10 best apps that teach kids about money

Discover the 10 best apps that teach kids about money

Teaching children about money from an early age is one of the most valuable lessons parents and educators can provide. In a world where financial decisions start sooner than ever, giving kids the right tools to understand saving, spending, and investing is essential.

The good news is that there are plenty of apps designed to make financial education engaging, interactive, and age-appropriate.

These apps combine games, challenges, and real-world experiences to help children grasp the fundamentals of money management in a fun and effective way. Below you will find a list of the 10 best apps that can help kids develop financial literacy skills and build healthy habits for the future.

1. Greenlight

Greenlight is a popular app that offers kids their own debit card, fully controlled by parents. Through it, children can learn how to budget, save, and even invest.

Parents can set spending limits, track transactions, and assign allowances directly through the app.

2. GoHenry

GoHenry is designed to give children practical money experience. The app comes with a prepaid card that kids can use under parental supervision.

It teaches the importance of making smart spending choices, saving towards goals, and earning money through tasks.

3. PiggyBot

PiggyBot focuses on teaching kids the value of allowances and goal-setting. Children can track their money digitally and divide it into categories such as “save,” “share,” and “spend.” By visualizing their savings goals, they understand how discipline leads to rewards.

4. BusyKid

BusyKid helps children link chores to earnings, giving them a sense of accomplishment and real-world perspective on money. Parents assign tasks, and once completed, kids earn money that can be saved, donated, or spent.

5. FamZoo

FamZoo is a family finance app that simulates a “virtual family bank.” Parents act as bankers, and children as account holders.

By using both prepaid cards and virtual accounts, it provides a comprehensive system to teach budgeting and financial independence.

6. Bankaroo

Created by a child, Bankaroo is a simple yet effective app that allows kids to manage virtual money. They can set saving goals, track allowances, and learn how decisions impact their balance.

Bankaroo works like a digital piggy bank and is suitable for both younger children and teenagers.

7. iAllowance

iAllowance is perfect for teaching kids how to handle allowances and rewards. Parents can automate payments, set chores, and track savings progress.

With built-in visuals, children see exactly how their money grows, making financial concepts more tangible.

8. RoosterMoney

RoosterMoney introduces children to money concepts step by step. Parents can assign chores, pay allowances, and teach kids to save towards specific goals.

The app also allows younger children to manage “virtual money” before moving to real-life spending, making it an excellent tool for gradual learning.

9. KidFund

KidFund is unique because it blends money education with a savings platform. Family members and friends can contribute money to a child’s account for birthdays, holidays, or special occasions.

Kids learn the importance of saving while experiencing how collective effort can help achieve goals.

10. InvestMate (by eToro) – for teens

For older kids and teenagers ready to explore investing, InvestMate is a beginner-friendly app that introduces concepts such as stocks, diversification, and market trends.

It uses interactive lessons and quizzes to simplify complex ideas, preparing teens for more advanced financial decisions in adulthood.

Conclusion

Financial literacy is not just for adult, it is a life skill that starts in childhood. The 10 apps highlighted here, from Greenlight to InvestMate, show how technology can empower children to understand money in meaningful ways.

Whether through managing allowances, setting savings goals, or learning about investments, these tools create a strong foundation for the future.

By making financial education engaging, children not only learn the value of money but also the importance of discipline, patience, and planning. The earlier these lessons begin, the greater the impact on their lifelong financial well-being.

Written by

Juliana Raquel