Bank of Dad
Guides for parents

Teaching Kids About Money

Practical guides on allowance, chores, saving and compound interest — written for parents who want their kids to understand money before it matters.

Greenlight Alternatives: What Leaving Costs

Every "alternatives" list is a flat list of other cards. None of them decomposes the bundle — and two of Greenlight’s four tiers are mostly family-safety products that no kids’ banking app replaces at any price.

Money Skills by Age: What Kids Can Learn, 5 to 18

Every other age-by-age guide invents its own age bands and cites nothing. This one uses the two frameworks that actually exist, and attaches a real dollar figure to every year.

Best Debit Cards for Kids: Every Fee Totalled

A subscription started at eight and cancelled at eighteen is a 120-month commitment. Greenlight’s top tier totals $2,397.60 over that stretch — a number that appears on no comparison page we could retrieve.

Greenlight vs GoHenry: GoHenry Is Now Acorns Early

Half the pages ranking for this comparison are pricing a product that was retired in the US in November 2024 — and none of them mentions that the savings reward is capped at a $5,000 family balance.

Weekly vs Monthly vs Yearly Compounding: Does It Actually Matter?

It depends entirely on which thing you are holding constant — and the version that matters for a family bank is the one nobody publishes.

How Much Allowance Should You Give? A By-Age Chart

The "$1 per year of age" rule is a mnemonic, not an answer. Here is the reported average for every age from 5 to 18 set against it, and a way to pick a number that fits your family budget.

How to Run a "Bank of Mom and Dad" at Home

You do not need a debit card or a monthly fee to teach saving. You need a balance your child can watch grow, and a rule you never break.

How to Explain Compound Interest to a Kid

Do not explain compound interest. Demonstrate it, on a timescale short enough that your child can watch it happen.

Should You Pay Kids for Chores? The Case for a Hybrid

Both camps are half right. The fix is deciding which chores are duties and which are jobs — and never letting the two lists blur.

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