By approving (or partially paying) a task, you are depositing the wage into their virtual spending account.
You can create custom goals to encourage savings, like: save $100 to deposit in the bank; or even save to donate to a favorite charity or organization in the giving account.
Kids (or parents) can create wish lists of items, experiences and goals that they want to work for. The wish list translates the price of a wanted item into the number of tasks needed in order to afford the wish.
Show kids these quick videos by clicking on the images below
to see if you can inspire them to start “cleaning up”
Experts agree that giving children responsibilities with money promotes early learning of the value of a dollar
and help kids understand that money has to be earned to be spent
Kids can decide if they really want the item and are willing to work for and save for it, learning the discipline of delaying gratification and passing up unworthy wants.
You can select tasks from our suggested age-appropriate chores, or create custom tasks that are relevant to your family or individual children. The app reminds kid of daily tasks through text alerts.
Once a week (or more, if you prefer), parents approve, deny or partially pay tasks of each child.
(This is so that your children only earn rewards for the tasks they completed to your standards.)
We suggest paying for tasks that are “above and beyond”.
For example: while you expect your child to keep their room clean, you may pay to take out trash, feed pets, rake leaves, etc. Every family is different, which is why the app is customizable.
We continue to improve the app and add and features based on user wants, so please feel free to reach out to us at email@example.com for suggestions to make the app better or for features that would provide more value to you and your family.
You can then decide with your child how much should be moved into savings and or the giving account.