Free
In-App Purchases

Details

  • Released
  • Updated
  • February 24, 2026
  • October 6, 2026

Features

MoneyTykes screenshot #1 for iPhone
MoneyTykes screenshot #2 for iPhone
MoneyTykes screenshot #3 for iPhone
MoneyTykes screenshot #4 for iPhone
MoneyTykes screenshot #5 for iPhone
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About

This app helps families teach children about money management through chores and savings goals. Parents can assign tasks and approve spending, fostering responsibility and financial literacy in a structured way.

✓Assign and track chores
✓Earn coins and set savings goals
✓Parental spending limits
✓Purchase approval system
✓Educational activities
✓Progress tracking
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What's New in MoneyTykes

1.2.0

October 6, 2026

Parents DigiWallet phone in Settings. Purchase approval codes (TACs) now always go to the DigiWallet number saved under Settings → Account information. Parents no longer type it at each approval. Prompt to add a phone. Parents without a saved number are asked for it when the app opens. "Remind me later" hides the prompt until the next launch. Confirm step before approving a purchase. It shows the child, merchant and amount; nothing is approved until the parent taps "Approve & Send TAC". Monthly spending limit per child. On the Limits tab, parents set a hard monthly maximum for each child, which counts pending payments. Each child shows how much is used and how much is left this month. Confirm step before removing a child. It explains that chores are removed but coins and history are kept, and that support can restore the child. Previously one remove button acted on a single tap. ID review status is shown in Settings. Children Offline mode. Under Settings, "Download All for Offline" saves videos, challenge questions and account details (it asks first and recommends Wi-Fi). Downloaded videos play without internet. Challenges taken offline are saved and scored once back online. Watch progress syncs later. Downloads are deleted at sign-out. No more DigiWallet number entry for children aged 14+ when buying. Payments go to the parent's saved phone. Behind the scenes Fewer stray sign-outs: login refresh is more reliable after the app has been in the background. Lighter background syncing: the approvals list only refreshes while the app is open, one refresh at a time. Safer offline data: offline saves can't overwrite each other, and the same challenge can't be submitted twice. Clearer error messages for spending-limit and missing-phone errors.

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Subscriptions & In-App Purchases

Paid Family Plan

Unlimited kids and premium family tools

$6.001 Month
How to cancel MoneyTykes subscription ⁉️

User reviews

The best thing ever

Very easy to use

FAQ

What is MoneyTykes?

MoneyTykes is an educational app designed to help families teach children about money management. It allows kids to earn coins for completing chores and set savings goals, while parents can assign tasks and manage spending.

How does MoneyTykes teach financial literacy?

The app teaches financial literacy by gamifying chores and savings. Children learn the value of earning money, the importance of setting goals, and responsible spending through features like coin balances, goal progress tracking, and parental purchase approvals.

What are the subscription options for MoneyTykes?

MoneyTykes offers two auto-renewable monthly subscription plans: Smart Saver (Basic) for 1-3 children with core features, and MoneyTykes Pro (Premium) for larger families (4+ recommended) with expanded parental controls and deeper tracking.

How can I cancel my MoneyTykes subscription?

You can manage and cancel your MoneyTykes subscription by going to your Apple account settings. Subscriptions renew automatically unless cancelled at least 24 hours before the end of the current billing period.

Is MoneyTykes suitable for young children?

Yes, MoneyTykes is suitable for children aged 4 and up, as indicated by its age rating. The app's design and features are intended to make learning about money accessible and engaging for younger users.

Does MoneyTykes have ads?

No, MoneyTykes does not contain advertisements. The app is free to download and offers optional subscription plans for enhanced features.

On which devices can I use MoneyTykes?

MoneyTykes is available on iPhone, iPad, and iPod devices. It is designed to be compatible with Apple's iOS ecosystem.

How often is MoneyTykes updated?

The latest version of MoneyTykes is 1.1.1, which was last updated on March 30, 2026. This indicates a recent update, suggesting ongoing development and support for the application.