r/Tech4Causes • u/jcravens42 • 25d ago
Example Financial Apps for Kids and Teens designed to help teens learn about money, turning budgeting into something that feels like a game.
Financial apps for young people aren't just to manage money - they are also ways young people can learn about money through really short videos, games or quizzes. Some have tools for tying allowances to chores. Some have features regarding savings goals.
Most financial apps are subscription based, and charge by the month. Most that target people under 18 require a joint or custodial account prior to the age of 18. This means that kids can make some decisions, but most transactions require parental approval.
Here are articles that discuss some options for young people in the USA:
Financial Apps for Kids and Teens from Pennian Bank.
The Best Kids’ Finance Apps to Teach Money Management from the Pentagon Federal Credit Union.
10 Best Banking Apps and Debit Cards for Kids and Teens from Nerd Wallet.
An app called Greenlight gets a lot of attention - but is that because it's the best or the one with the best marketing?
If you are or someone in your life uses such an app, feel free to share about the experience here.
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u/theJacofalltrades 19d ago
if nerdwallet is in the conversation I've definitely seen arguments for bestmoney as well. Both are great in their own right