I’ve not looked close enough at this plan to see if it’s anything that parents should do, but I have no confidence in their ability to keep track of money. Check out this chart they show during their commercials:
The bar on the left represents $10,000. The one on the right represents $20,000. Notice anything strange? The bar on the right is nearly three times as large as the bar on the left, not just double the size.
Gerber Charts measured Here are the same charts, only zoomed in and measured. The numbers represent the height (in pixels) of each one. You’ll notice that the one on the right is more than three times the height of the other.
I realize that the one on the left is set back a little bit, but not nearly enough to cover that kind of difference. Also, I have to say that I got this idea from an old article on cockeyed.com that dealt with Quicken in almost the same way.