The Challenge of Teaching Financial Literacy

Parents often find financial literacy to be the most difficult life skill to teach their children. The introduction of tools like Greenlight, a debit card and money app specifically designed for families, aims to bridge this gap. Through features like automated allowance and chore management, children gain practical experience in handling money, making earning, saving, and spending decisions. This structured approach not only fosters financial understanding but allows parents to monitor their children's spending habits effectively.