By Jo-Lynne on November 12, 2009.

This giveaway is closed. The winning number was #1 – congratulations AnnMarie!


My kids all have piggy banks, and the older ones get an allowance, but it’s such a pain to always have the right change on hand.  And then we want to teach them to save and tithe as well as spend, but I admit that we often forget and end up slipping them a dollar from our own wallets to put in the offering plate at church, and the saving part?  Well, yeah.  Notsomuch.

Here’s an ingenious way to keep track of your kids’ allowance and teach them how to divide it into portions to save and give and spend.

ThreeJars is a website that teaches saving, spending and sharing AND makes it super easy for parents to track and manage their kid’s allowance.

The service is extremely easy to use. Parents set the allowance limit for each child, and come payday, the site adds the new money to their total. It automatically keeps track of how much is owed and what has been paid.  It helps parents teach the value of money, and it encourages kids to save for the long term and also to give a portion of their earnings.

Anyone can sign up for a 15-day free trial to check it out, and if you like it, it costs $30 per family to subscribe for a year.

We’ve only been using it for a week, but so far I’m pleased.  Here’s a quick map of how it works.  I found the website easy to navigate, and I like how the kids can see exactly how much they are earning and saving and spending and giving.  You choose how much you give each child each week, and you allocate how it is spent.

WIN IT! One comment will be chosen to win a free year subscription to  Any thoughtful, relevant comment will count.  I will select a winner at random on Nov 28.