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 Rooster Money.
It can be hard to convince school-age children that using their hard-earned pocket money to buy presents is as much fun as tearing off the wrapping paper themselves. Even if you can get kids to purchase gifts for their family or friends they may still require a little help when it comes to saving up for them. That’s where Rooster Money 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. Ask your child to write down a list of who they have to get presents for this year, and how much they want to spend on each person. This will give them a better understanding of just how much they need to save before they begin.
Your child can create a pot to start setting some money aside for Christmas gifts, or if they have specific gifts in mind, they might create pots for each one. To add a new pot in the app, just tap the + Add Pot button on your child’s dashboard or learn more here.
REMEMBER: Your child can only have 5 Pots on their dashboard at any given time. To hide pots from the dashboard, just tap the edit button within the Pot to see the option, or go to ‘Customise dashboard’ in their menu. Learn more here.
By creating and using their pots with Rooster Money, children can develop a better understanding of setting aside and saving money – not just for Christmas, but for other bigger things they might want to buy for themselves in the future.