Mel Knibb lives in the English countryside with her children Crevette (12), Beanie (10), Jumpy (8), and Wriggly (6). They’ve been using RoosterMoney for years, and found it’s a great way to deal with money and financial literacy.
Why did you start using RoosterMoney? 📲
We had been using a reward chart, and my sticker-stars system was all over the place. With RoosterMoney, I loved being able to record my children’s stars on an app.
How do you use RoosterMoney in your family? 👨👩👧👦
A star is worth 50p in our house. The children automatically get a star every Monday, and can get additional stars for undertaking tasks voluntarily, like tidying up, vacuuming, emptying the dishwasher and so on.
“We had been using a reward chart, and my sticker-stars system was all over the place. With RoosterMoney, I loved being able to record my children’s stars on an app.”
What are your favourite things about RoosterMoney? 🎉
It’s a fool-proof system; my children and I love it. We always know how many stars each one of them has and they can get access to the equivalent cash whenever they want, through me.
How has RoosterMoney changed your kids' understanding of money? Do you feel they're better savers or smarter spenders? 👩🎓
Absolutely! My children know that they should keep one third of their stars for their savings account, one third for useful things and one third for frivolous things, so that’s how they always ‘spend’ their stars.
“My children know that they should keep one third of their stars for their savings account, one third for useful things and one third for frivolous things, so that’s how they always ‘spend’ their stars.”
Give us your top pocket money tip to share. ✍️
From 12 onwards, encourage your children to give 10% of their disposable money to charity.
“From 12 onwards, encourage your children to give 10% of their disposable money to charity.”
If you’ve been using our app for a while and would like to share your story, either over the phone, email or video – please get in touch at hello@roostermoney.com