I imagine my almost 6 yr old will soon be asking good ‘ol dad for an allowance. With the new website Tykoon, I’ll be armed and ready!
From a NY Times article – “While the site, which is aimed at primarily at 7- to 10-year-olds, is not a bank and does not tap into parents’ checking accounts, it’s supposed to mimic a bank in some respects. Parents can set an allowance level and automatically “deposit” virtual dollars into three categories, Save, Give and Spend.”
Sounds simple and efficient. And when it comes to money and kids, anything that can help make my life easier is a welcome addition. Note to self, bookmark Tykoon NOW!