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Not many of us can honestly say that we would not have benefited from a little extra money when we reached adulthood. Whether it is funds for college, a head start on a down payment for a house, or just a little money for a car – every cent counts.
The truth is that money was probably available at some point – but it got spent on toys that were never played with, or played with once and then discarded. If your relatives or family friends had invested cash into an interest-bearing account when you were a kid, then it would have grown and grown until it was a sizable figure by the time you hit your twenties.
Download our free app and create an account
Create a child profile with their account details
Connect with family and friends
Download our free app and create an account
Connect with the parent of the child you want to contribute to
Create a digital coin with the value, child, and reason for the gift
Classically, when an individual gives money to a child, particularly if it is to be invested over the long term, it can feel like there is no actual ‘gift’. Our unique digital coin is the perfect way of ensuring that the child benefits from the invested money and that both they and the contributor feel as though a gift has been given and received.
The app serves as a coin collection and stores all of a child's YoorKids digital coins forever. Over the years they can look back at the messages, photos and videos and see exactly who gave what, when, and for what reason – a truly long-lasting gift, uniquely tailored around the specific event, place, time, and sender information.
Children want to feel that they have received a gift – a note saying that money has been invested for them can seem empty. Instead, with YoorKids gifts, they can see the collection of gifts they have received throughout the years and also benefit from the savings and investments – they can even click on a specific sender to quickly view all the gifts received from that person, with the custom-created YoorKid gift.
The sooner that children learn about the way finances work, the better prepared they will be for life in the real world. With YoorKids, they can learn about saving, investment, and compound interest in a fun and meaningful way.
Each child investment account has individual constraints that will be applied – YoorKids is a platform that is used to connect with savings investment vehicles provided by other institutions.
No, YoorKids is a platform used to coordinate giving and receiving – the money is distributed to the connected investment, savings, or other bank accounts.
Whichever investment or savings accounts you have chosen to connect with YoorKids account will indicate what the money is invested in.
The YoorKids gift is created with care and love by the gift-giver that is then stored within the platform for the child to collect and view at their leisure – there is no physical coin.
Any account that can receive ACH payments is supported by YoorKids, including most 529, Custodial, and Savings accounts.
Fill out our quick survey to help us better understand how you would like to invest in your child’s future – that way, we can tailor our solution to meet your needs.
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