The previous article discusses two money saving apps that can help teach the kids to save money since their early age. Of course, there are many other options to try. Each app comes with unique features and tools to guide the parents in viewing what the kids do with their financial matters. Hopefully, the apps teach the kids to be independent in making decision about money matter, and this becomes a good habit for the rest of their life.
More Options of Money Saving Apps for the Kids
PiggyBot
The app is available for iPad and iPhone for free. Design to teach financial literacy for kids, the app allows them to serve as an allowance tracker and an electronic piggy bank. Yes, as the name suggests, main character in the app is a pinky pig. The app works in a simple way to track how the kids spend allowance and save their money. All of the allowance must be allocated appropriately. No allowance is missed!
PiggyBot is developed by Kasasa. The app is a smart tool to teach the kids about smart spending, smart saving, and smart sharing. Many tools are available to help the kids manager their allowance. They can:
- Set their spending and saving goals
- Take pictures of interesting things
- Purchase things
- Share money, and many more
Famzoo
Ready for the financial jungle? Famzoo is waiting for you. It is one of favorite money saving apps, tanks to the rich features and user-friendly tools. The app helps the kid understand about budgeting, money, and saving. The award-winning app comes with a number of great features for the kids, including:
- Managing family spending
- Stashing money for saving
- Charity
- Managing allowance
- Doing extra chores to get more allowance
- Setting goals
- Considering loans, and many more
Famzoo is provides the users with several benefits. It is designed for all ages, from pre-school to college. If your family gets headache because of credit card debt, the app is a great tool to keep the kids on budget. It empowers the kids, without losing parental control. More importantly, it teaches the kids on the danger of debt, the power of interest, rewards of hard work, and many more.
Yuggler
This is an award-winning app for the family. It won Parents’ Choice Approved Award and Webby Awards Honoree, thanks to the fresh ideas it discovered for the kids and the family as a whole. Yuggler revolutionizes how the family discovers, plans, and organizes kid activities related to financial matters.
Actually, Yuggler is not limited to money saving apps. Instead, it provides the kids and parents with wider ranges of activity to enjoy during the family time. Of course, financial management is among the list.
Overall, five money saving apps have been discussed so far. They are actually designed for fun, but the kids can learn valuable things on financial management for their selves and their family. Make your kids confident in managing their money since the very early age. This way, they are fully ready to have credit cards in the future.