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ThreeJars
ThreeJars, Inc. is a U.S. - based company specializing in teaching financial literacy to children aged 5 to 13 through an online allowance service. They believe it's best to teach children about money early in life, through allowance, and hands on experience. ==Operation== ThreeJars works like an online bank for children, but instead of cash, parents pay allowances in IOUs, representing real money. Parents decide how the allowance will be allocated to their child's SAVE, SPEND and SHARE Jars. Parents can track chores and paying projects. Earned IOUs are credited to a child's jars, but the actual cash stays with the parent. A parent's approval is required for all financial transactions. Children learn to budget, set financial goals, delay gratification, earn interest, and make charitable donations. Children track their financial choices. ThreeJars employs the financial expertise of Jean Chatzky. ThreeJars is located in Westport, Connecticut and services the United States and Canada.
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