Money Management Software for Kids
It's never too early to learn good money managing skills. Children often underestimate --or are unaware of -- the time and hard work required to earn a living. Showing your kids the ropes at an early age may help them manage future accounts and gain mom and dad some appreciation in the meanwhile. A modern way to educate your child in financing is to play financial games with money management software. For kids specifically, you may not find many programs. But the good news is that a number of basic money management software programs are kid-friendly and easy to use.
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KidsSave
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"KidsSave" money management software for children allows kids age 6 and up the opportunity to control their own virtual bank account, make investments, earn interest and manage accounts from the comfort of your family computer. Kids can begin with the simple money counter to recognize coins and bills and practice adding and subtracting money in various denominations. Children can also customize their profile, create PINs, make virtual deposits and withdraws, set and track financial goals and practice all aspects of real-life money management. Parents can participate as "bankers" who have the administrative power to set interest rates, fees and monitor your child's activity.
King of the Gas Station 1.0
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"King of the Gas Station 1.0" is arcade game-like software that teaches children how to earn and manage money by running a virtual on-screen gas and service station. The goal of the game is to earn up to $1 million pumping gas and servicing the cars that patronize your child's make-believe business. Your child will be required to perform three different services -- each with individual prices -- for nine types of cars. Kids practice addition while they earn, multiplication as they plan and division when estimating which services produced the greatest profit.
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Rich or Poor
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"Rich or Poor" money management software is a simple and easy to use full financial tracking system that is designed for use by individuals, families and small businesses. It includes more than 30 types of financial reporting systems related to business and domestic finances such as earnings, savings, budgeting, investments and checking. Students of most ages can use Rich Or Poor money management software to learn favorable wealth management habits to prepare them for future "real-life" earning, spending and investments.
Where Does My Money Go?
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"Where Does My Money Go?" is a money management software program created to assist adults with learning disabilities and other intellectual handicaps in learning to manage their money in everyday situations such as grocery shopping, paying bills, going bowling and dining out. The in-complex video game-like format makes the program an ideal source of wealth management education for youngsters as well. The game includes voice prompts, virtual dice, playing cards and simulated money, and can accommodate up to four players at a time.
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