Two of our savviest Osperteers, Frank and Ernie, have written Osper reviews for us!
Check them out below! 😎
What is Osper?
Osper is a fun and new way for children and teens to learn more about handling money!
An Osper Card is a debit card that allows you to buy what you want (online or at the
shops), if you have the money on your account. Your account is accessible via the
Osper App which is available on the app store. You can receive money on your account
from allowances set up by parents or carers, loads from anyone who wants to give you
money and the Osper App tracks what you spend and where. The Osper App has a
brand new feature where you are able to tag an item you’ve bought. Tagging allows you
to tell the app exactly what you spent money on that day or in that place.
Let’s look at these things in more depth…
Why buy an Osper card?
These things all sound good, but why should YOU buy one? Osper Cards are simple to
use, nicely designed and they put you in control of your money. They also make you
feel quite grown up if you are a child and you are using an Osper Card because you may
be the only person out of your friends to have one and that could make you feel unique.
If you are out with your friends and you’ve lost your money or you have forgotten to
bring cash, your parent/guardian can add money straight to your card to use swiftly
after! Another simplicity of owning an Osper Card is that you don’t need to carry cash
and coins around with you all the time because your card holds the money you have
and can use. This is especially handy at restaurants when you’re out with friends; if you
and your mates have to split the bill then you don’t need to spend ages working out the
exact change you need to give or receive because your card will easily take care of that.
Another fairly new feature that Osper have added to their app is savings. Savings allows
you to put certain amounts of money away into your ‘savings goal’. The savings goal
saves the amount of money you’ve chosen and puts towards an item you have entered
in the active goal or gives you a just saving option where you can save money to use
when you need it in the future. A percentage of your allowance can also go straight onto
your active goal automatically, for example £5 from a £20 per month allowance can go
to savings, meaning your savings account will have at least £60 in it at the end of the
year! Also, there is an option where you yourself can take money from your current
balance and put that amount in your savings account to go towards your goal.
The Osper Card has changed the way I use my money as well as help me get out more. When the savings option came out I started saving £5 a month. This is useful for when I want to save up for things. I enjoy having contactless as it is easier to use. I don’t need to carry cash around with me. My parents can top it up. I don’t need to worry about if I don’t have enough money on me. I have had my Osper Card for a couple of years now and my family can add on money when it is my birthday. So I can spend it on what I want. I have an allowance which I can choose to save. Osper have helped me to not only learn how to use my money but how to make more. I can still use Osper when I’m 18! I can use my card on anything. I feel more grown up using a card instead of money. I have shared with my friends and now most of us have it. It is easy to use (if you know your pin!) – but there is always the pin reminder option too in case I forget. I can use it on anything from food to games. I can use it anywhere. It helps kids save their money. This has helped me through my childhood as I can choose want I want to do with my money. Controlling my money with my phone is really useful as I can check on it. I like my privacy with my money.
I can use it anywhere! I usually use it in town with my friends when I get anything. Sometimes I forget my pin so I get my parents to remind me or use the pin reminder option on my app. I like spending my money on food or presents as it is really easy to use! Having savings is useful for when I want something but don’t have enough money so I save up for it. I am currently saving £5 per month from my monthly allowance for a trip to New York in December – it’s fun watching my savings go up each month and knowing that when I get to New York, I will have the money for treats and clothes I may want.
I have learned a lot about money management since having my Osper Card – I know when my monthly allowance comes in and that I have to save £5 pounds of it, which is getting me used to saving, but I can also plan what I can do – and not to spend it all at once. I think teaching kids like me about money is really important as kids do need to know what things cost and that they cannot always have everything they want – they have to save up for it and even earn it – because one day we will be adults and have to pay bills and things like that.
Thanks again to Frank and Ernie!
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Have a great day!
Jack and the Osper Team 🙂