I Love FamZoo’s PrePaid Cards for My Teens
Hi, everyone. This is Lara Hammock from the Marble Jar channel and in today’s video, I’ll tell you about the tool that I use for allowance and money management for my teenagers — FamZoo prepaid cards. I'm a big believer in giving your kids an allowance. Not as a reward for good behavior or even for getting their chores done, but apart from that as a way to promote early money management and financial responsibility. When my kids were younger, I used a whole host of different tools to pay them an allowance, from actual cash, to an allowance ledger, to ultimately the iAllowance app. You can watch the series I did on kids allowance featuring iAllowance, if you are interested. As my kids got older and became more independent, they needed to be able to access their money more easily. For a while, we were on a cash-based system where I took money out in $5 increments and would allow them to “withdraw” cash from their iAllowance ...