One of the many hats we wear as parents is financial advisor to our children. We want them to understand the value of money so they can successfully navigate the world of finances. But when is the best time to start talking finances with your children? Yesterday.
The earlier you can get your children on board with saving and spending strategies that last a lifetime, the better.
Not sure where to start?
The Milford Bank continually strives to support financial literacy throughout the communities it serves. The Milford Bank launched Centsible Kids, a free mobile app that encourages young children to develop good saving habits, strengthen financial awareness, and grow up to be financially secure adults.
Kids pick up on the latest trends in a heartbeat. Smart financial skills are learned and practiced. That’s why The Milford Bank is providing this fun educational app at no charge to our community.
- Games teach financial knowledge and skills
- Kids track their saving goal and spending habits
- The app creates positive family conversations around money
- Centsible Kids is safe to use and tracks money virtually (the app does not connect to accounts at The Milford Bank)
Centsible Kids is available for Apple devices from the App Store, and Android devices through Google Play.
Here’s What your Kids will Get when opening a ¢entisible Kid$ account:
- Receive a special gift when a Centsible Kids Savings (UTMA) Account is opened
- A child friendly newsletter is mailed throughout the year
- A coupon for a free gift with every newsletter
- Free Centsible Kids App with games, lessons, savings tools, and chore tracking
¢entisible Kid$ FAQs
Is ¢entisible Kid$ safe for kids?
Yes, absolutely! No identifying information is ever asked of the child. The adult in his/her life completes a one-time registration process right from within the app and oversees the entire process.
Are my kids going to be able to see my account balances or move money around?
¢entisible Kid$ does not link directly to the accounts at The Milford Bank or other financial institution. It acts as a virtual piggy bank. No real money changes hands with the app.
Since the app is free, is it filled with ads and sales messages?
Games are safe with positive messages and no soliciting.
Is there a cost to families for using the app?
No. We are investing in future customers by providing ¢entisible Kid$ FREE of charge.
Can non-customers use ¢entisible Kid$?
Yes! It is a great community outreach and inexpensive brand touch point, so please tell everyone you know about it.
The Milford Bank is Member FDIC.
