Sequin notebooks, new backpacks and superhero folders. With school-aged kids, you know what time it is: back-to-school! While this is an exciting time of year, many families can feel strapped for time as kids’ schedules get filled with after-school activities and other commitments.
Yes, kids are busy. But parents are even busier. According to the Pew Research study Parenting in America, at least half of parents with school-age children say their kids play sports (73%), participate in youth groups (60%), take music, dance and art lessons (54%) or do volunteer work after school or on weekends. And 31% of parents claim to always feel rushed.
Typically, these activities also come with expenses. But there’s an easy way to manage payments and money owed for things like sports uniforms, field trips and other items that may come up throughout the year.
Here are a few reasons busy moms and dads are using Zelle to save time and keep up with back-to-school money matters (and the Super Doer PTA Mom) with just a few taps on their mobile phone.
Cash and Checks are Inconvenient
We know this. You know this. Busy parents don’t have days to wait for a check to clear or time to run to the ATM on the way to football practice.
Next time, suggest fellow parents ditch the “old school” and use an easy way to send and receive money with other parents for the team’s pizza party. Introduce them to mobile payments using Zelle through their bank app (or standalone Zelle app, if their bank doesn’t offer Zelle). With Zelle, they’ll be able to easily send and request money with friends, family and people they know and trust at different banks1 – for lots of things, not just pizza.
Urgent Money Matters Happen
Life happens. We’re busy and forgot to send money to Chad’s dad for the team uniforms and the order is due today. When things come up in the moment, Zelle is a fast, safe and easy way to send money to another parent, coach or someone you trust when they need it quickly. The money will be available directly in their bank account in minutes2.
It’s Awkward Asking to be Paid Back
You can avoid the awkward text or in-person conversation and easily send a friendly request to the moms or dads who may have forgotten and still owe their share.
Parents are juggling a lot these days. Remembering who’s paid and who still owes can be a challenge. Within the Zelle activity feed, you have a quick reference of payment history right on your mobile phone, so it’s easy to keep track of payments and send a friendly reminder to anyone who still owes.
Here’s how to get started sending and receiving money with friends and family this school year.
1. Look for Zelle in your banking app.
Check your banking app (or go to Get Started) to see if your bank or credit union offers Zelle. If it doesn’t, you can download the Zelle app for free in the App Store or Google Play.
2. Complete a few quick steps to enroll through your banking app or the Zelle app.
3. Start sending and receiving money.
Select a contact’s email address or U.S. mobile phone number and enter an amount to send. They will get a notification you sent them money and instructions on how to enroll (if they’re not already enrolled), and you’ll have a record of the payment.
Managing back-to-school schedules and school-related costs can quickly add complexity to your life. Fortunately, you can use Zelle to make life happen a little easier. Send, request and split the cost for expenses like field trips, teacher gifts, school supplies and team dinners right from your mobile phone.
And, hey, we can’t promise it, but you could be labeled as the cool, tech savvy mom or dad.