according to their priorities. The KidsWealth Learn account encourages children to invest in their education, giving them a greater appreciation for self improvement.

Our extensive research into effective methods for teaching kids to save money revealed the importance of independent discovery. Money and chores-based programs rely upon induced structures which often tedious to children. With a focus on rewards and independent motivation, children are encouraged to develop their own understanding of the importance of savings.

Early years in a child’s life make a profound impact on their development of appreciation for savings. A child’s first piggy bank represents an initial step toward developing a personal understanding of the importance of patience, honesty and hard work. Teaching kids about money requires that children experience their own personal responsibilities when it comes to savings. An educational, interactive program, KidsWealth gives children all the tools necessary to build the proper mindset for successful long-run financial habits.

Leading education professionals developed KidsWealth as a proven program that is unique from traditional programs that focus solely on kids allowance, money and chores. The program aims to develop proper understanding by empowering children to make their own decisions:

• To encourage children to start saving money, the program focuses on smart money management skills. By developing an understanding of savings, children are more likely to make better time allocation and spending decisions on their own.

• Since each family is unique, each child’s money allocation is proportional to the amount you are currently spending on each child. This ensures that the program provides a sustainable structure according to your individual family’s resources, values and budget priorities.

• Rather than traditional weekly programs, KidsWealth utilizes a monthly model to encourage children to take a more complete approach to savings programs. With a full monthly calendar, children allowance allocations are evaluated and adjusted accordingly to goals.

• Traditional allowance programs that focus only on children’s allowance, money and chores don’t take into account spending priorities. By dividing “wallets” into categories, children are encouraged to budget their savings and prioritize their spending with a forward-looking approach.

Studies have shown that by shifting spending allocation decisions to children, each child will take responsibility over for their own personal savings. Since the allocation is proportional to your current spending, children have to make smart forward-looking decisions according to their priorities