For parents seeking a tool to introduce good spending habits and teach financial literacy and independence, Till’s free app and debit card combo for kids, adolescents, and teens is a great option, which lets parents collaborate with their kids to foster smarter spending decisions.
Till is an intuitive, easy-to-use app and card that seamlessly enables families to transparently make personal finance a daily discussion and teachable moment, thus demystifying money management for kids and teens and cultivating smarter spenders and savers.
A few Till Financial features that foster financial transparency, collaboration, and literacy:
- Kids and teens can pay for everyday items with their own debit card
- Sync the card with Apple Pay
- Track spending and saving
- Give money to kids instantly
- Automate allowance payments
- Securely link to an external bank account
- Refer friends and family to earn bonuses
Benefits for kids, adolescents, and teens:
- Independence of making their own financial decisions
- Real-world spending experience
- Seamless in today’s cashless society
- Easy, metered access to money when kids and teens need it
- Buy the things they want and learn saving techniques
Benefits for parents:
- Makes monitoring kids’ and teens’ spending simple
- Minimizes or eliminates stress from family arguments about money (often born out of a lack of transparency)
- Peace of mind that kids are doing the right thing (with a window into their habits and actions)
- Confidence that kids and teens will be ready for the future, such as paid internships and jobs, work-study programs in college, and other real-world financial encounters that are merely an inevitable aspect of growing up