Teaching kids about money can be a painful task for many parents. It’s not fun, no one seems to be particularly good at it, and it’s hard to keep (anyone) from glazing over after 5 minutes.
Enter Savings Spree, an award-winning app that teaches kids about money.
The app immediately starts out teaching the right lesson about where money comes from. It doesn’t just appear out of thin air — you have to earn it while working at this “sweet job” (pun intended) sprinkling and frosting cupcakes.
Kids get paid for every cupcake decorated, so speed and efficiency is rewarded, just like it would be for a job well done in the real world. Tasks are timed, so kids need to be on point with their cupcake skills in order to earn the most money possible!
As the game goes along, there is also a “fortune / misfortune” section where unexpected bills (or a source of new money) comes up. For every piece of “good news” there are two pieces “bad news.” To get through this portion of the game, kids must make sure they are saving up in their rainy day fund. I really liked this part because that’s pretty close to how life works. Unexpected bills pop up all the time and you need to be prepared for it!
Decision Dash comes a bit later in the game. This step requires kids to make a choice between two options, and based on their decision they will either save or lose money from their account. It gets pretty easy to identify the right decision over time and I can see this sticking with kids as they make decisions in real life.
This app is great for kids age 5 to 8; older than that and it may be too easy. My main complaint is ironically the price: At $5.99, that’s a considerable investment for an app. However, it may be worth it. Savings Spree offers solid learning, its design is clever and simple simple and the interface is easy to use.
Have you tried this app for your own kids? What did you think? Let us know in the comments section or on our Facebook page. We read every comment!