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BusyKid-Parents…Give Stock Instead of Toys

in Mommy Life on 10/13/17

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Disclosure: This post is sponsored by BusyKid. #ad

Do you have your children doing chores? My children are 2 and 4 years old and I have them doing little chores like picking up all the toys in their room at the end of the day, putting their shoes away, helping Mommy and Daddy pull the garbage cans from the road on garbage day, helping wash dishes, etc. They find these things fun!  I make them fun, but I still think you have to teach them while they are YOUNG.  My children don’t get an allowance yet.  Maybe I’ll just wait for one of their friends to tell them about that before I start handing out money. lol

Did you know:
-The lack of financial education in schools is the major reason young Americans aren’t prepared to invest in their futures.
-Right now in the US, only 7 states require high school students to pass a basic finance test in order to graduate and it’s possible depending on where you live, that your child would never spend one hour talking about this important topic before being on their own.
-89% of parents say that tying allowance to chores is good training for the real world.

Teaching your children about work ethic and finances is A MUST if they are to live a successful life and not be in debt. As I said, teach them while they are young.

BusyKid makes doing chores fun!  It’s the new and easy way for you to get your children busy around the house and closer to being financially smarter.  It introduces children to chores and allowance in order to develop strong character and prepare them for a lifetime of financial decisions. BusyKid allows your kids to earn, save, share, spend, and invest a weekly allowance. Think of it as their first job.  They complete chores throughout the week and Friday is payday.

BusyKid is easy to set up.  You sign up, pick chores for your child, they check off chores as they complete them, they receive their “paycheck” on Friday, the child decides how to budget their money and parent approves. DONE! The parent is involved in EVERY step.

                    

Concerning stocks, of course, there are risks.  BusyKid CEO, Gregg Murest gives some tips for young investors:
1. Learn The Game -Investing can be a risky game. However, the best time to learn how to play is when you are young. The amounts you invest are generally smaller and if you make mistakes, you have plenty of time to make up for them.
2. Earn Your Stock -Let your children earn money to invest by completing chores around the house. By using BusyKid, your children can automatically turn their allowance into investments.
3. Don’t Fear Mistakes -It’s bound to happen. You pick the wrong stock, pull out too soon or too late. Maybe you lose all you invested. Don’t sweat it. You’re not the first to do it and you won’t be the last. The good news is, you are young and able to rebound from whatever happened. Just don’t quit!
4. Have Fun-Investing can be fun because unlike having your money in a bank account, you can watch your money live in the market. Follow your investments weekly to see if they go up or down. Then when you think the time is right, sell the stock and start all over again.
5. Family Affair-Make investing a family affair or contest. Let each family member have the ability to buy two or three stocks, then over a month, have a contest to see who does better. You can even spend time each night at dinner discussing how the market did and who is winning.

Currently, BusyKid is offering a price of $14.95 per year for the entire family AND the first 30 days are free.  They are introducing the BusyKid Spend Card, a  reloadable Visa® prepaid card, where kids can move their allowance in order to spend in stores or online.  ALSO, for a limited time, 2 kids of each new family will receive a free $10 stock. They want kids to learn how to invest so they decided to give them their first experience in dealing with the stock market.  Aren’t those some great deals?!

My kids are a little too young for BusyKid but when they are older I would love to give it a try!  Stock takes up a lot less space than toys, that’s for sure. 

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Hi! My name is Yolonda. Being a stay at home mom is the hardest and most rewarding job I've ever had. Regardless of my day I always say, Everything will be JUST fine! :-) Read More…

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Yolonda Webb
Fall Break was fun! Pictures never do justice to t Fall Break was fun! Pictures never do justice to the views here in Colorado. It’s beautiful here!

I didn’t get pics of everything b/c I was enjoying the moment. We hiked at Chatfield State Park (beautiful Fall colors) and Rocky Mountain National Park to see Lake Haiyaha (Gorgeous lake. Saw some BIG wildlife on the drive.) We did a bike ride through Waterton Canyon (12 miles total). We played disc golf. We relaxed at home. We enjoyed Fall Break!

Time to get back to our routine. Back to school.

We’ll have more adventures this weekend I’m sure! The benefits of living in Colorful Colorado. Always something fun to do!
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#colorado #coloradoliving #coloradolife #coloradolifestyle #fallbreak #family #familytime #rockymountainnationalpark #watertoncanyoncolorado #colorfulcolorado #lakehaiyaha
I made some ginger shots! Ginger root, lime, & pin I made some ginger shots! Ginger root, lime, & pineapple. I need to adjust my recipe. A little too much ginger root. 🥴 lol
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Please share your ginger shot recipes with me. 😊
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#gingershot #gingershotrecipe #immunity #immunityboost #immunitybooster #immunitysupport #alkaline #alkalinediet #immunebooster #immunehealth #immuneboost #immunesystem #gingershots
We enjoy going on family day trips. There are so m We enjoy going on family day trips. There are so many beautiful things to see in Colorful Colorado! 🗻Enjoying the state we live in!
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#colorado #colorfulcolorado #independencepass #familytime #familytrip #qualitytime #mylittlepeople
Hope you had a LOVELY day! 💙 I was surprised b Hope you had a LOVELY day! 💙

I was surprised by how my afternoon went. My husband surprised me & the kids with surprises that I would have done. I’m the one big on surprises. My husband, not so much. 

From surprise balloons & gifts in the vehicle when we were leaving school to balloons throughout the apartment and flowers along with a sweet card for the each of us. 💞

The kids were SOOOO excited & it made me smile. 🥰

🎶What a mighty good man!🎶
A fun walk home from school! . . . . . . . #colora A fun walk home from school!
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#colorado #snow #winter #beautifulcolorado #momlife #timeslowdown #schoolday #outdoors
Tomorrow’s dinner done! ✔️ Vegan chicken fr Tomorrow’s dinner done! ✔️

Vegan chicken fried rice.

Stay at home mom now elementary technology teacher. Yep, I’m a working girl. lol My first time back to work since my kids have been born. 9 years.

Going back to work has been an adjustment. We’ve found our new routine! I find that doing things at night or early in the morning is helping me stay sane. I want the house & all the things I did as a sahm to keep getting done. Not realistic. I lived & learned.

I get things done but some days after school, getting the kid’s homework done, cooking dinner, getting the kids to bed, I GO TO BED! I gotta take care of me so I can take care of them.

What are some of your tricks/habits that you do to keep your household running smoothly & your sanity? 😊
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#mom #wife #sahm #sahmnowteacher #momlife #wifelife #life #lifechanges #workingmom #workingmomlife #teacher #teacherlife #schoollife #backtowork #workingwomen #workinggirl #dinner #vegan #veganfood #veganmeals #getitdone #sanity #momtips #momtipsandtricks #workingmommy #workingmomproblems #workingmomhacks
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Yolonda Webb
Fall Break was fun! Pictures never do justice to t Fall Break was fun! Pictures never do justice to the views here in Colorado. It’s beautiful here!

I didn’t get pics of everything b/c I was enjoying the moment. We hiked at Chatfield State Park (beautiful Fall colors) and Rocky Mountain National Park to see Lake Haiyaha (Gorgeous lake. Saw some BIG wildlife on the drive.) We did a bike ride through Waterton Canyon (12 miles total). We played disc golf. We relaxed at home. We enjoyed Fall Break!

Time to get back to our routine. Back to school.

We’ll have more adventures this weekend I’m sure! The benefits of living in Colorful Colorado. Always something fun to do!
.
.
.
.
.
.
#colorado #coloradoliving #coloradolife #coloradolifestyle #fallbreak #family #familytime #rockymountainnationalpark #watertoncanyoncolorado #colorfulcolorado #lakehaiyaha
I made some ginger shots! Ginger root, lime, & pin I made some ginger shots! Ginger root, lime, & pineapple. I need to adjust my recipe. A little too much ginger root. 🥴 lol
.
.
.
.
.
Please share your ginger shot recipes with me. 😊
.
.
.
.
.
#gingershot #gingershotrecipe #immunity #immunityboost #immunitybooster #immunitysupport #alkaline #alkalinediet #immunebooster #immunehealth #immuneboost #immunesystem #gingershots
We enjoy going on family day trips. There are so m We enjoy going on family day trips. There are so many beautiful things to see in Colorful Colorado! 🗻Enjoying the state we live in!
.
.
.
.
.
.
#colorado #colorfulcolorado #independencepass #familytime #familytrip #qualitytime #mylittlepeople
Hope you had a LOVELY day! 💙 I was surprised b Hope you had a LOVELY day! 💙

I was surprised by how my afternoon went. My husband surprised me & the kids with surprises that I would have done. I’m the one big on surprises. My husband, not so much. 

From surprise balloons & gifts in the vehicle when we were leaving school to balloons throughout the apartment and flowers along with a sweet card for the each of us. 💞

The kids were SOOOO excited & it made me smile. 🥰

🎶What a mighty good man!🎶
A fun walk home from school! . . . . . . . #colora A fun walk home from school!
.
.
.
.
.
.
.
#colorado #snow #winter #beautifulcolorado #momlife #timeslowdown #schoolday #outdoors
Tomorrow’s dinner done! ✔️ Vegan chicken fr Tomorrow’s dinner done! ✔️

Vegan chicken fried rice.

Stay at home mom now elementary technology teacher. Yep, I’m a working girl. lol My first time back to work since my kids have been born. 9 years.

Going back to work has been an adjustment. We’ve found our new routine! I find that doing things at night or early in the morning is helping me stay sane. I want the house & all the things I did as a sahm to keep getting done. Not realistic. I lived & learned.

I get things done but some days after school, getting the kid’s homework done, cooking dinner, getting the kids to bed, I GO TO BED! I gotta take care of me so I can take care of them.

What are some of your tricks/habits that you do to keep your household running smoothly & your sanity? 😊
.
.
.
.
.
.
.
#mom #wife #sahm #sahmnowteacher #momlife #wifelife #life #lifechanges #workingmom #workingmomlife #teacher #teacherlife #schoollife #backtowork #workingwomen #workinggirl #dinner #vegan #veganfood #veganmeals #getitdone #sanity #momtips #momtipsandtricks #workingmommy #workingmomproblems #workingmomhacks
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