Pennybox is the smart way to help your kids become money-savvy adults! Kids can gradually learn to earn, save and spend their own money responsibly under parent supervision. Its totally free!
Pennybox works on shared devices at home, so kids can log in easily with their own account!
** Bank accounts and email addresses not required for kids, but kids get their own login!
** Parents or kids can list tasks, jobs or anything else to do around the home, attach a dollar value and take a photo to describe that task.
** Kids complete tasks and get paid into their Pennybox account.
** Pennybox balances are a promise to pay by parents, for when your kids want to buy something or want cash to spend.
** Safe and secure: Built with kids and families in mind.
HOW TO USE PENNYBOX:
1. Parents or kids can propose jobs or tasks around the home and attach a dollar value to each. $2 to wash the dishes, $5 to wash the car, $10 to mow the lawn and clean the backyard, the list goes on.
2. Kids complete the tasks assigned to them through the app, while collecting and tracking money they earn in their Pennybox account.
3. Kids cash out, or parents can deduct an amount for something they want to buy, giving kids accountability over their money.
COMING SOON:
** Interactive Money Learning: We are working hard to build fun and practical learning right within the Pennybox app, so kids learn as they go about concepts like saving, budgeting, interest, loans, and more.
** Track Money Education: Parents will be able to monitor and track their childrens progress on money and finance concepts through the app.
Join our journey and help us shape the product. Shake your device inside the app to easily send us feature requests or report bugs. We want to hear from you and your kids!