One of the greatest gifts my parents gave me is the basics of financial literacy. As a parent to a 14 year old and 10 year old I want to pass that on as well so my kids are set up for success in life.
Years ago, I set up our boys with Greenlight, a debit card and money app made for families. Their allowance is automatically deposited into their account and is divided into three buckets: spending, saving, and giving. With Greenlight’s investing tools, I’ve helped my kids learn how to invest in stocks and mutual funds and they can see those investments grow.
This past January, my boys each made sizable charitable contributions of their own money to nonprofits doing work they believe in and that was only possible because Greenlight automatically sets aside money from their allowance. They are so proud of this and so am I.
I talk to my kids about money all the time, but the lessons that hit home the most are the ones that come from the real-world. They’re able to be independent with a debit card, and track their money in the Greenlight app.
Before you know it, your kids will be leaving home to build a life. Do they have the financial literacy they need for success? Greenlight can help you prepare them.
Sign up for Greenlight today and get your first month free.