bCashCoach App is a helpful tool for busy parents teaching their kids healthy cash habits together with eco+logical awareness and care for our planet.
It is designed for users with two different roles: Banker (parent) and Clients (children) with two different levels of access for editing provided by parents Master PIN and clients PIN protection. Each client has their own PIN but only the parent can make changes.
bCashCoach App enables:
- set up and manage childrens virtual bank accounts (a virtual piggy bank)
- track, record and edit savings
- create and edit saving plans
Children can just view their own bank accounts, saving plans and edit their PINs.
As a central motive of this iPhone App it suggests a symbol of a hard-working bee that is used to make working and earning more fun. To invite playfulness and make it more attractive for children, all money transactions and visualizations are made in a fantasy bee-money currency (bMoney). Parents can choose from three different exchange rates.
bCashCoach App teaches key money concepts to children and engages them in a process of learning about the value of money. Using bCashCoach consistently allows your children to experience and enforce their growing skills in those areas:
- needs vs. wants
- saving vs. spending
- planning vs. impulsive shopping
- endurance vs. lack of self-discipline
- own decision making vs. peer pressure
bCashCoach App enables you to set a clear allowance scheme for your children, but this is not a traditional system. It is a real life experience for your kids to learn the value of working for money. In order to keep children interested, App automatically provides star rating statistics and gives a motivational degree based on their saving/spending behavior.
bCashCoach is an unique App teaching your children that a wise shopping decision is an open doorway to share eco+logical values. For example considering recycling, carbon footprint or buying fair trade products.
bCashCoach underlines parents authority to provide basic financial education. You might not feel as an expert, but you do use money everyday. Find out what cash habits you would like to pass on to your kids and what new habits you would like to build for them and for yourself. This App can be used in your day to day life so you can become a cash coach for your kids!
More educational tips can be found on our web site www.bcashcoach.com
bCashCoach App is geared towards parents with children ages 4-12.