10 Apps that Help Teach Children Financial Skills

kids-tabletsExcerpts from Jessica Sommerfield, moneyning.com

Research shows children learn most of their money habits from their parents and schools don’t seem to be providing financial literacy programs to the extent that children feel comfortable managing their finances once grown. The best way to instill good habits is to begin explaining simple money concepts to children early on. The wonder of digital devices is that you can make it fun for them by making it like a game and utilizing these easy apps.

Ages 5+

1. Kids Money
Kids Money (free on iPhone, iPad and iPod Touch) is basically a savings budget app for kids. Children set savings goals, such as getting a new bike, and enter how much they plan to contribute toward it. The app then shows them the time frame it will take to save for that goal – teaching them the concept of delayed gratification.

2. Green$treets: Unleash the Loot
In this app (free for iOS), designed for children ages 5 to 8, kids rescue endangered animals while learning finances through a budget-based care plan. Reviews show that the game’s premise leads children to engage on a more emotional level and play it longer than other finance-related apps.

Ages 6+

3. PiggyBot
The classic piggy bank has been teaching children the value of savings for decades. This simple app converts it to an electronic version. Kids can visualize their savings in a virtual piggy bank and track their allowance. Designed for ages 6 to 8, it’s free for iOS devices.

4. Renegade Buggies
This fun, fast-paced shopping game designed for ages 6 to 11 is a race to see who can save the most money within the time limit. Children earn ‘buggie bucks’ to apply toward savings and investment decisions. This one’s so fun, you might find yourself getting sucked into it right along with your child. This app is free for both iOS and Android devices.

5. Celebrity Calamity
Using kids’ interest in their favorite celebrities, this free game compatible with iOS devices puts kids in charge of managing their finances to avoid overspending. Players must keep their celebrity on a budget, but also keep them happy. By extension, kids learn the importance (and challenge) of living within their means, as well as the consequences of overspending.

Ages 7 to 8+

6. Savings Spree
This deluxe Parents’ Choice Award-winning app uses engaging visuals to promote healthy financial habits, teaches the cause/effect relationship of financial decisions, and helps children grasp the emotional and psychological implications of money and assigned value. You can purchase it for $5.99 on iOS devices.

7. Motion Math: Cupcake
It’s never too early to teach kids complex money management skills, as long as it’s fun. In this app ($4.99 for iOS), kids are responsible for running a cupcake business, managing all costs and revenue while keeping their customers fed and satisfied.

Ages 13+

8. FamZoo
Older children are capable of taking greater responsibility for their personal spending. This app provides a monitored atmosphere that allows children to get hands-on money management experience. Using pre-paid debit cards, parents set up a bank account for their kids that records their savings, spending and giving choices. Although children younger than 13 can certainly participate, the makers recommend parents retain main responsibility.

9. Flocabulary
This music-video app designed for children in 6th to 12th grad hosts educational videos based on rap lyrics, 12 of which deal with personal finance topics like credit, investing, career and banking. A bit costlier than other apps, Flocabulary charges $15/month or $120 a year.

All Ages

10. Visa Practical Money Skills Apps
These free apps (currently, 6 are offered) created by Visa have something to teach every age range basic money management skills. Give them a shot. Did I mention that they were free?

– See more at: https://www.cnbohio.com/AboutUs/CNBNews/CNBConnection/

Recipe – Easy, Elegant Peach Cobbler

peach-cobblerYields 4-8 servings.

1 stick butter or margarine
1 cup white sugar
4 cups peaches, washed, pitted, peeled and sliced
1 cup self-rising flour
1 cup whole milk

Preheat oven to 375 degrees. Put the butter in a 9×6 baking dish and place in oven until melted. In a separate bowl, stir together flour and sugar. Add the milk all at once and stir to blend. Spread the melted butter evenly in the bottom of the baking dish. Pour half of the batter into the baking dish. Arrange prepared peaches on top of the batter. Add the remaining batter, spreading evenly over the peaches. Bake for 45 minutes or until lightly browned.

Note from the cook: This cobbler freezes well. Bake it in aluminum pie tins (the type with plastic lids), cover and wrap in aluminum foil. When ready to serve, remove the lid, thaw slightly and heat in the oven.

Recipe was submitted by Shelley K. from our “Cooking It Up with CNB” recipe contest.

– See more at: https://www.cnbohio.com/AboutUs/CNBNews/CNBConnection/

Enter to Win a Char-Broil Gas2Coal Combo Grill and Grilling Package!

char-broil-gas2coal-grillEnter to win by August 30 by visiting the Home Loans section of our website and clicking the Enter to Win ad on the top right. The Home Loans section provides everything you need to know about applying for a mortgage, CNB’s mortgage options, links to our mortgage calculators and even our current rates. Couldn’t you use a new grill to go with a new home?

To enter, simply complete the online entry form. Indicate any products you might be interested in learning more about and submit. The grand prize package which includes the grill, a $50 Omaha Steak gift card, a 3 piece grilling tool set, serving tray, cookbook, towel, seasoning and 2 can coolies, will be drawn on September 1. Good luck!

– See more at: https://www.cnbohio.com/AboutUs/CNBNews/CNBConnection/

Riding In Cars With Teens

teen-driverFrom Jean Chatzky, TODAY show contributor

So your kid’s all grown up — or at least “grown up” enough so that you’re considering adding another car to the family fleet. Choosing the right vehicle can help keep them safer and save auto insurance money over time. A few tips? Avoid high-horsepower cars in favor of larger, heavier vehicles with good crash safety records, and make sure the car has electronic stability control (ESC) to reduce the risk of rollover.

When it comes to car insurance, covering teens can be expensive. But there are a few things you can do to help reduce the costs, starting with explaining the risk infractions and accidents can have on both your teen’s health and the price of coverage. Shop around, and remember it’ll probably save you money to insure your teen on your own policy rather than buying a separate one. A B grade point average will usually earn you a discount (you may have to send in the report card) as will enrolling your teen in a recognized driver’s training course.

– See more at: www.cnbohio.com/AboutUs/CNBNews/family-financial-news

Opening Doors to Financial Flexibility

Keeping up with changing times is important to Olson Cold Storage, which operates a 125,000 square foot dry, cooler and freezer storage facility in Defiance. CNB’s Positive Pay product has given owner Scott Olson peace of mind that everything possible is being done to protect his business from check fraud. Additionally, Scott says having a great banking relationship with lender Brad Spitnale also assisted him in securing a low interest Small Business Administration loan to help grow his business. View his video story.


Courtney Geus Promoted to Assistant Vice President Retail Lending at Citizens National Bank


Courtney Geus AVP/Retail Lending

Citizens National Bank (CNB) is pleased to announce the promotion of Courtney Geus to AVP Retail Lending. In this position, she is responsible for the pricing, selling, delivery and servicing of all salable loans. She oversees underwriting for 1-4 family mortgages, home equity lines of credit, secondary market lending, Visa credit card and consumer lending.

Geus received a degree in Mathematics from Bluffton University and a Master of Education degree from Ohio Valley University. She began working at CNB in 2011 as a teller in Bluffton, moving into underwriting at the Lima office in 2012. She is a committee member for the Citizens National Bank Service Club. She and her husband and son reside in Bluffton, Ohio.

With offices in Bluffton, Celina, Defiance, Elida, Findlay, Lima, Springfield, Van Wert and Toledo, Citizens National Bank has assets totaling more than $744 million and has been serving the communities of West Central Ohio since 1920.


Nick Ardner Promoted to Assistant Vice President Project Manager at Citizens National Bank


Nick Ardner AVP/Project Manage

Citizens National Bank (CNB) is pleased to announce the promotion of Nick Ardner to AVP Project Manager. In this position, he is responsible for overseeing product upgrades and the implementation of CNB’s newest banking products and services.

Ardner holds a Bachelor’s degree in Accounting from the University of Northwestern Ohio. He began working at CNB in 2012 as a Mortgage Underwriter and assumed a position in project management in 2014. He is a member of Citizens National Bank’s Service Club and volunteers at various events in the community. He and his wife reside in Delphos, Ohio.

With offices in Bluffton, Celina, Defiance, Elida, Findlay, Lima, Springfield, Van Wert and Toledo, Citizens National Bank has assets totaling more than $744 million and has been serving the communities of West Central Ohio since 1920.


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