Posted May 9, 2019
If you’re at all familiar with blogs that talk about how to help your kids learn to be financially wise, you’ve likely stumbled across some articles talking about “Mom Bucks”. If you haven’t, here’s a quick recap…
“Mom Bucks” – introduced to the world by the Diary of a Wimpy Kid book series – is a system that allows children to earn “Mom Bucks” for chores completed. Children can bank these “bucks” and then spend them at their discretion (or pay penalties with them for things like quarreling with a sibling).
For more information about “Mom Bucks” specifically, there’s a great (albeit old) article on the Keeper of the Homestead blog.
The concept is great, but the system is outdated. PlutoPoints brings that concept into the present – by offering the same thing in digital form!
By digitizing the “Mom Bucks” concept, you can reward your child with points at any time – right from your smart phone! This allows them to get comfortable with earning and saving money the same way they will when they grow up (think online mobile banking). They’ll (and you’ll) always know how many points they have and give them the opportunity to use them while you’re out and about.
In addition, going digital allows for some features that just aren’t possible otherwise, like the ability for your children to earn interest on their points (coming soon – in private beta!) or providing access to family members so they can see how your child(ren) is/are doing with their point earning (on the roadmap).
We have so much more planned for PlutoPoints… this is just the beginning! Make sure you sign up and get your children started earning and becoming money-wise from an early age!
Start teaching your kids how to earn and save money with our points system.