Tag: Finances »
Goldstar Savings Bank is a new educational app that teaches kids two important lessons: the value of money and also to remember to complete their chores.
The app, aimed at 4 to 11 year olds, is a form of the 'gold star' system favored by many parents. When the child completes a chore around the house or does their homework, they earn a gold star which can then be put towards an eventual goal of a fun treat.
Going one step further, Goldstar Savings Bank encourages kids that there are numerous types of financial strategies that they can follow in order to achieve their goal. They can redeem their stars early on with their parents, thus earning a small treat, or they can save up, unlocking new saver levels and eventually being rewarded with a bigger treat.
Numerous encouragement messages are included, along with a journal feature for 'Show and Tell' scenarios with their grandparents, as well as giving them a place to showcase their creativity. The parent can gear the app towards a certain group of tasks such as school or at home, thus enabling the child to see where they need to focus their attention.
Goldstar Savings Bank promises to be fun but it also promises to encourage kids to form good habits, as well as learn to save wisely.
The app is out now for the iPad and priced at $2.99.
Now I'll admit that I don't do much driving nowadays because I use mass transit (i.e. the subway), but I did drive a lot once upon a time. And it was quite the pain to deal with all of the extraneous annoyances like traffic, insurance, and gas. Guess which of those problems Gas Logs addresses?
The latest app from JAS Appications allows users to track their mileage, their spending, etc... All manner of values can be adjusted to fit a user's region, including gallons/liters, and a number of different currencies. Of course, it just wouldn't be a JAS Applications app if it didn't also include a super-useful GPS feature. Which it does. Yup, as expected Gas Logs can do all this in addition to finding nearby gas stations by using the iOS device's built-in GPS.
Again, someone like myself who doesn't even own a car won't have much use for it but there are billions of people out there who drive, and at least millions who own an iPhone. Chances are good that there's a decent market for something like this.
An increasing amount of people are saddled with debt with hardly a clue as to how to escape the vicious circle of accumulating more debt because they can't afford to keep up ther repayments. It's immensely frustrating and hugely disheartening for any person who's just trying to take control of their finances but aren't quite sure how to achieve that.
Fortunately there are ways to be educated in how to secure financial freedom. One such way is through the app: Life or Debt. It's an app that's mostly a series of video clips from Stacy W. Johnson, creator of the personal financial news series Money Talks. These clips educate users in under 2 hours just how to sort their financial life out through setting goals, developing spending plans, staying organized and cleaning up their credit history.
Users will be educated in how to keep track of how much they really earn and how much they owe, then work out a specific route for their needs. Much like a diet, Life or Debt won't be a quick solution but it will ensure that users of the app truly understand how to never be in debt again.
Priced at $4.99 for a limited time only, it seems like a small price to pay for solving money woes.