Getting a Christmas budget together and saving for it in advance can feel daunting, but children might find it a bit easier with a bit of help from RoosterMoney.
It can be hard to convince school-age children that handing out presents is as much fun as tearing off the wrapping paper themselves. Even if you can get kids to purchase gifts for their brothers, sisters and mothers and fathers, they may still require a little help when it comes to saving up for gifts. That’s where RoosterMoney comes in! We’ve got plenty of features and tips which should help your children save up for their Christmas spending.
🍯 Get them saving early with the use of Pots
The best way to conquer Christmas spending is to start saving for it early in the year. Your child can create a ‘Simple’ pot to start setting some money aside for Christmas gifts, or if they have specific gifts in mind, create ‘goal’ pots with their saving target. To add a new Pot, just tap the + Add Pot button on your child’s dashboard or learn more here.
Simple Pots are the most straightforward. They can be used to stash away money for pretty much any reason and don’t have a target associated with it.
Goal Pots are a bit more specialised. With the Goal Pot, kids can add the target amount, and even add an image of the goal for that extra motivation. Maybe a picture of Santa would suit a seasonal Goal Pot?
REMEMBER: Your child can only have 5 Pots on their dashboard at any given time. So if there are any Standard Pots (e.g. Save or Give) that your child isn’t using, you can hide these to make space for their own Pots. Just tap the edit button within the Pot to see the option or go to ‘Customise dashboard’ in their menu. Learn more here.