This post brought to you by DoughMain.com. All opinions are 100% mine.
I’m terrible about keeping my children accountable for doing their chores. I don’t do the allowance thing. So I realize I’m not doing the best when it comes to teaching them how to take care of themselves and their money. About a year ago I did open a banking account for my son. Well actually it is under my name but he has a card and a check book. My thought was teaching him how to balance a check book and start to become more financially responsible. He is 14 and soon will be making his own money and he needs to know how to manage it.
I was recently introduced to doughmain.com and honestly I have never seen a site with such a unique idea. I really am intrigued and excited to see if I can get my kids to participate. My favorite activity is the chore tracker.
The children can log onto their account and see the chores I have set up for them. They can check when they have done the chore. As a parent I have set it so I can review for completed chores before the chore is logged. They then earn Dough points. Dough points can then be turned in for privileges or real currency. You can set how many dough points can be earned for each chore. You can select from a list of chores or add your own.
I also love the idea of the financial responsibility games. I think games are a brilliant way to engage your child and teach them when they are not even aware they are learning. There are three core games at DoughMain.
- TheFunVault.com : a Flash game portal teaching basic money lessons to children ages 5 and up
- SandDollarCity.com : a multiplayer virtual world where children ages 8 to 12 manage a family candy shop
- IRuleMoney.com : a site for ages 13 to 17, featuring 30-second videos of teens talking about all things financial, from jobs, credit cards, car loans, to credit score
DoughMain‘s purpose is to supply you with family organizer tools that you can use to keep your family organized and track their progress. With three children I admit organization is not my strong suit. I do manage to get my children where they need to go and if anyone suffers it is usually good old mom. I took a peak at the calendar and adding in a birthday party my daughter was invited to this weekend. You can request reminders via text message or email.
Right now you can signup at http://www.doughmain.com using “dough” as the reference code for a chance to win a $500 Visa gift card. I encourage you to give it a look and sign up it is FREE. This is a great tool for you and your family.
When our daughters got old enough to write clearly, my husband would let them practice writing entries into the check book. We also told them to save up their money so they can buy a few big items instead of a lot of small meaningless items they probably won’t like months from then.
Good idea to teach it early.
I love doughmain, I have read some fantastic things about them and tons of reviews from bloggers. I cannot wait until my 20 month old is old enough so I can teach him about responsibility with money. If you start young you won’t have reckless spenders
What a great idea! Thank you for the review! I will check them out
Thanks for sharing this site, I’ll have to check it out.
It’s so important to teach kids about money. These are good tools.
This is an unique site
I have a 20 month old son and I make it a habit to have him put into savings 20% of it and the other will go in his “shopping” account… which is for when he is older and needs a car
but it is so as he grows he understands the concept. I love this whole idea!
Following from a blog hop!
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