Spending habits change over the summer holidays. We have found that families tend to use Roosterbank to reward with treats and children spend smaller amounts more often. It is important that kids do keep good spending habits going into the new school year and to support this we have teamed up with Children’s University to design a fun workbook for children to complete, you can check it out here.
There has been lots of activity in the world of financial education, and as the new term begins many children will start formally learning about money matters in class. Here is what has been happening out of the classroom and around the web:
Should children get pocket money when parents are paying their way through rising bills?
Is pocket money still something children should get when parents are already paying their way through rising bills? Catherine Lillington finds out how much is in the piggy bank…
What do Nottingham kids spend their pocket money on?
Children across the county are spending their pocket money on technology, according to a new survey.
The vital lessons we ALL have to learn about cash
This article from ThisIsMoney focuses on the tools available to families to help manage pocket money, we were really happy that Roosterbank received a very positive mention!
Pocket money goes digital for today’s kids
Recent research from Halifax shows children are spending more and more of their pocket money on virtual items such as downloads and computer games. This signals to educating children on how to budget from as young an age as possible.