Gimi (www.gimitheapp.com), is a brand new pocket money app and chores manager. It has just launched in the US to teach kids as young as six how to earn, save and manage their money.
Launched by Philip Haglund, a professional footballer in Sweden, Gimi has rapidly grown to become the Nordic's most popular pocket money management app for kids with more than 800,000 users. It’s now turning its attention to the US.
The app, which is completely free and does not require a bank account to use, is available on iOS (link to download, here) and Android (link to download, here).
Parents can:
- Set-up a weekly or monthly allowance for their child
- Set chores for their children to earn additional money (children can also suggest chores to them too!)
- And, create savings… all whilst teaching kids about interest rates (and, if necessary, overdrafts)
In turn, kids are able to:
- Track the money they’ve earned through good behavior, jobs completed around the house, goals you set around their school work, anything a parent likes
- Set-up dream buys (such as a skateboard) and monitor how long it takes to get there.
Gimi differs from other pocket money apps through
- Inclusion:
- There’s no need for a bank account or card. Simply login and go!
- Other adults can send money to - for example, if Grandma wants to give a $5 savings boost, she can!
- Gimi is developed in partnership with the world’s leading educational institutions such as Stockholm’s School of Economics to ensure children actually learn about money management.
But, why?
Cash is disappearing from everyday life and research shows that learning how to manage money can’t be done in the classroom, it has to be done through practice. Now, using digital money on Gimi, they can!
No comments:
Post a Comment