GoHenry
With GoHenry, parents can easily set up an account for their child and manage their allowance. They can choose how much money to give their child and set up automatic transfers. This allows kids to learn about budgeting and saving money.The GoHenry app allows kids to track their spending and see how much money they have available. They can also set savings goals and track their progress. This helps them develop good money habits and learn the value of saving.GoHenry also offers Money Missions, which are fun and educational tasks that kids can complete to earn extra money. These missions teach kids about different aspects of money management, such as budgeting, saving, and making smart purchasing decisions.Parents have control over their child’s spending by setting flexible parental boundaries. They can choose where their child can use the card, set spending limits, and even block certain types of purchases. This gives parents peace of mind knowing that their child is learning about money in a safe and controlled environment.Overall, GoHenry is a great tool for teaching kids money skills. It provides a hands-on learning experience and gives parents the tools they need to guide their child’s financial education.