MySchoolBucks Blog | For Families

Making Family Money Management Easier with MySchoolBucks & Greenlight

Written by Claire Whelen | Aug 24, 2021 3:20:42 PM


You know MySchoolBucks for school payments. Now we’re joining forces with Greenlight to make family finances simple inside and outside of school. With MySchoolBucks and Greenlight, parents can manage their kids’ complete budgets while empowering them to get smart with money.


Now with Greenlight, MySchoolBucks families can help their kids learn about money, set savings goals and get their very own debit card, while parents have the tools to be in control of it all. From lunch money to allowances, we’re working together to make all family payments safe and convenient.

It’s more than just a debit card. It’s ownership and empowerment which your kids will love. With their Greenlight card and app, kids get to be in the driver’s seat on how they choose to spend, save, give or invest their money, while you have visibility to what they've spent their money on and how much they have left right in MySchoolBucks.

 

With savings goals, kids experience the satisfaction of watching their balances grow and making a purchase when they’ve saved up enough. Kind of like a piggy bank, but a whole lot cooler! As their balances grow, you can help guide them to learn how to save responsibly and spend wisely, with quick access to their balances right in MySchoolBucks. They’ll be budgeting pros in no time.

 

With Greenlight, you can also create custom chore lists and schedule one-time or weekly tasks for kids to complete, making chores more enjoyable for all. You can even set a schedule to automatically send allowances to your kids. Then, relax and let it happen.

Balancing home life and school life for your kids basically makes you a jack of all trades. That’s why we’re dedicated to giving you the tools you need to be a master of it all, in and out of school. By signing up for a Greenlight account through MySchoolBucks, you can keep tabs on your kids’ balances cafeteria, school fees, and Greenlight spend, save, and give all in your MySchoolBucks account. And with quick access to Greenlight, you can switch apps to transfer money to your kids’ cards in just a few taps.

 

Plus, you can select specific categories or stores where your kids can make purchases or instantly lock their card if necessary in Greenlight. You’ll have peace of mind knowing they’ll have funds when they need them and you’ll have control over how and where they spend. You’ll always be able to view their spend history right in MySchoolBucks and get real-time alerts from Greenlight whenever they’ve made a purchase.

 

“Greenlight has been a great addition to teaching our kids good financial responsibility and spending habits. It’s so easy to use and my kids love it! I don’t have to worry about them losing money or spending frivolously … and honestly my kids love that they can just carry their card and pull it out for purchases.”

-- E. Sampaia

 

Unlock it all and get started with your first month free. After your one month trial, plans start at $4.99/month for the whole family. Includes up to five kids.

The Greenlight card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.