Financial education for children: With the bling pocket money app, learning to deal with money in a playful way

Financial education for children: With the bling pocket money app, learning to deal with money in a playful way
children and finance: What parents should pay attention to in the digital age
children and finances are a challenge for parents in the digital age. More and more children use their pocket money for online shopping and lose track of their expenses. In order to counteract this and to sensitize children at an early stage to the responsible use of money, Nils Figwinter and Leon Stephan developed the family app.
The app enables children and adolescents to pay independently and to learn how to deal with money in a playful way. With a prepaid card, you can do your own payer's experiences and understand the value of money. But how can parents bring their children closer to dealing with money?
Nils Feigenwinter developed five tips in collaboration with educators:
- come into contact with money: children should learn early that money is worth. To do this, parents can enable them to make their own payer experiences at a young age, for example when buying ice cream.
- Regular pocket money: pocket money should ideally be paid out regularly on the same day without children to remember their parents. In this way you learn to plan your finances and keep an eye on. Learn to save
- : If children have larger wishes, parents can draw up a savings plan together with them. A call money account is suitable for short-term wishes, while long-term plans, such as the driver's license, can be realized by a fund savings plan. Use
- pocket money apps: In the digital world, children can also playfully learn how to deal with money. Pocket money apps like Bling offer children their own card and enable them to receive their pocket money digitally and thus pay safely. At the same time, they are informed about the value of money through educational content and learn how to spend sustainably.
- Trust is important: In order to achieve financial independence, it is important to have children made. Errors are part of the learning process and it is better to learn from smaller failures at a young age, instead of later risking larger mistakes.
The financial education of children is of great importance to give them security in dealing with money later. With the right measures and a playful approach, parents can prepare their children for a financially responsible life in the digital age. Financial education should begin in childhood, because if you learn how to deal with money early, you also keep an overview as an adult.