Adam Naor is a former Google employee who created an app, PennyBox, which is a tool to teach personal finance to kids. Read about his story on Medium.
I founded Pennybox with a simple yet audacious goal: educate kids and families about money. Before I started coding, I spoke with hundreds of parents and asked them this question: Do you teach your kids about money and what are the results?
What I learned was surprising: while all parents thought that financial education was important to the well being of their children, few actively taught financial topics at home, or felt empowered or sufficiently skilled to do so.
There’s a movement to get people to move their from big banks. I am a big fan of credit unions and community banks, but I am a bigger fan of diversifying your money. I recommend spreading your money around.
I was listening to NPR yesterday and hear a report about how banks are charging higher fees for basic checking accounts. Free checking is becoming extinct as the big banks need more revenue streams.
Thank goodness you can still find free checking. I myself use ING Direct and Ally, but there are more options if you should check out My Bank Tracker.
MyBankTracker provides a free, easy-to-use website that lets consumers find the best banks, interest rates, peer reviews, The site fills an industry void by providing a transparent, accurate and consistent source of online banking information.>has added “Bank Deals” to its web portal. Banks can sign up for Bank Deals to have their promotions searchable on the site. Bank Deals gives consumers the additional ability to search for deals based on the most popular and latest promotional offerings.
Smarty Pig going to help one lucky contestant “Race Out of Debt” with a cash prize of $4,951 to put toward his or her credit card bills, holiday gifts, a much-needed vacation or whatever they choose! The process is simple, the reward large, and both new and existing customers are eligible. The contest officially began September 14, 2010, at 10 AM CT and will remain open until September 27, 2010, at 10 AM CT.
On Monday, September 27, 2010, SmartyPig will randomly choose eight finalists. Each finalist will be assigned to a pig on the SmartyPig Farm. These pigs will then race to determine which lucky contestant wins the grand prize. On Tuesday, September 28, 2010, we will post the video of the SmartyPig race and officially announce the “Race Out of Debt” winner!
For more details, read the full post on Smarty Pig’s site.
“Most women are one man away from welfare.”– Gloria Steinem. It may not be welfare, but the truth is that divorce can create a financial breakdown for many women. Mary Pilon has a great article in the Wall Street Journal about how to minimize the financial burden when a couple divorces.
Need to be more productive? Use a kitchen timer and read this post by Jen Dziura.
Upgrade your Resume is 10 easy steps. The blog, Dumb Little Man, has some good advice.
Last year, I bought my boyfriend a Mophie case for his iPhone and he loves it. Now I hear that Intuit and Mophie have teamed on a credit card-swiping iPhone accessory called Complete Credit Card Solution that will allow any approved iPhone owner to walk out of an Apple store in as little as 15 minutes with the ability to accept credit card payments.
BTW, I am attending Finovate Fall here in New York City October 4 and 5th.
Lifehacker has lots of content on how to be more productive, how to use technology and gadgets and even to how to cook things. One thing I love about Lifehacker are their posts on personal finance. You can find all of them at http://lifehacker.com/tag/personalfinance/.
Recent topics include setting up a CD Ladder for savings and curbing impulse purchases.
I love it when my friends collaborate. Amber Marlow Blatt of Hey Brooklyn interview Lauren Fairbanks of LifestylerMag talks about personal finance tips for GenY, going to the free events in the city and using Groupon for teeth cleaning.
Bonus: Geeta Dayal has a great tips for freelancers, artists, and creative types.