Points and money are different units: calculate redemption both ways
By Erik Nilsen · Kroni3 min read
If your family uses points and agrees a redemption value, your child needs to distinguish the point count from the money amount. Write a unit beside every number. An item costing 24 money units does not necessarily cost 24 points because your family may have agreed another ratio.
Use one clear family agreement
In a hypothetical example, the family agrees that one virtual point can be redeemed for two money units, arranged by the parent outside the app. Your child has 17 points and wants an optional item costing 24 money units. The figures and ratio are invented; this is neither a standard Kroni value nor a currency exchange rate.
All 17 points represent 17 × 2 = 34 money units under this agreement. The item costing 24 requires 24 / 2 = 12 points. After redemption, 17 − 12 = 5 points remain. Those five represent 5 × 2 = 10 money units for a later redemption under the same terms.
The money check is 34 − 24 = 10. The points check is 17 − 12 = 5. Both describe the same agreement, but the numbers have different units. Do not deduct 24 points when the purchase price is 24 money units.
Write what was actually redeemed
A realistic snag is your child saying “I have 34” while the record shows 17, then the family forgetting what the number means. Ask them to say “17 points, equivalent to 34 money units under our agreement”. It takes longer but prevents a mistaken or duplicate entry.
If the item instead costs 26 money units, redemption is 26 / 2 = 13 points, leaving four. The method is unchanged. If your family changes the point value, agree the new rule and start time clearly; do not use two ratios within one calculation without explanation.
An adult actually paying for the item checks the final price before agreeing the points. A wish-list price does not establish what was paid. Your child does not receive both the item and its full money value for the same 12 points.
Ask your family: “Which numbers are points, which are money, and which agreed rule connects them?”
Keep the correct unit in the record
Kroni can use a chosen currency or virtual unit for your child. Its balance is virtual, and your family agrees what the unit means for rewards or payments. The app does not transfer money. Agree how to record a redemption and check both the point count and actual amount outside the app. Read about allowance in Kroni.
