Kachinga vs Goldy wallet

Kachinga™ helps parents raise financially smart kids by combining an intuitive allowance, chore, and savings management app with a secure debit card for kids with parental controls to provide critical real-world money experience. Kachinga empowers kids by giving them age-appropriate ideas how to earn money and the freedom to make their own money decisions in a safe and controlled environment. And gives parents peace of mind by making it super easy to transfer money (no more trips to the ATM!), providing transparency and controls for kids’ spending, and delivering personalized financial literacy guidance and tools to help teach kids how to manage money responsibly. Kachinga uses a reloadable debit card which means kids can only spend what parents put on the card. This means no overspending and no unexpected overdraft fees. Ever. FOR PARENTS – CONVENIENCE & PEACE OF MIND - Automate allowances & paid chores - Instantly transfer money to kids’ cards - Manage paid & unpaid chores - Get real-time spending & chore notifications - Set parent-paid interest rates for all savings - Automatically match funds for each Save goal - Turn card on/off from the app - View kids’ account histories & trends - Invite others to contribute to kids’ Save goals FOR KIDS & TEENS – FREEDOM & RESPONSIBILITY - Use their own app to manage their money - Track Spend, Save & Give account balances - View & manage chores - Request paid chores - Create savings & giving goals - Shop online & in stores with their own card - Use Apple Pay - Turn card on/off from the app - View account history & trends SECURITY YOU CAN COUNT ON - No hidden fees & no overdrafts mean no unwelcome surprises - Accounts are FDIC insured through our partner Sunrise Banks, member FDIC - Bank-grade encryption & authentication; we never store Social Security numbers - Highly secure data management & strict data privacy; we never sell your data - Fingerprint & Face ID lock to ensure privacy & security - Automatically blocked categories for non-age appropriate spending - Parents can choose if or how much money a kid can withdraw from ATM Kachinga offers two subscription options: - Real Money (Free for 1 month, $36/year per child): Transfer money to your child's Kachinga reloadable debit card to provide critical real-world experience. - Virtual Money (Free): Manage & track money you're holding elsewhere for your kids. Perfect for younger kids! Learn more at https:/kachinga.com.

POCKET MONEY APP FOR THE WHOLE FAMILY Parents, having all the wallets within a single app helps you track how much money your kids got, what they wish for, and what was the money spent on. You can help your kids to make better spending decisions. You can also invite the second parent, so you both can manage the wallets. Kids, have your wallet always available on your iPhone or iPad to know how much money you got and what you can afford. You can also pick your card design! WEEKLY ALLOWANCE PAYMENTS As a parent, you can set up automated weekly allowance payments. BIRTHDAYS, CHORES, EXTRA CHALLENGES As a parent, you can add and deduct money anytime. You can allow your kid to make extra money for doing extra work or achieving goals. FINANCIAL PLANNING, MOTIVATION As a kid or parent, you can create a wishlist to envision the goal of saving. Goldy will show if a kid has enough money to buy what they want or how much money is still required. ORGANIZATION SKILLS A kid has the freedom and responsibility to keep the wishlist updated. The payments and contributions are presented as separate transactions to teach kids how the real banking world operates. NO CASH, NO REAL MONEY Goldy works with virtual money, so you do not need to bother with transferring the real money. It is like a bank account, but faster and with no age limitation. TEACHING KIDS THE FIRST FINANCIAL SKILLS The top priority of Goldy is to support you when teaching your kids the first financial skills. The following points are a great start to teaching your kid the first healthy financial skills. 1. Start with the basics at a young age 2. Establish a habit of saving 3. Create an opportunity to earn money 4. Let your kid make a wishlist of what they want to buy 5. Help your kids to make better spending decisions 6. Demonstrate healthy spending habits Thank you for choosing and supporting Goldy. Your feedback is highly appreciated! Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/