Family & Friends

Saving money is an important aspect of financial management and parents play a significant role in teaching their kids about saving money. However, they are not the only ones who can contribute. Extended family members and friends, such as grandparents, aunts, uncles, and cousins, can also play a role in contributing to kids' savings. Here’s how you can make a greater impact in a kid’s life...

grandparents with family 1

Collaborative Savings

NuMoola gives parents the opportunity to invite family and friends as Extended Family Members to their NuMoola Crew! By doing this, they can also make monetary contributions to the kids’ financial futures.

Track Giving

Family and friends can instantly send money to a kid’s NuMoola bank account! Through this, they will easily be able to track their contributions to the kid throughout their childhood.

grandparents with family 3

Foster Strong Bonds

Contributing to a kid's savings is an excellent way for family and friends to show their love and support. It can also foster strong bonds by creating a sense of community and shared responsibility. When children receive money from others who aren’t their parents, they feel connected to their family and friends and appreciate their generosity.

Are you NuMoola'ing with your family?

Parents and guardians can have peace of mind that their kids and students are watching their money grow in a safe, secure app. Go to the Apple App Store and download NuMoola today!