BusyKid is an application for Android that provides you with the opportunity to teach your children to manage money properly.
The app gives you the ability to pay your kids an allowance for doing chores. This can teach them how to manage finances in the right way.
Children get access to an account with real cash that they can spend or invest. Moreover, it is possible to transfer money and use a lot of other helpful tools. Parents can monitor the balance of their kids as well as receive notification about all their activities.
The application provides children with similar tools as of usual banking apps like AllyInvest. However, parents have control over the account here and can pay an allowance.
As kids receive pocket money for doing various chores, it is possible to set the list of activities that they have to do in order to earn something for it.
It is also worth noticing that all spendings should be confirmed by parents, so children will never waste their money.
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