The Online Kids Financial Education Program and Money Management System
Teaching this generation of kid’s practical lessons in personal finance is an essential way to ensure that they live rewarding lives. Learning to manage their finances will have direct positive impact on their health, relationships, and emotional state. You can positively shape their future now. And fortunately, the NFEC’s financial education program for kids is there to help!
Before today’s youth leave home, they’ve already formed personal financial habits that will influence their lives—either positively or negatively. Financial professionals, nonprofit organization, schools and community groups can provide resources that help families teach their kids about money. No matter the child’s age, today’s economic circumstances have made learning the basics of money before leaving home critical to shaping his or her positive future
FamilyMint Software & Kids’ Financial Education Program
The NFEC’s kids’ financial education program provides a fun, interactive solution to teaching youth of all ages essential money management principles. At the center of this program is the award-winning FamilyMint, an online money management application that offers kids and teens essential personal finance skill sets.
The FamilyMint online application helps families manage their children’s allowance online. This interactive program helps kids develop positive money management habits and helps parents support their development with little effort.
The FamilyMint program helps kids grow into adults capable to make the right financial decisions, saving them years of stress and worry. This program leverages active learning principles so your children will have an enjoyable experience while they pick up skills to help them avoid the common financial pitfalls many of their peers will face. .
Families, financial professionals, non-profit organizations, and educators all have used the FamilyMint financial education software to teach kids valuable money management lessons.
Partner Organizations and Outreach
The NFEC collaborates with organizations to provide the kids financial education programs to youth globally. NFEC partner organizations receive a custom-branded online software program designed to help parents and their kids learn essential money management lessons as your organization builds top-of-mind awareness.
Financial Professionals. Financial Planners, Insurance Agents, Realtors and others can empower current clients or acquire new ones by providing the FamilyMint software to the community. The interactive website is custom branded with your information. Build community goodwill and raise awareness by including the FamilyMint program into your outreach efforts.
Credit Unions and Banks. Educate current or new potential clients by proving them an interactive learning experience. Custom branding and strategic ad placements help you connect users with your product offerings in a timely manner.
Nonprofit Organizations. The software and supporting material was developed to help nonprofit organizations and community groups raise funds, awareness and build volunteer support as they educate the youth they serve.
Educators. Bridge the gap between in-class education and real-world implementation while you involve parents in their children’s development. The FamilyMint software is flexible; use it in class or as extracurricular activities. This program makes an excellent fundraiser as well
The NFEC’s kids’ financial education resources transform the complex world of personal finance into fun activities for both children and parents. Parents confidently discuss personal money management skills while children strive to reach their goals online. The system can become a fun habit for children and teens—they’re engaged in the process and many don’t even know they’re learning. But they are.
Youth who use the FamilyMint software become active participants in the learning process. FamilyMint allows freedom to learn at one’s own pace on a technology-based platform to which youth can easily relate. It prepares kids for the 21st-century digital money management world while teaching them vital lessons that will protect them as they mature into adulthood.
Parents who utilize the FamilyMint software to manage their children’s allowances help kids develop essential money management skills. Parents have noted that their children have learned:
How to develop a budget and savings plan.
Details on how to set short- and long-term financial goals.
To build a good work ethic and understand its rewards.
Increased comfort managing money using 21st-century technology.
The importance of earning interest and how saving can impact their lives.
Not only do they learn but they actually start:
Saving for college and other long-term investments.
Planning for their first car purchase.
Budgeting for things they want to buy.
Putting a money management organization system in place.
The FamilyMint program helps children learn important lessons and implement them as they learn. Educators have known for years that hands-on learning drastically improves skills retention and usage rates
This Comprehensive Kids Financial Education Program comes with material you can provide to your community including:
FamilyMint. The complete application includes all the features mentioned above.
Money Grows on Trees. This 30-page booklet helps parents teach kids money management lessons that can have lasting impact on their lives. This guide gives parents tips on how to talk to their kids about money and motivate them to pick up positive personal finance habits.
Money Smart Parent. This 50-minute video breaks down the 10 essential tips for parents to effectively communicate with their children about money management topics.
Family Money Talks. This step-by-step guide features the top financial education talks that parents must have with their children before they move away from home.
Organizations also receive outreach material and support to share this platform with your community. The NFEC team designs an outreach strategy that is aligned with your organizations objectives.
Outreach Plan. The NFEC provides a comprehensive and detailed outreach plan to help organizations maximize the impact of the campaign.
Consultation and Support. The NFEC experienced team of public relations, marketing and financial literacy experts is here to support your efforts. A detailed consultation and support aids in the program’s success.
Managed Campaign. You may choose to have the NFEC handle all elements of the outreach campaign as you focus on your business.
Connect with Parents and Kids
The FamilyMint program and other NFEC financial education resources for kids were designed to help those that want to connect with families in your community. To maximize the end-users usage and increase the frequency in which your message is delivered, the program was designed with busy schedules in mind. Once set up, the program becomes a simple way for parents to manage their children’s allowances.
Easy Set-up. Parents can set up the FamilyMint software in 10 minutes. After the initial set-up, your children’s allowance is completely automated and you can visually see the goals toward which they’re working. The software even features a combined view so you can easily monitor multiple children.
Automated Allowance. Keeping track of allowance can be a chore for parents. FamilyMint makes the process easy. Parents will never have to break large bills or write IOUs to cover your child’s allowance again.
Control. Parents have the ability to lock in money deposited into certain accounts. This feature works well with your children’s savings plan for college and other long-term goals they set together.
Security. State-of-the-art encryption and firewall-protected servers keep your information safe. No actual money is transferred or used; the program simply tracks electronic funds that your children manage. If your children make a mistake, it simply serves as a learning experience—they’ll experience no negative impact.
Mobile Access. For kids and parents on the go, you have complete control of the FamilyMint program on your cell phone
Matching Deposits and Interest. If parents desire, they can incentivize their children with matching funds or interest payments, all of which are handled automatically. When children and teens see their money grow, the real-world benefits of saving are reinforced—which in turn helps them develop positive money management habits for the future.
Savings Plan. Help parents take the burden off cover the cost of college or a first car. If children save for these items, they’ll not only contribute toward the costs, but will learn to value purchases more and achieve a sense of accomplishment.
Flexible. This program was designed for kids and teens. Two different webpage views are designed specifically to reach younger and older kids.