Want to help your children or grandchildren understand how money works? A new mobile application helps children learn in front of a small screen -- which is a very comfortable place for children these days.
In the past, you might have used a fake check register to teach kids about spending and maintaining a bank account. Nowadays checks are less frequently used, and online banking is commonplace. Moreover, kids seem to learn, play, and communicate online more than any previous generation.
BankerJr. takes all of that into account and provides a way for children to practice banking on a mobile device. Games teach them timeless lessons about saving for goals, and presumably this will make it easier for them to transition to live bank accounts with real money someday.
I couldn't find BankerJr. on the iTunes App Store, but it will probably be available soon from banks that partner with the application's deveoper. If you don't end up using BankerJr., it may be a good idea to teach children about money using similar tools that will be relevant to them when they have their own accounts [via AmericanBanker.com]