Monday, January 03, 2011

Kids are older now but I'm back!

It has been a long time, over two years in fact but this blog continues to be a great source of information for parents I've found.  Still to this day, I get my share of emails and comments, and I think it is time for me to pick it  back up.

Why did I stop posting?  The truthful answer is that my business fell on rough times during the past few years.  Venture Capital all but dried up in 2008/2009 and we were forced to focus on CardLab, our gift and incentive card business, because the PAYjr business just wasn't paying the bills.  I still think there is a significant opportunity in the youth payment space and I hope to pursue it again real soon. In the meantime, I hope to continue acting as a source to families looking for information on chores, allowances, and paying kids.

As a side note, please know that the original URL, ChoresAndAllowances.com expired and before I realized it, a squatter scooped it up and apparently has sold it to a new company hoping to compete in the industry.  Midawi Holdings, Inc.  I know they are the owners of www.our-dough-main.com and I hope their business of teaching kids financial education is a complete success, there is certainly room for more than one of us ;).  I've sent them an email requesting my domain back, let's see if they ever respond.  If you have a free minute, please drop them an email and let's see if we can appeal to their conscious.

Earn Smart. Spend Smart.

Dave
Chore and Allowance System
Teen Prepaid Card

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