No more allowance guilt

I struggled every week to have cash to pay allowance, so mostly it wasnt paid. Being young, my kids didnt really care too much, but they also werent learning how to handle money either since Id often give in and buy that trinket out of guilt knowing that I owed them allowance. FamZoo has totally solved that problem since the money is effectively virtual. I literally cant forget to pay it since it is automated and never need to make change. My kids are now engaged with learning about finance with the tools to track saving, and we get to talk again about the useless stuff they spend money on when we review their spending every couple of weeks: "so heres that $2 you spent on the funny pencil. Do you still think that was worth the money? (And by the way do you even know where it is?)

Tip: check out the blog from the earlier days of the app as well as the associated family finance favs blog for some great ideas about how to get more from the app (love the "could have earned" account where we note how much was spent on stuff that just wasnt worth it as well as jobs they passed on so they can start to connect long term financial effects to short term decisions) and how to approach finance education with your kids.

E*W about FamZoo Family Finance, v3.0