Budgeting Woes

Many parents fear budgeting, so it's no wonder children, teens, and young adults often don't have a good concept of how to handle money. So where to start if you have a child?

OneBudget can help

With OneBudget, you can track your child's spending, whether he or she lives at home or is away at college. You and your child can set goals, track spending, and create an effective budget. OneBudget can offer a concrete plan, so it's easy to "see" the progress of saving up for a trip or that coveted piece of sports equipment.

OneBudget and your teen

It's also perfect for keeping track of where money goes from part-time and summer jobs. There is nothing worse for teens and young adults than working hard all summer and then come school, finding all their hard-earned money has done a disappearing act. Of course, the money didn't just walk away. It was more likely frittered away while hanging out with friends, eating fast-food. So to stop this from happening, use OneBudget.

OneBudget and the college student

College students may desire to open their own accounts, to which they allow parents access.

OneBudget and the younger child

For a younger child, the parent will have to open the account but should keep in mind to make it a joint endeavor; otherwise, chances for learning experiences could be missed.

After all, that's what it's all about: teaching your child how to budget.