Dad to write his simple summary of how this article relates to moneysweet here. The theory basically states that over time, a new idea can gain momentum and then diffuse. The end result is the adoption of the new idea (or habits!). It starts with the innovators who jump right in at opportunities, then early adopters who are leaders or instigate change, then the early majority (who top the bell curve - see image below) before the diffusion begins within the rest of the population. Interested in learning more? Read the article below.
5 Simple Money Goals for Kids
Once children start getting an allowance or paper route, they can start learning about money skills, both saving and spending. Moneysweet is a great, simple tool to help them form good habits from the very start that they can carry into adulthood. Easily track their money coming in, the money for future savings, and the money for something exciting they are saving for. Responsibility and joy are achieved!! Check out this article from Bankaroo on ‘5 simple money goals for kids’ that is a great start for your youngin’s, which Is a good starting point leading up to using the moneysweet app.
