Neat Idea, But Where Do You Put The Coins?
For many people, saving money for a rainy day was a lesson that began with the beloved piggy bank. But putting money in a jelly jar might seem just a bit old-fashioned for today's computer-savvy kids. So along comes software company Adrian-Thomas Developments Inc. in Orleans, Ont., with Cash for Kids.
It's a $50 computer program that runs on any IBM-compatible PC using the basic DOS operating system or the more sophisticated Microsoft Windows. To help kids plan for a big-ticket purchase such as a new bike, the software tracks income and turns it into colorful bar graphs. Company President Neville Newman says the program helps kids see how impulsive spending can set back their plans for getting the latest Nintendo game system. The software comes with a guidebook that will help parents teach their children how to set financial goals.
EDITED BY PAUL M. ENG