The Smart Debit Card That Will Teach Your Kids Money Management

Teach your kids money management with Go Henry smart debit card

It can be tough for kids to learn about money management. They see their parents handling money every day, but they don't always understand what is happening behind the scenes. That's where the GoHENRY Card comes in! This card is designed to teach kids about budgeting and responsible spending. It will help them learn how to save up for the things they want, and track their expenses so they can stay within their budget.

My niece will tell ya…

I knew I wanted to do something for my niece not only to help her keep up with her chores, and savings and even donate to her favorite non-profits. I wanted her to keep learning about money and have a healthy positive mindset around it. I started looking into options and finally landed on the GOHENRY Debit Card. The card can be linked to a bank account, and it allows parents to set spending limits, track expenses, and even set up savings goals! You can send links to families and friends for their birthday, special occasions or just because!

Here’s how it works:

1. Sign up for it by either downloading the app or heading to the website. 

2. GOHENRY sends each of your kids a debit card with their very own name on it. 

This service costs only $3.99 a month for up to 5 debit cards.

3. Transfer money from your linked bank account(s) to your children’s debit cards. 

You can do this manually, or you can automate a specific amount to go on their card weekly or monthly. My niece is so happy because she is finally going to get a regular allowance again since it will now be so easy to pay her.

I am going to be happy because I can set it and forget it, it doesn’t cost me any extra to do it this way, and I can stop scrounging for cash or making a mad dash to the ATM.

4. Monitor the kids’ spending from your app

The app is very easy to use. The kids can add the app to their phones and sign up with their own accounts so they can request money from you or send you messages via the app. You will get alerts whenever they use their card telling you where they spent money and how much they spent.

You can turn off the card if necessary (especially nice if it is lost or stolen), and continue transferring money in from your bank account to the children’s cards as needed. It is all super slick and user friendly.

Want to try GOHENRY with your kids?

Sign up for GOHENRY and get $30 put into your parents’ wallet to start.

I am super excited to have this amazing tool available to us! I can’t wait to see the growth my daughter and niece experience as they use the cards and begin to learn money management skills that will last them the rest of their lives.

Plus, get $10 plus one month FREE for you from us when you sign up!

P.S. Need help with additional ideas? email us at hi@mamasdinero.com

Financial Disclaimer:
This website (the “Blog”) is created and authored by Alicia Sanchez (the “Content Creators”) and is published and provided for informational and entertainment purposes only.  The information in the Blog constitutes the Content Creator’s own opinions (and any guest bloggers posting from time to time). The opinions expressed in the Blog are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.  It is only intended to provide education about the financial industry.  The views reflected in the commentary are subject to change at any time without notice. Read More