Best Allowance and Chore Apps for Kids: Top Picks Reviewed

Managing allowance and chores can be a challenging task for parents. Fortunately, the best allowance and chore apps for kids make this process much easier. These apps not only help streamline household tasks but also teach children valuable financial and organizational skills. In this post, we’ll explore the top picks for 2023, why they matter, and how to choose the right one for your family. Read on to discover the best solutions to improve your family routine.

Why Use Allowance and Chore Apps?

Allowance and chore apps can play a vital role in teaching kids financial responsibility and essential life skills. These tools provide an organized way to manage household tasks and track earned allowances. With allowance apps, children can learn to budget, save, and spend their money wisely. On the other hand, chore apps help parents assign and monitor tasks, making it easier to instill a sense of responsibility in kids. Both types of apps offer unique features that can be customized to fit the needs of your family. Many apps also offer educational content to reinforce good financial habits and organizational skills.

Top 5 Allowance Apps for Kids in 2023

Allowance apps provide a practical way for kids to learn financial responsibility, budgeting, and saving. There are many great options available. Here are the top 5 allowance apps for kids in 2023:

• 1. Greenlight: This app offers a smart debit card for children, controlled by parents. Kids learn to earn, save, give, and spend wisely. Parents can set spending limits and get real-time notifications.
• 2. FamZoo: FamZoo combines a prepaid card system with helpful educational tools. It supports a virtual family bank where parents act as “bankers” setting up interest rates and tracking chores.
• 3. gohenry: Featuring pre-paid debit cards and an intuitive app, gohenry lets parents set spending limits and track transactions. Children learn to manage their allowance through real-life spending and saving experiences.
• 4. BusyKid: BusyKid is a chore and allowance app that allows kids to earn money by completing tasks. The app encourages saving, investing, and spending wisely through practical experiences.
• 5. RoosterMoney: Designed to incrementally teach kids about money, RoosterMoney transitions from a star chart for young kids to a real money tracker as they grow.

These apps are designed to encourage practical financial education for children while providing parents with the tools they need to manage allowances efficiently.

Top 5 Chore Apps for Kids in 2023

1. BusyKid

BusyKid allows parents to assign chores, set up an allowance, and track their child’s progress. With BusyKid, kids can learn the value of hard work while earning real money. Features: BusyKid allows children to set goals for their earnings and even invest in stocks.

2. Homey

Homey emphasizes the importance of teamwork in managing household tasks. Each family member can have their own profile, and chores can be assigned to specific individuals or shared amongst the group. Standout Feature: The app allows for visual tracking of chore completion and savings goals.

3. ChoreMonster

ChoreMonster turns mundane chores into fun and interactive activities. Kids earn points for completing chores, which they can redeem for rewards set by parents. Fun Element: The app features cute monsters that kids can collect as they complete chores.

4. OurHome

OurHome offers a comprehensive platform for managing chores and family schedules. The app includes a system of rewards and goals to motivate kids to participate in household tasks. Strengths: Calendar integration and meal planning features set this app apart.

5. iAllowance

iAllowance is designed to teach kids about financial management through chore tracking and allowance. The app supports multiple banks and currencies, making it versatile for different families. Noteworthy Feature: Automated allowance deposits ensure kids get paid on time.

How to Choose the Right App for Your Family

When selecting the ideal app for your family, consider various aspects to ensure it fits everyone’s needs. Identify the primary purpose: Will the app primarily manage allowances, track chores, or both? Apps like Greenlight and RoosterMoney focus on financial education, whereas BusyKid offers a blend of chore and allowance management.

Age-appropriateness: Make sure the app is suitable for your children’s ages and understanding. Some apps offer different modules tailored to various age groups, helping younger kids with simple tasks while providing more complex features for teens.

Ease of use: An intuitive interface is crucial. The app should be easy for both parents and kids to navigate without much guidance. Check for apps with user-friendly designs, like iAllowance, which offers straightforward tracking and management features.

Customization:

Look for apps that allow you to customize tasks, rewards, and allowances. This ensures that the app can be tailored to your family’s unique needs and goals. MyJobChart, for example, lets parents set personalized chores and rewards based on each child’s responsibilities.

Security and privacy: Ensure that the app maintains high standards for data security and privacy. Given the sensitive information involved, it’s essential to choose a trustworthy app that protects your family’s data.

Cost: Consider the app’s pricing structure. Some apps offer free basic versions with optional premium features, while others may require a subscription. Reviewing these details will help you determine the best value for your family’s needs.