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A New Way For Kids To Learn About Money Through Chores

July 26, 2017 by Anna

This post may contain affiliate links. Read my disclosure policy here.

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I always love it when I find an app that truly works as I imagine it should and makes something in my daily life a little easier. I’m Anna, a long-time contributor here at 5 Minutes for Mom, and I’m excited to introduce you to a new free app called Homey that will help you teach your kids about money through chores. This post is sponsored, (many thanks to Homey) and extra thanks to you for reading and sharing!

Way For Kids To Learn About Money Through Chores

Having a Type A personality means I adore spending time planning things, making lists and charts, and creating printables for my family to use and to help them remember their responsibilities around the house. Sometimes these charts and lists work great, sometimes they don’t. And the worst thing is when someone forgets to mark their chore or responsibility off and the routine gets out of whack.

Printables can be great, but at the same time, with technology in our pockets, having an app that is with us all the time makes taking care of so many things so much easier!

Homey asked me if I’d like to try out their chore app. I was excited to try it out because it’s so much more than a chore chart with check boxes. Homey helps you teach your kids responsibility and the value of work and financial skills and also rewards them for setting and achieving goals.

One of the biggest struggles I have as a parent is getting my kids to actually do their chores. I don’t like to nag them, but I do expect chores to be done by a certain time each day. I don’t like everyone running around right before bed trying to get their chores done, that makes for a stressful evening. With Homey, you get notifications when your chores are due and this eliminates me having to remind them 12,847 times during the day.

There are several “packs” of chores that are categorized and make it easy to get set up and going. Download a pack, select which chores you want for each household member…

Then you can “fine tune” each chore to recur, be due at a specific time and day, and even rotate among members of your household.

You can set chores to require a photo as proof they’ve completed the chore. I like this for some chores to make sure my kids have completed a chore to my standards and to prevent them from taking the easy way out.1

Chores are worth coins or points. Coins are for chores that are paid, points are for chores that are not paid. I especially love this feature because I expect my kids to do certain things around the house that are simply their responsibility, a help around the house because we are family and work together to maintain the home.

A new feature that Homey has just recently released is the ability to transfer allowance to their kid’s accounts. You can link your child’s bank accounts allowing you to deposit rewards directly. How convenient?! Homey is so much more than just a chores app.

Along with this is the goals feature. I love this because it enables you to teach your kids about financial responsibility and rewards. Kids (and parents) can see how much more is needed to reach a certain goal and get a certain reward. The parent gets to choose what the rewards are, suggestions being an allowance, a certain toy, screen time, or anything the parent can think of. Setting different rewards helps to teach children delayed gratification, they might want to redeem their rewards for a $1 toy, but the feeling of accomplishment by waiting for the higher value reward is the best and leads to better financial responsibility.

Enter to Win!

How would you like to win a one-year membership to Homey with access to all the premium features?! Use the giveaway form below to enter.

Entry-Form

 

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A New Way For Kids To Learn About Money Through Chores

 

Disclosure: This post is sponsored, so extra thanks for reading and sharing.
Written by Anna Hettick, contributor at 5 Minutes for Mom who also blogs at FoodandDIY.com.

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About Anna

I'm the owner of FoodandDIY.com. I love to cook, create DIY projects, and shoot photos of both! I'd love for you to click over to my site!

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26 Comments

  1. Grosir Jaket Grayscale says

    July 8, 2019 at 6:06 am

    If you play sports or workout, you moght want to consider using a digital sports watch.
    Compare prices amongg few different online stores for differences in selection and comparable styles.
    Unfortunately, most high end one button suits can ruun at the cost of a number off thousand dollars.

    Reply
  2. Meghan says

    August 30, 2017 at 4:46 pm

    Love that it’s all inclusive

    Reply
  3. Jamie Pinkney says

    August 27, 2017 at 1:47 pm

    We have 4 youngsters in our home and when I round them up to do chores I feel like it’s another job for me ! I end up forgetting half the stuff that needs to be done and do it myself. I think the most useful thing I love about this app would be timed reminders and each job given to a different family member. Thanks for the opportunity Jamie

    Reply
  4. Amanda Stovall says

    August 26, 2017 at 3:01 am

    I like that you can set different type rewards & incentives for different chores… Sometimes rewarding with something like screen time is much more fitting for certain chores, than let’s say, giving them $. Because sometimes the chores they’re doing are simply their responsibilities & they don’t need to think they should get paid $ every single time they lift a finger around the house! 🙂

    Reply
  5. LeAnn Harbert says

    August 19, 2017 at 7:23 pm

    You can put their allowance right into their account..

    Reply
  6. Mustafa says

    August 18, 2017 at 5:00 pm

    I like this

    Reply
  7. Janine Hwang says

    August 15, 2017 at 11:27 pm

    I like this as a way to teach responsibility to my kids

    Reply
  8. Christy Barber says

    August 15, 2017 at 3:11 pm

    What a great idea!

    Reply
  9. heather c says

    August 15, 2017 at 12:43 pm

    Favorite features is allowing for photo proof! Nice!

    Reply
  10. DanV says

    August 15, 2017 at 11:54 am

    We’ve been looking for a way to track chores so this would be great

    Reply
  11. Kevin Puls says

    August 15, 2017 at 11:12 am

    I have yet to use Homey, but it looks very useful for my everyday hectic schedule.

    Reply
  12. Kenya Johnson says

    August 14, 2017 at 3:16 pm

    I love the auto transferring from the parents account to the child’s accounts.

    Reply
  13. Angela Thorpe says

    August 14, 2017 at 9:57 am

    It deposits rewards directly.

    Reply
  14. Lisa A says

    August 13, 2017 at 7:49 pm

    The ability to transfer allowances into their accounts is awesome!

    Reply
  15. Katrina Brockavich says

    August 12, 2017 at 10:44 am

    My favorite feature is that they can take pictures of the chore and show how well they did it! That would help when I’m at work and their dad is watching them but I assigned the chores. I can actually be the one seeing if it’s done the way I wanted!

    Reply
    • Katrina Brockavich says

      August 12, 2017 at 10:46 am

      Thanks for this review, as I’m downloading this app to get started on the free edition now!

      Reply
  16. Natalie says

    August 12, 2017 at 10:36 am

    Love the sweetness of it

    Reply
  17. Nay says

    August 12, 2017 at 10:35 am

    I love the included feature of optional paid and non-paid rewards for completed tasks. Children must learn that not every task/chore should be rewarded with money.

    Reply
  18. Gina Weeks says

    August 11, 2017 at 7:52 pm

    Awesome app!!!

    — Gina W.

    Reply
  19. Wendy R. says

    August 9, 2017 at 2:30 am

    I’m not entering because I don’t have young kids at home any longer, but this is a really cool app!

    Reply
  20. Jacqi says

    August 8, 2017 at 10:08 pm

    Love the features of this app. Definitely want to try it out. Love having ways of teaching responsibility.

    Reply
  21. colleenmarie says

    July 31, 2017 at 10:23 am

    I think my type A oldest would love this app, she loves to see what she needs to do and to track the progress of that.

    Reply
  22. Melanie Odette says

    July 28, 2017 at 1:26 am

    Oh, I would love to win this!! We need this so badly in our lives. Thanks for the chance to win!

    Reply
  23. Leela says

    July 27, 2017 at 3:08 pm

    It deposits rewards directly.

    Reply
  24. Jess Speck says

    July 27, 2017 at 1:45 pm

    I am sooooo doing this!! And I will use your affiliate link! Thank you! I was JUST fantasizing up a plan to do something exactly like this yesterday, honest to gosh. I give my kids a pretty darn great allowance and they do almost nothing for it. Now they can earn more and be more self-reliant, less lazy, and learn about housework and responsibility!! This is fabulous! Goodbye doormat mom!! Hello responsible kids!

    Reply

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