Tykoon for iOS teaches kids how to manage money

Tykoon for iOS teaches kids how to manage money
Parents, here is an educational iOS app that you might want to introduce your child to. It is called Tykoon and it is made to teach kids some valuable money management skills while they are still young. Basically, it introduces the concept of earning an item they want instead of just asking their parents to buy it for them.

That is done through assigning various chores, one-time jobs, or other responsibilities, for which the child will be rewarded financially when completed. Along the way, kids learn how to handle expenses in both the short and the long term, how to put money aside for the pricier things they want to buy, and how to make a wise purchase based on reviews once they have collected the goal amount. Furthermore, the app encourages making an impact on society by donating money to charity.

Tykoon is available for free on the Apple AppStore, so checking it out won't harm your wallet. The lessons that the app might teach your children, however, could turn out priceless.

source: Tykoon via Mashable

Tykoon for iOS teaches kids how to manage their finances
Tykoon for iOS teaches kids how to manage their finances
Tykoon for iOS teaches kids how to manage their finances

Tykoon for iOS teaches kids how to manage their finances


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12 Comments

1. ilia1986 unregistered

Wow.. an iPhone App which teaches kids to love money - so they can save up enough $$$ to buy the next iPhone. Every time. This is so sad..

2. thedarkside

Posts: 654; Member since: Apr 30, 2012

to manage money. idiot.

3. thedarkside

Posts: 654; Member since: Apr 30, 2012

and i think thisis a good idea. i wish i had better money management skills.

5. jmoita2

Posts: 930; Member since: Dec 23, 2011

Me too... I fixed that by acquiring the latest model wife...lol!!!

7. thedarkside

Posts: 654; Member since: Apr 30, 2012

THE ONE EXCLUSIVE TO RUSSIA?!?!?!?

9. jmoita2

Posts: 930; Member since: Dec 23, 2011

Mexico, actually... A Jessica Alba clone!!! lol

10. thedarkside

Posts: 654; Member since: Apr 30, 2012

ahhh maaaaaannn. im waiting on my emma watson clone to come in.... from russia. dag nabbit.

4. ivanko34

Posts: 617; Member since: Sep 04, 2011

How a kid can afford an iphone?

6. ilia1986 unregistered

You'd be surprised..

8. thedarkside

Posts: 654; Member since: Apr 30, 2012

really surprised.

11. whothisperson

Posts: 102; Member since: May 06, 2012

Some adults need and could use this app too...

12. InspectorGadget80 unregistered

All these kids do is spend money on electronic junk and not for school or anything else important

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