Usually the combination of a teen, a car, and money is enough to scare the daylights out of any parent. Here’s how to turn that terrible trifecta into a big win: send your teen on shopping errands for the family. It gets your teen off the couch. It saves you time. It provides plenty of opportunities for teachable money moments — like how to comparison shop.
Win. Win. Win.
Here’s an extra bonus for families with FamZoo prepaid cards: we just made the whole “Mom/Dad, can you pay me back for the stuff I just bought?” routine super-simple by building in some new app(lication) features dedicated to streamlining reimbursements between family members.
For example, just this week, my wife sent our son, Will, on a grocery errand to pick up some grillables for the family dinner.
Here’s the expense as it appeared on Will’s Transactions page in the FamZoo app:
Naturally, Will wants to be repaid — and pronto. So, he taps on the arrow just beneath the amount to get to this Request Reimbursement form: