Unfortunately, teaching kids to be financially responsible can be a bore for them and a nuisance for parents. Wouldn’t it be great if kids could learn money management in a fun, interactive way without the boring lectures? With Doughmain.com, there is.
The idea behind Doughmain.com is to provide organizational tools, games, financial information, and other features to parents and kids alike. The site provides a “family management” tool designed to help parents teach their kids about responsible finances. Chore trackers, family calendars, and other organizational tools help to teach financial responsibility and money management through interactive games and tools.
Doughmain also allows users to link their personal bank account, allowing users to view balances and employ their newly learned financial skills in real-life. Parents can even set up a pre-paid debit card through their website that their kids can use.
Doughmain even breaks down financial education by age, with three differing games to help teach three different age groups. “The Fun Vault,” for kids five and up, deals with currency recognition, making change, and discerning between wants and needs. In “Sand Dollar City,” pre-teens are given a pretend candy store with a debt problem they must solve through earnings, saving, investing, etc… “I Rule Money,” the final of the three, is made for teenagers and consists of a series of short educational videos.
Will Doughmain.com Work?
The important question: will Doughmain work? Doughmain is a great way to start a conversation of financial responsibility with your kids, but beyond that it may be a lot of bells and whistles. On the other hand, the games seem genuinely compelling, and may actually provide a real value to your kids’ financial life. Don’t feel pressured to use the site’s extra features if you think it’s something you can do on your own.
If you’re having a hard time breaching the subject of financial responsibility with your kid, Doughmain.com might be the start you’re looking for.
Have you talked to your kids about financial responsibility or money management? How do you intend to start? Talk about it in our comments section below.
Jessica Bosari is a PerkStreet Customer Columnist, as well as the Site Manager and Editor for billeater a blog with money-saving tips to lower your bills. When she’s not gathering money-saving tips, Jessica is feeding her geeky side with sci-fi movies, tech gadgets, useful apps and productivity tricks, just to keep things interesting. Read more of Jessica’s great financial advice on Perkstreet’s blog, or view her other money-saving tips at billeater.com.