Allowance Kit, Junior!: A Money System for Little Kids
Author: Summit Financial Products, Michael J. Searls, Todd Clary
List Price: $19.95
Our Price: Click to see the latest and low price
ISBN: 0964826518
Publisher: Summit Financial Products Inc (May, 1997)
Sales Rank: 156,282
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 5 out of 5
Don't miss this!!
My daughter (7 years old) has had this for several years. When I tell people how wonderful it works they want to buy it right away. But it's not been manufactured for years! By this now before it's gone. The three parts (one for NOW, one for SHORT TERM GOALS (say, a skateboard) one for LONG TERM GOALS (a car upon high school graduation or a horse). I struggled with credit card debt for years and vowed my daughter would not. If only all children used this system, we'd change the national economy!
Rating: 4 out of 5
Allowance Kit Junior
This is an awesome tool for kids to learn about saving, investing and spending/giving money. It is visual and fun. I know it seems silly to spend $20 on a plastic 3/part bank, some stickers and a cassette tape, but the visual effect is wonderful for young children. I wish they would have had this around when I was a little girl! It's one of the best $20 you could ever spend on your child.
Rating: 1 out of 5
Oh come on now...
I agree with the principles behind this system 100%: save, invest, give/spend. It's a sound system, and presented at a level that kids can understand (although maybe a little too condescending; my six-year-old was mildly insulted). However, while you're teaching your kids to manage money, you're willing to pay $20 for a plastic bank, some stickers, and a 10-minute cassette tape? I'm not. I was expecting a lot more in the kit (and that's why I'm returning it). Creative parents do as well on their own. This is a prime example of penny-wise and pound-foolish.
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