We pay our younger kids allowance but we do it “digitally” (we pay for everything for them and then deduct the cost from their digital allowance). We dont need debit cards, real bank accounts, or anything fancy. I just want a running tally of each kids money with a transaction log. I was keeping an excel spreadsheet and then tried a shared numbers spreadsheet. But my wife complained these were cumbersome to sync and use on out iphones.
I found this app and gave it a try. IT WORKS BEAUTIFULLY. Each child has an account and we can add or remove money very quickly and intuitively. We can also give kids their own login so they can check their own balances.
Feedback Suggestion: I would love the ability to schedule recurring transactions (money in) on a daily, weekly, monthly, etc schedule. We do weekly allowance and this would make things much easier.
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Neoraistin