Roostermoney

Roostermoney: Family Allowance & Budgeting App

Roostermoney is an allowance and budgeting app for families. It helps parents teach their kids financial responsibility by giving them an allowance, chores, and the ability to earn, save, share, donate and spend money in a safe environment.

What is Roostermoney?

Roostermoney is an allowance and budgeting web and mobile app designed for families with kids typically aged 4-18 years old. It aims to help parents teach their children important financial life skills like earning, budgeting, saving, donating and making mindful spending choices.

Some of the key features of Roostermoney include:

• Allowance tracking - Parents can pay allowance instantly and kids can track their allowance balance and history over time
• Chores - Parents can assign age-appropriate chores for kids to earn extra money
• Goals - Kids can set saving goals and work towards them by allocating money
• Spend tracking - Kids can manually log their spending for greater visibility
• Safe debit card - An optional pre-paid visa debit card is available so kids can spend money safely online or in stores
• Content - In-app financial education content to teach money concepts

The app aims to strike the right balance between money freedom and parental oversight. Parents have visibility into their child's financial behavior and can set overall spending limits, get purchase notifications, block categories or merchants and more. At the same time, it lets children practice making independent money decisions.

Roostermoney is designed for use by the whole family together. It aims to create an open dialogue around money and provide a hands-on experience to develop smart financial habits from an early age.

Roostermoney Features

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