Family Bank for iOS

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Developer’s Description

Teach your kids about money and how to manage their allowance.

Do you want to teach your kids about money? How to manage their allowance? Encourage savings by adding interest? Every parent knows the importance of teaching children about money, but we (parents and kiddos) become frustrated for many reasons:We forget that Saturday is allowance dayWe lose track of how much allowance we oweWe never have enough cash on handA child loses or forgets their moneyThis App allows you to keep track everyones accounts on your iPhone. Use it to pay allowance to one or more accounts (savings, fun, charity, gifts), to add interest automatically to savings, and to track what the kids purchase. It also allows a child to see his/her own account and to track his/her progress toward a saving goal. Teach your children the basics about money management. Also, help them learn about deferred gratification, power of interest, charitable giving, and many other everyday financial concepts.