Rooster Money

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Rooster Money

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Alice
I needed to teach my kids how to save and be accountable. I basically wanted them to learn financial management. I talked to a colleague of mine about my concerns and he told me that he and his wi...Read on

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    Savings App

    I needed to teach my kids how to save and be accountable. I basically wanted them to learn financial management. I talked to a colleague of mine about my concerns and he told me that he and his wife have been using Rooster money to teach their kids accountability and savings. He asked me to try it out. I was wary because of some of my past experiences with online apps. I decided to give it a try, so I studied the app with my husband to be sure that we wanted our kids to use it. The interface is kids friendly and it is a good way to teach kids saving. My kids love the app and have a different outlook to money now.I highly recommend Rooster Money to parents looking to teach their kids savings.

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    Alice
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Rooster Money

A good habit that parent can teach their children at a young age is the habit of saving. It is important to cultivate the habit of saving in children as doing this will help children consider future consequences of spending money rather than saving money. There are various ways that parents can help develop the habit of saving their children. Some of them include: letting them earn their own money, discussing with them the difference between need and want, and creating a saving goal for them. Most times, if you create a savings goal for your kids, they'll need a place to stash their cash. It could be a piggy bank for younger kids, or if they are a little older, opening their own savings account or checking account at the bank would be helpful. This will help them see how much their savings are and the progress they are making towards their goal. Rooster Money claims to understand this and therefore focuses on offering a platform for children's savings. We suggest you read honest customer reviews of rooster Money here before visiting their website.

About Rooster Money
Rooster Money is one such platform that asserts its expertise in providing a platform for children's savings. Rooster Money claims that their allowance app is trusted by hundreds of thousands of parents and kids because it keeps track of allowance and spending, with no deposits required, and provides a platform of chores and interest rates with Rooster Plus. Rooster Money asserts to have a treasure trove of educational and fun articles for the whole family, ranging from pocket money tips, advice from experts, and guides on how to talk to kids about money. The firm also claims to have useful tips for teaching kids about money. It ranges from how much pocket money to give and the appropriate age chores ideas to fun activities for fascinating rewards. 

Products and Services of Rooster Money
Rooster Money offers its customers a means for children to start saving and also the opportunity for parents to teach their children how to save. Rooster Money has different plans that help parents choose the right saving plan for their children. These plans include; Virtual Allowance Tracker that sets an allowance to get automatically delivered to your child's account on a specific day. Or, if you prefer to manage it ad-hoc, you can boost the money as and when! Rooster Plus that sets up an Interest Rate on their Save pot and reward them for the money they set aside. The Save pot encourages kids to set some money aside for the future (think of it as a rainy day fund). With PLUS, you can set an Interest Rate, and their interest will get added to their Spend pot at the start of each month! And lastly, the Rooster Card that lets children make considered spending choices with their card – while their parents decide how much responsibility to hand over.

Compliments, complaints, and tips of Rooster Money
Have you ever subscribed to Rooster Money via their app before? Was the process a smooth one for you? Was their service as good as they claimed? Are their website and app user friendly? Did you get the best experience of your investment after giving them a try? Kindly leave a review as your feedback will benefit the company and help potential clients make timely decisions. We’d love to hear from you soon.