$25 Off Till Financial Vouchers, Discount Codes Nov 2024

About Till Financial

Till Financial is a Boston-based fintech company founded in 2018, dedicated to enhancing financial literacy among young people. The platform offers a fee-free app and debit card tailored for kids and teens, designed to teach essential money management skills such as earning, spending, and saving. By providing tools that engage both children and parents, Till aims to foster practical financial education within the family dynamic, ensuring that young users develop confidence and competence in handling their finances as they grow.

Unique Selling Points of Till Financial

Till Financial stands out in the crowded fintech landscape through several key features:

• Fee-Free Banking: Unlike traditional banks that often impose monthly fees or minimum balance requirements, Till offers a completely free banking experience for families. This ensures accessibility for all users, regardless of their financial situation.

• Collaborative Learning: The platform encourages parents and children to engage in discussions about money management, transforming everyday transactions into valuable "money moments" where lessons can be learned together.

• Customizable Allowance and Tasks: Parents can automate allowances, set tasks for their children, and reward them upon completion. This feature not only teaches responsibility but also helps kids understand the value of work and money.

• Savings Goals: Users can create personalized savings goals within the app, allowing kids to track their progress towards specific financial targets, such as saving for a new bike or video game.

• Real-Time Spending Insights: Parents receive notifications about their child's spending activities, enabling them to guide their financial decisions actively. This transparency fosters trust and accountability between parents and children.

Common Questions Addressed

What age group is Till Financial designed for?

Till Financial primarily targets children aged 6-18 years old. The platform is designed to grow with your child as they learn different aspects of money management.

Is there a cost associated with using Till Financial?

No, Till Financial offers a completely fee-free banking experience with no hidden costs or subscription fees.

How does Till ensure security for its users?

Till employs bank-level security measures including FDIC insurance up to $250,000 per depositor through its banking partner. Additionally, all transactions are protected by Visa’s Zero Liability policy, ensuring user safety while using the app.

Can parents monitor their child's spending?

Yes, parents receive real-time notifications about their child's spending activities, allowing them to maintain oversight while encouraging independence in managing finances.

How does Till help teach financial literacy?

Till integrates financial literacy lessons directly into everyday transactions through its app features. By turning routine spending into learning opportunities, children gain practical skills that will serve them throughout life.