Tuesday, August 30, 2011

Money Doesn't Grow On Trees At DoughMain

Raising a family is hard work. Between band recitals, karate class and soccer practice you also have to deal with the kids always asking for money for games and junk food. If only there was a way to teach those kids of yours about the value of a dollar.

Enter, DoughMain, a startup that combines family coordination and financial education into a simple, realtime, and gamified platform. It wants to give families across the country a simple solution that allows them to coordinate household activities and, in doing so, expose their children to important financial management skills.
It offers services like an integrated family calendar, a chore tracker, and an allowance (or rewards) tool. Family members can view each of their own responsibilities, as well as that of the entire family, and see what chores still need to be accomplished.

The platform also offers teacher-developed content through safe gaming platforms like TheFunVault.com, a Flash game that teaches basic money management lessons for kids ages 5 to 9, or through SandDollarCity.com, a multiplayer virtual world where kids ages 8 to 12 manage a family candy stop, or, finally, IRuleMoney.com, a site that features financial content and contests for teenagers. These sites are similar to the multiplayer 3d virtual world in the Virtual Team Challenge that students and classrooms across the nation are competing in while learning about basic business concepts.

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