As parents are struggling to teach their children good money habits, they are constantly facing impediments like in-app purchases in games and other related offers that might push for additional spending. In the latest research commissioned by the Aussie app, Kit mentioned that while 72% of parents are concerned about the influence on online games on their children’s attitude towards money, less than half (48%) discuss the money issue with their kids.
The app is currently available in trial mode to 5,000 Australians and is designed to help families build healthy and stress-free money habits for all members, especially children. Using their own Kit account linked to a prepaid card, children can earn money on PayDay, linked to completed chores and even create customisable savings accounts that can help them reach their goals faster.
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