The KidsWealth money program is designed to teach young children the value of money, how to manage money, how to build smart money habits and how to develop a mindset for success! Developed over a period of years by parents, educators, and financial experts, our hands-on program blends easily into your everyday life and uses real money to provide ongoing learning for your young children in the development of responsible money management skills.

The KidsWealth money program is simple, fun and easy to use for both parents and kids ranging in age from 4-12. Our program guides your children in managing their own money every month. Each child receives an award winning KidsWealth^® Money Kit that contains all the materials to get going on our program. Each month your children will allocate their Kids’ Pay^TM into their five KidsWealth Account Wallets and manage their money following our recommended guidelines. It takes about 30 minutes to get set-up and running and typically takes a family less than 15 minutes a month thereafter to administer. Fast, easy and powerful.

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

Each money kit contains all the materials you need to get started on the KidsWealth program with each of your children.

YES. A KidsWealth Money Kit is required for each child in the program. Think of it this way... would you want to share your Wealth Account wallet with a sibling?

You can be up and running in about 30 minutes.

The benefits of teaching your children to manage money include:

• Kids learn to make better decisions
• Stop begging or asking for money
• Learn the value of money
• Develop greater self-esteem
• Learn how to ask for what they need, not just what they want
• Understand that money is about choice
• Live their family money values
• Make money mistakes in a safe and low risk way

Each 80+ page book is packed full of age-appropriate games, activities, account tracking and more to enhance the learning of the KidsWealth Program. We have developed three KidsWealth Trackers, based on standard age groups to support children between 4-12.

Check out our KidsWealth Tracker Interactive Demo to learn more.

Our program provides your children with practical skills and knowledge and provides a perspective about money based upon your family values and beliefs. Your children will learn to differentiate between wants and needs, understand and accept limits, and tap into their natural generosity. The techniques we recommend minimize the “I wants” and maximize your child's propensity to save and make wise spending choices.

Our program is based on a new paradigm. The KidsWealth money program sets us a part from the typical allowance programs in four key ways:

1. We believe that young children should first learn how to manage money before they learn how to earn it. So our program has no chores.
2. We believe that the amount of money a child manages should be based on a portion what a family is already spending on each of their children. So each child will have sufficient money to facilitate the program based on family needs, lifestyle and values rather than basing their pay on how many chores they finish or how old they are.
3. We believe that a child should look at their job of managing money just like we do, over the time span of a month. So our program pays kids once a month, not on a weekly basis.
4. We believe that a basic budget should encourage children to spend some of their money on items that enrich them. In addition to the usual savings, spending and sharing categories, KidsWealth teaches young money managers to invest in their learning and life enrichment through the Learn category.

Research shows paying for chores does not teach kids about money and responsibility. It is a behavior modification tool to induce kids to get stuff done around the house or to do well in school. Often these chore-based programs are tedious and time consuming and don’t produce the results intended. If it does, then results will only continue as long as the reward is available and meaningful, which changes for kids often.

Children are not born with "money sense" but learn about money by what they see, hear and experience. Children have few opportunities to learn money skills other than from their parents. You may be surprised at how much your children already know about money. They learn by watching what you do with money. They also learn how you feel about money by the look on your face, listening to the words you use, and how your voice sounds when you talk about money. We would like to show you that you don’t have to be an expert to provide appropriate experiences for your children to learn key money skills and habits.

No. Our program is based on a new paradigm. The KidsWealth money program sets us a part from typical allowance programs in four key ways:

1. We believe that young children should first learn how to manage money before they learn how to earn it. So our program has no chores.
2. We believe that the amount of money a child manages should be based on a portion what a family is already spending on each of their children.
   
   So each child will have sufficient money to learn based on family needs, lifestyle and values rather than basing their pay on how many chores they finish or how old they are.
3. We believe that a child should look at their job of managing money just like we do, over the time span of a month. So our program pays kids once a month, not on a weekly basis.
4. We believe that a basic budget should encourage our children to spend some of their money on items that enrich them. So we have a budget category called Learn, besides the usual savings, spending and sharing categories for our young money managers.

No, by re-allocating a portion of what you already spend on each child every month you are simply shifting the decision making of how to spend, save and share the money to your child.