24/7 MOMS

Tuesday, April 5, 2011

Count My Beanz

It’s National Literacy Month, and there’s no better time than NOW to teach your kids about money.  No preschooler is going to sit through Finance 101, so a brand new website helps parents teach young kids about money in a unique and fun way.  CountMyBeanz.com helps kids grasp an early concept of money with a fun, kid-friendly currency called Beanz. Beanz are earned as positive reinforcement for an array of good doings- a kind deed, good behavior, a job well done, etc.  Parents can add in another layer of learning by teaching saving and donating.
Here’s how it works: Each child has a Beanz Spending and a Beanz Savings account, along with access to a community Donation account.  Beanz can be added, redeemed (“cashed-in”) or donated. Redeeming is done by subtracting Beanz from the child’s account which triggers the option for the parent to have a custom Beanz Reward Card mailed to their child (and what child doesn’t LOVE getting mail!).  The optional Reward Card ($5) announces their reward, which parents determine and supply (a special toy, slumber party, staying up late for movie night, a trip to the zoo).  What’s more, $1 from the sale of every Beanz Reward Card is donated to K.I.D.S. (Kids In Distressed Situations).



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