Mom Life, Motherhood

Mazoola – A Smart and Parent/Guardian Monitered Virtual Debit Card for Kids.

“I received this product
for free from Moms Meet (momsmeet.com) to use and post
my honest opinions. This post may contain affiliate links.”

 

A debit card for kids? Yep, you heard that right! Mazoola provides a smart and parent monitored debit card made specifically for kids. I have always felt that it’s never too early to provide J with the tools to educate himself about being financially savvy. Carrying cash around isn’t as convenient as it once was and having this virtual debit card really helps kids learn how to be responsible with their money.

Image of Mazoola App

 

What exactly is Mazoola?

Mazoola is a virtual debit card for kids, managed by parents, and, most importantly, is the only independently certified Children’s Online Privacy Protection Act or COPPA mobile wallet*. A parent or guardian creates a family account and adds a virtual and secure debit card for each of their children. Then they fund the accounts and set preferences such as flexible and individual spending controls, recurring allowances, educational content, and pick suitable charities or donations. The app literally has it all.

**Children’s Online Privacy Protection Act is a U.S. federal law designed to prohibit the collection and use of personal information about children by the operators of Internet services and websites. Passed by the U.S. Congress in 1998, the law took effect in April 2000. It is administered and enforced by the Federal Trade Commission (FTC).

 

A parent/guardian always has the ability to monitor and manage how and where money is being spent, which is a huge plus for me. You can even assign and track chores and what rewards they will earn by completing them. Kids always love rewards! The auto allowance feature helps establish and teach financial responsibility and security.

 

 

Try Mazoola For Free!

Mazoola is currently offering families a one-year membership at no cost with the ability to cancel anytime. This is the perfect opportunity to see if this kind of virtual family wallet/debit card works for your family! Financial literacy is so important to teach your kids and this is a great way to start!

Mazoola is available to download through the Apple App Store or Google Play. Mazoola is FREE for one year, plus receive $10 when you sign up* through this link: Mazoola App.

*Eligible set-up includes the following actions: 1) Create a profile 2) Fund an account*

 

Let me know if you try it out!

 

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