Comments on: Using Product Loyalty Programs to Help Teach Saving Skills

By: Chuck Garret

Chuck Garret — Fri, 25 Jan 2008 21:16:47 +0000

Loyalty programs are excellent educational programs (I really never thought of in that way). They teach consumers how to be savvy in their accumulation of the reward currency and how to save for that item you want. Granted many programs are ill-conceived – but funny enough, the consumer can figure those programs out. Well constructed loyalty programs do force consumers to make some very considered choices

By: Elmore Riley

Elmore Riley — Wed, 23 Jan 2008 02:18:23 +0000

There are also organizing programs online where you can show your tech-savvy child how to manage rewards and spending online. Leveragecard.com has an interface very similar to online banking and that can be an added feature in your savings lesson.

By: Jeremy

Jeremy — Tue, 22 Jan 2008 15:58:53 +0000

All you’re teaching children with this stuff is to be victims of marketing and slaves to consumerism.

By: ben

ben — Sun, 20 Jan 2008 07:47:50 +0000

I used to do this, but found I ended up spending more money trying to get the prize than just buying the prize.

By: Traciatim

Traciatim — Fri, 18 Jan 2008 20:02:09 +0000

Instead of buying crap with points, why not teach your kids to save by letting them know that these are just ploys to get more of their money and they should ignore the marketing and use products that they need.

By: greenday

greenday — Fri, 18 Jan 2008 16:40:36 +0000

Thanks for this list. I need to look into some of the loyalty programs that you mentioned since I do buy the products from time to time. On my list of things to do today!