At a time when just 39% of Americans admit to having zero in a savings account. and 57% say they have less than $1000 in a savings account, it's critical that our children learn how to manage money. The majority of schools don't teach basic finance, so BusyKid was created to give children (5-17) actual hands-on practice at earning and managing money. BusyKid is the first and only app that helps teach children how to earn, save, share, spend and invest by completing chores and earning actual allowance. Parents should think of BusyKid as their child's first job with direct deposit.
After parents set up a child profile and schedules chores, children simply check off completed chores and watch as the allowance grows. When Friday rolls around, it's Payday and the weekly allowance is deposited into save, share and spend areas. From here, the child can save, buy shares of real stock, purchase gift cards from hundreds of outlets, or if he/she has a BusyKid Spend Card ($5 per child), purchases can be made in stores or online. BusyKid provides real teachable moments for the children, and for parents, they still have control through approvals whenever money is moved.
BusyKid costs only $14.95 per year for an entire family.