Penny Time - Finance education
Money habits for life
About
This app teaches children about financial literacy through interactive decision-making scenarios. It helps kids understand how money grows, the impact of their choices, and long-term financial thinking. Parents can manage allowances and approve cash withdrawals.
What's New in Penny Time
4.29.1
October 25, 2026
Overall fixes and improvements.
FAQ
What is Penny Time?
Penny Time is an educational app designed to teach children aged 8 to 14 about how money works. It uses interactive scenarios to help kids understand financial concepts like growth, choices, and long-term thinking.
How does Penny Time teach financial concepts?
The app presents children with short decision moments involving small amounts of their allowance. For example, they might choose to invest in a lemonade stand, learning about outcomes and delayed gratification.
Can parents control the allowance in Penny Time?
Yes, parents act as the bank in Penny Time. They can set the allowance amount and approve any requests for cash withdrawal, ensuring parental oversight.
Does Penny Time require bank accounts or debit cards?
No, Penny Time does not require any bank accounts, debit cards, or chores for setup. It's designed for simple parental management and empowering for kids.
What age range is Penny Time best for?
Penny Time is specifically recommended for children aged 8 to 14, providing a simple yet empowering financial education experience for this age group.
How often is Penny Time updated?
The latest version of Penny Time is 4.28.0, and it was last updated on September 24, 2026. This indicates a commitment to ongoing development and improvements.
Is Penny Time available on multiple devices?
Yes, Penny Time is supported on both iPhone and iPad devices, making it accessible to a wide range of users within the Apple ecosystem.
Does Penny Time have ads?
No, Penny Time does not contain advertisements. It offers a completely ad-free experience for users.
