Finacy makes your job as a parent easier by educating your child with the most fundamental and current of financial principles!
Debit and credit, stocks and bonds, inflation and interest rates, crypto and NFTs. The world of finance is only getting more complicated to navigate, even for the savviest of folks and our youngest generations are falling further and further behind. Finacy was born out of the frustration that kids today need better tools to equip them for a successful financial future.
How it works
Signup for your parent account and add your kid(s), you’ll also see which modules they’ll go through based on their age.
Your kids login from the device of their choice (laptop/desktop, tablet and phones are all supported)
Kids learn through engaging story-telling and fun quiz questions to test and strengthen their knowledge
You will be notified at each step about what they learned, suggestions for games to play with them and questions to ask/discuss with them to help with their financial literacy journey
What they’ll learn
The Finacy curriculum was carefully designed by our team of designers, product managers and most importantly; experienced educators and curriculum developers.
1. What is Money?
Kids will learn that money is something that helps us cover our “needs” and acquire our “wants” by allowing us to buy “goods” and “services”. We dive into these concepts to build a foundation to work off of.
2. Goods and Services
Kids will learn how goods are bought or sold for people to use and how services are offered in exchange for money.
3. Trading and bartering
Kids will learn how trading and bartering was used befor money, and how goods and services were traded as a form of payment
4. Needs and Wants
This module will make it easier for kids to understand the difference between "needs" and "wants".
5. Earning Money
Kids make the connection between money and work. They learn about what are different forms of work that help people get money and how kids can also start earning money as well.
6. Making Spending Decisions
Kids get a basic sense of the idea of “trade-offs” and that because no one has unlimited money, we have to choose between different options when it comes to buying goods and services (i.e. making trade-offs). We outline the value of providing for our needs before our wants and briefly introduce the idea of a budget.)
7. Saving Money
We'll walk kids through the process of saving money and how they can make a habit out of it.
8. What's a Bank?
Kids will learn what a Bank is and how they can use its services to save money.
1. Why Money Matters?
Kids will learn about "opportunity cost" and why is it important when making wise financial decisions.
2. Setting goals
We'll take a look into Short Term and Long Term goals, why is important to set goals, and how Advertisements and Peer Pressure may play a role when setting those goals.
3. Budget and Spending
We go through the process of creating a budget, by first taking a look into the bodget components, then reviewing examples of spending plans and finally going through the process of creating a personal budget.
4. Saving Money
Here we talk about the importance of having a bank, and why is important to save money for big purchases and emergencies.
5. Investing Money
We'll dive into the ways that people can invest their money, what types of invesments are, how can we asess the risk of making an invesment, determining the right time to invest, and how we can identify scams.
6. Donating Money
Kids will learn why and how to incorporate a charity into a financial plan.
7. Career Exploration
We'll start talking about job sector exploration, as well as why is important to get a job in order to earn money. We'll also see how personal interest can be taken into account when choosing a carrer path.
8. Credit Cards
When learning about credit cards, we'll explore why are they important, what it means to be a responsible credit card owner, what's a credit report and credit score, and how to identify situations that wouldimprove or harm credit.
Coming soon to Finacy
Ask a financial expert
If there’s anything we’ve missed or if you just have any financial questions that you’re curious about, soon you'll be able to share your questions with us and we'll have a financial professional address these.
Gamified learning
From the experience of the educators on our curriculum team and from our user research with early parent groups we are consistently seeing that what engages kids the most is some sort of playful, reward system. Kids feel most empowered when they have an enjoyable game-like experience, paired with prizes or levels that encourage them to keep growing in their journey!
Parents chat
A chat room for parents to share the questions their kids are asking, their concerns for their kids’ financial futures, what their kids are doing to build their financial literacy skills and financial futures!
Allowance & chores tracker
This feature will allow you to set & track an allowance for you kids and even link it to weekly chores, learnings goals or anything you’d like really.
And much more!
Have suggestions for other ideas? Hit the support button on the bottom right of the screen to share your thoughts with us!
Meet the teachers
The Finacy platform is developed by a talented team of developers, designers, product managers and most importantly TEACHERS. Let’s meet our education experts who help create our curriculum & content and guide the development of the platform based on years of working with young minds.
Emily Levy
With 8+ years of teaching experience in the classroom setting, as well as curriculum creation and implementation, Emily is a core part of developing Finacy’s financial education approach.
Rebekah Macden
After 15+ years in the classroom, Rebekah is now a Social Emotional Learning consultant and brings this expertise, along with a ton of experience and intuition on what makes students tick, to the Finacy team.
Blog
FAQ
1. How much does it cost?
The Finacy platform is currently free (as we’re still in beta).
2. Who’s building Finacy?
The Finacy platform is being developed by a competent team of designers, developers and most importantly former educators and curriculum designers. Finacy is a PublicSquare venture, a socially driven venture studio based out of Toronto, Canada.
3. Why are you building Finacy?
In our world today, financial institutions benefit from our lack of understanding of financial tools and our education systems barely cover the basics, leaving most people (especially those in financially vulnerable situations to begin with) to make costly mistakes and often ending up in cycles of debt. As a social venture studio, our incubating team identified the connection between strong financial education at a young age and financial safety throughout one’s life, and hence, Finacy was born.
4. How do I get in touch with the Finacy team?
If you have a question or concern that you want to bring up to us, feel free to reach us by shooting us an email at hello@tryfinacy.com . A member of our customer support team or leadership team will be in touch as soon as possible.