Pennybox - Teaching Kids Money for Android
Pennybox uses chore and task based learning to educate kids on real world money concepts. Kids can gradually learn to earn, and spend their own money responsibly. Parents can monitor and control how that money is used. It’s a digital piggybank that tracks real money. Kids do not need a bank account or email address to use Pennybox.
FEATURES:
* Bank accounts and email addresses not required for kids
* List chores or tasks around the home and attach a dollar value
* Kids complete tasks and get paid directly into their Pennybox account
* Instant payments keep track of money earned and spent
* Pennybox balances are a 'promise to pay' when kids cash out
* Real-time notifications on tasks and payments
* Set repeat chores and kids will receive reminders on money waiting to be earned
* Safe and secure 256-bit encryption
It’s Totally Smart Pocket Money. Check out www.pennybox.com for more info!
HOW TO USE PENNYBOX:
1. Parents list tasks and chores and attached a dollar value to each. $2 to wash the dishes, $5 to wash the car, $10 to mow the lawn and clean the backyard.
2. Kids complete the tasks and chores assigned to them through the app, while collecting and tracking money owed to them in their Pennybox account.
3. Pennybox provides kids with ongoing money education, by teaching how to manage and spend their own hard earned money.
FEATURES COMING SOON:
** Fun and Interactive Money Learning: We are working hard to build fun and practical learning right within the Pennybox app, so kids can learn as they go.
** Track Money Education: Parents will be able to monitor and track their children's progress on money and finance concepts through the app.
** Real Money Transactions: Parents and kids will soon be able to transact, earn and spend real money through the app.
Check out www.pennybox.com for more info!
App is easy use and helps me start good family conversations about money! Like that kids don't need an email address to use it
Cool app to help kids learn about their pocket money! Cash out aspect is very cool and works really well for our kids who are younger. Also love the education aspect of this...hope to see more soon!
by Q####:
It won't let my son cash out.....