By Loconuts, Inc.
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In the current financial climate, it's important that your kids understand the value of money and the responsibilities necessary in handling it; but is there a best way to engage them on how to make the right choices with their money?
That’s the purpose of P2K Money. This is an easy-to-use iPhone app for parents to teach their kids about managing money with tools that allow you to oversee budgeting, spending, savings, and a wishlist.
Working in conjunction with the P2K Money website ( http://p2kmoney.com/ ), P2K Money is an ongoing effort to help parents with their kids’ money education: how to spend it, how to save it, but most importantly the responsibilities and value of making the right decisions with it. Help make sure that the next generation is on the fast track to financial responsibility and independence.
-track your income and expenses
-an overview of all your money
-maintain a wishlist to help save money towards items you really want
-add an image to each wishlist item to increase motivation
-a history of all the coveted wishlist items you've purchased
-customize the background to add some personalization to your money management experience
Nice, simple budgeting tool
This is a good tool for keeping a simple budget and maintaining a wishlist to save money towards. I don't have any kids but I can see how it would be useful for them to learn how to save what money they have towards the things they want. A lot of the other budgeting tools out there try to do too many things, so I like the simplicity of this tool. The fact that the graphics are fun and you can customize the background etc. is nice as well.
Simple Budget Tool For Today's Reality
While previous posts point to an obvious benefit of educating kid's about responsible money management to avoid the spend now, pay later credit mindset. Today's economic recovery reality is that everyone can benefit from this easy to use tool. College kids, adults and even Seniors will find this useful money tracker to manage and save up for anything! Best of all, it's FREE!
Great app for kids to learn budgeting
This is a great app as all finance app are too complicated for kids to use and this is very simple and fun. Also for those adults who have a set allowance for themselves can use this to save up for their items in this tough economy.