Family Mint is a web-based money management program designed to help children learn about handling their money well. It is easily adaptable to most money management theories, such as Dave Ramsey or Crown Financial Ministries. We tend to follow those put forth by Crown, since we had read several of Larry Burkett’s books in early years of our marriage. Anyone can access the website for free as they are still in the beta test mode. The graphics are fun, and it is easy to set up and use.
Because we’ve had a lot of computer/wireless problems in the past month, I’ve not used this site as much as I would like to. I've only set this up for my 10 year old so far. His goal is camp this summer. We had budgeted it, but he is now "earning" what we are paying toward it. He's also saved up from Christmas money, so he has quite a bit already. He's earning money through additional chores-shoveling the driveway, vacuuming the basement stairs (my pregnant belly is making this difficult), and a host of other jobs. I'm working on a list that will have amounts listed for each one. I'd like him to become more independent with looking for ways to help around the house. He tends toward wanting to read rather than work (hmm...wonder where he gets that!)
We really prefer to work on paper with this, so he gets the ideas behind money management and practices math at the same time. while this product would be great for those who do their banking online, it just isn’t a good fit for us right now.
