Our Mission
Kudosy is on a mission to strengthen families everywhere and help them learn how to manage money together, without the guilt-trips and without anyone feeling dumb or self-conscious. Kudosy helps parents raise awesome humans and teach their kids how to manage money effectively, regardless of how financially-savvy they feel. Kids love Kudosy because it’s fun, and parents love it because it improves behavior, adapts to any parenting style, and drives learning through experience. We want to help your family be happier and more unified, all through a gamified app that you can take anywhere you go!
With Kudosy, Help Your Family...
Level Up Their Financial Future
Despite more societal and institutional spending on Financial Education than ever in US history, financial literacy rates across the country are declining! Researchers, parents, and teachers alike agree that current methods to financially educate children are NOT working. Kudosy aims to SOLVE this financial literacy crisis by empowering families to learn and master money concepts in the home. With Kudosy, your kids can grow up with the right financial mindset and habits from their early years, giving them the ultimate head start.
Strengthen Family Bonds
Families can bring us so much joy, but as a parent sometimes it feels impossible to both enjoy the family and provide the discipline your kids need. Kudosy helps families gamify good behavior, meaning Mom or Dad don’t have to be the bad guy. Instead, kids want to behave well and families can focus on the joys of being together.
Motivate Positive Behavior
Let’s face it, people only change or grow, if they want to. Kudosy is designed to help kids and family members everywhere want to behave well, build their habits, and serve others through a gamified experience. In the moment, kids earn kudos for their efforts, but the habits and talents they grow in the meantime last forever.
Ignite The Entrepreneurial Spirit
Kudosy inspires kids to seek out ways to provide value to their family and friends. Whether your kids go on to start their own businesses someday, or they decide to work for someone else, if they know how to provide meaningful value to others, they’re sure to find great success!
What is Kudosy?
Kudosy Family Wallet is a digital reward system for your family that both improves behavior and helps your kids learn how to manage money. As your kids behave well, build their talents, or provide value to others you can award them kudos in the app whether you’re home, at the store, or anywhere else! These kudos make a game out of doing good, and the more your kids are awarded, the more they’ll want to earn!
Kudosy is an awesome way to promote the right kind of behavior without yelling or force. Instead, Kudosy makes earning points fun and kids will begin to behave well because they WANT to. Kudosy is perfect for parents who want to parent more positively.
Kudosy also teaches kids how to manage finite resources effectively. In the app, kids not only earn kudos but can spend them on whatever you as the parent want to allow. Your kids can choose from a curated list of fun games or toys, or even memorable experiences like getting ice cream with Dad, or going to the park with Mom! With Kudosy, you are in complete control of everything! You decide what they see, you decide the price, and you can even create your own rewards your kids can redeem for any time you want.
With Kudosy, you can also say goodbye to the headache of trying to pay your kids with cash you don’t carry, or trying to track how much you’ve paid them and how much they’ve spent. Inside Kudosy, your kids can manage their kudo balances and decide what they want to spend their kudos on. This gives them enough control to learn real lessons and build strong habits, so when they start using real dollars, they’ll be prepared for it!
Testimonials
Game Changer
Motivating for my Kids
My kids are cleaning their room!
FAQs
Absolutely! Kudosy is the perfect parenting tool because it adapts to any parenting style and gives parents the support they need.
To get started with your family, simply download the app and create cards for every member of your family. Then, as your family members do things that you want to promote, you can easily shower them with kudos! And as they’re rewarded, they’ll want to behave, build their talents, serve others or anything else you are trying to promote.
One of the best ways you can award kudos is by noticing. If your kid does something you really like, simply say thank you and give them some kudos! You may be surprised that your kids will want to keep doing that thing over and over again, because they had a good interaction with you the last time they did it!
Research has shown that the best way to gain financial literacy is through experience. Kudosy is a fun fianncial playground for families that allow them to experience making financial decisions and discovering the consequences on their own. With Kudosy, kids earn kudos by behaving well, building their talents, or serving others, meaning when it comes time to use them, they know what they’re worth, because they earned them. Kids can spend their kudos on fun things or experiences, or invest their kudos so they can afford what they want faster, or they can give them away. With Kudosy, kids learn how to manage money, not because they are told the right answer, but because they figure it out themselves. They feel buyers remorse, they experience the excitement of investing, and they feel the joy of giving helping them want to do that again and again.
By default, a kudo is worth 10 cents. This makes the math for calculating the cost of things super easy. If a candy bar is $2, it will cost 20 kudos, for example. With that being said, as a parent you can change the value of a kudo at any time! So, if you’d rather have a kudo be 2 cents, 5 cents, 25 cents, a buck and a half, or any other amount you’re able to make that adjustment with ease!
Using a play currency like kudos gives you a ton of flexibility that you would never have with regular dollars, and it can protect your children from the money biases that you have.
- First, since kudos are a play currency you can value them at whatever you want, to fully adapt to your family budget.
- Second, some experiences have no physical dollar price (for example, going to the park with Dad, baking a cake with mom, or choosing the family movie night movie). But with kudos you can establish a family value for these activities that your kids can work towards.
- Third, having a play currency allows for fun investments that make sense for kids. Kids don’t care about saving for retirement, that’s forever away for them! What they care about is getting the rewards they want sooner! Kudosy investments are designed to do just that, helping kids from a super young age love investing!
- Fourth, kudos allow you to separate this fun, family game from dollars in the real world. At home, it can be incredibly helpful to award a kid kudos for taking a shower or being respectful, but in the real world, your child will never be paid for doing those sorts of things. Having a distinction of kudos and dollars, helps kids learn that the game is a bit different with dollars, though the core mechanics of the game are the same.
100%. At the end of the day, people (whether old or young) do things because they want to. By using kudos to reward your kids, you are helping them feel small wins every time they do something great.
For best results, we recommend giving kudos to your kids only until a habit is fully formed, then you can move on to the next behavior you’d like to build. For example, you may want to award kudos to your daughter for emptying the dishwasher for several months, but then slowly stop awarding kudos to teach her that doing the dishes is something that is expected and regular in this family. As that habit is formed, you can then help your daughter learn the next thing by awarding kudos for practicing an instrument or mowing the lawn.