The bank of Mum and Dad
Kiddy Credits virtual bank account (we like to call it the Bank of Mum and Dad) mimics that of a real one, with real consequences.
Just like in the real world, your kids can manage their money. Transfer between accounts, spend and heaven forbid even save.
Also just like in the real world, they can make real mistakes with real money that they really earned. But because it is in a controlled environment they get all the benefit of the learning experience without ending up in financial ruin.
Little Johnny can learn a valuable lesson from seeing his sister Suzy buy an iPod touch when all his money has been blown on lollies and junk. And it’s got nothing to do with going to the Dentist!