Laying the Tracks For Your Child's Financial Success
Common Cents is the first subscription box focused solely on financial literacy for our youth. Designed to provide parents tools and resources that deliver fun and interactive activities to their kids; establishing financial literacy and savings principles at the optimal learning age.
WHY FINANCIAL LITERACY?
Of Millennials Are Living Paycheck To Paycheck
Is The 2019 Student Loan Debt Total
Of Americans Can't Afford A $400 Emergency Expense
Financial illiteracy now, more than ever, has reached its highest and often leads those without "money sense" to long-term financial difficulties, stress and unhappiness. In fact, according to OppLoans nearly two-thirds of Americans can’t pass a basic financial literacy test. Why is that?
Well we are not born with money sense. Like common sense, we learn about money by example and through experience. In fact by age 3, we can begin to understand basic money concepts and at age 7 many financial habits are already set. Which means if family members or schools are not teaching basic personal finance skills by the second grade there is a high chance that the child will lack the proper financial foundation and have significant implications carried out throughout their lifetime when it comes to financial decisions and habits.
Children are not born with “money sense”.
Children as young as 3 can grasp financial concepts like spending and saving.
Money habits are formed and set by age 7
The National Bureau of Economics found that children who did not receive hands on training typically only mimicked the behavior of the peer who instructed them — they didn’t actually absorb the knowledge
According the American Psychological Association money causes the most anxiety for Gen Z
In a study by EVERFI, only 33 percent of Gen Zers felt prepared to manage their money
WHY COMMON CENTS?
Most primary schools do not offer personal finance education, furthermore, recent studies have proved that the real educator is actually the child's family!
According to Schwab nine in ten children say what they know about finances came from their parents (whether you are actually teaching them or not). Which is why we founded Common Cents - to help families ensure their child’s financial preparedness.
For Family Members: We empower you to teach financial literacy through interactive tools, resources and support all from the comfort of your own home!
For Children: We help to establish a foundation of financial literacy and saving principles, at the optimal learning ages, to prepare them for sound financial decision making habits throughout their lifetime. Common Cents Box uses fun, engaging real world scenarios to encourage healthy financial decision making for children of all ages.
HOW IT WORKS
COMMON CENTS AS EASY AS 1,2,3!
Pick a plan! We offer 1 month, 6 month and year subscriptions. We'll ship you a box a month 'til you say when.
Monthly curated boxes delivered straight to your doorstep and based on your child's deignated learning level
Play and Learn!
Family Members: Guided with resources and tools you will feel empowered and well-equipped to teach your child about financial literacy
Kids: Engage and learn about money through real world scenarios and activities
WHATS INSIDE THE BOX?
**Detail description of box