Welcome to Allowance Academy…
If you’ve ever asked yourself:
- Why don’t my kids understand money?
- Will my kids ever be able to afford to move out on their own?
- How can I teach my kids to save?
- What do I do when my kids spend everything they earn?
- How did I get myself in this financial mess?
- Who is teaching my kids about money?
- How do I keep my kids from making the same financial mistakes I made?
Or if you’ve just decided you need help figuring out the best way to get your kids interested in spending, saving and earning money – you’ve come to the right place.
Allowance Academy will help you figure out the steps and systems required to make your kids financially savvy.
They will be able to move out of your basement someday!
Here’s the deal – we know that every kid, every family, every situation is different. Within our program you will find tips for helping young children learn money basics, ideas for ways to get older kids on a budget and ways to help teens figure out how to save and invest on their way to building a financial future.
Subscribe to Allowance Academy and you’ll receive practical tips on teaching your kids about money that really work. A few times a week you’ll receive quick email notes from us on a variety of topics designed to get you thinking about money.
Remember when we said that every kid, every family is different? Well, we’ve made sure our content is delivered in a variety of ways to make it easy for you to digest in whatever form you prefer.
Email Tips & Tricks – A few times a week you’ll receive an email from us with a quick tip, trick or story about teaching kids about money. These aren’t in-depth, long articles that require a long upload and lots of clicking around. They are designed to give you helpful information in short little bursts. Sometimes we have a particularly wonderful idea to share that takes a little more time, but no heavy lifting on your part, promise!
The Blog – This is where we go into depth on our topics. We might include instructive video, charts, graphs or just more info that with our emails. But no worries, we make sure that everything we do is just as long as it needs to be and not a word longer. We know how important your time is to you!
The Videos – Are you a visual person? Then you’ll want to subscribe to our YouTube channel. Here you will receive some of the same information as our blog, but in video form.
The Online Courses – Ready to get going with actively teaching your kids about money? You’re going to want to join one of our webinar courses. We have a variety to choose from, from quick 30 minute, intro classes to in-depth 6 month membership training classes.
The Book – Investing in Your 401k Kid: From Zero to Little Financial Genius is our most popular do-it-yourself method for teaching kids about money. From toddlers to teens, the entire process of teaching kids how to start understanding money basics to managing their own budgets is covered in this short, practical guide. The best way to make sure you don’t miss out on anything, is to make sure you join us. It’s free!
About The Shroyers
Then, like so many others, Bret lost his job when the small start-up he was working for went belly up. Luckily, we were protected from serious financial ruin. It made us realize, however, what a sad state our country was in.
As people around us began losing their homes, we wondered where so many had gone wrong. It was then that we realized how many adults in the world lacked basic money management skills. Determined our kids wouldn’t suffer the same fate, we decided to make them financially literate and fiscally responsible. We decided to make them Allowance Academy Kids.
At ages 7 & 8 we put our kids on a full budget and they became responsible for their own money management. Now teenagers, our kids have not only learned how to manage a budget that includes basic necessities, but have also saved money to pay for significant extras in their lives, like laptops and plane tickets.
As other people saw what we were doing with our kids, they asked us how to do it for their own families. The one-on-one approach wasn’t terribly practical, so we decided to put together a guidebook: Investing in Your 401k Kid, Going From Zero to Little Financial Genius in Five Easy Steps.
This website is an extension of the book. We hope you find it useful as you work to train your own Financial Genius and increase his financial literacy!