Allowance Tracker vs AllowanceKit
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Allowance Tracker
This app helps parents easily track and manage their children's allowances and spending. It allows for adding allowance, deducting purchases, and viewing transaction history to teach financial responsibility and encourage saving.
- Track allowance easily
- Deduct purchase amounts
- View transaction history
- Add child expenses
- Promote savings
- Customizable colors
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Welcome to Allowance Tracker - the app that simplifies the way parents manage their children's allowances! Are you tired of keeping track of your children's allowance on a notepad or spreadsheet? Allowance Tracker is here to help. With our user-friendly interface, you can easily track your children's allowance, view transaction history, customize colors, and more. Add allowance to the app and watch as your children's savings grow. Whenever your child wants to make a purchase at the store, they can simply ask you to deduct the amount from their balance. This feature helps your children learn the value of money and make responsible spending decisions. Allowance Tracker also allows you to add purchases made by your children, helping you keep a record of all their expenses. This feature ensures that you are aware of your child's spending habits and can help you teach them how to budget their money. With Allowance Tracker, you can view a balance of your children's current savings and transaction history. This feature helps you stay informed about their financial activities and encourages them to save money. Customize the app's colors to match your child's personality and make the app more engaging for them. Say goodbye to the hassle of managing your children's allowance. Download Allowance Tracker now and enjoy a stress-free way to manage your children's financial activities! Simplifies allowance management: Say goodbye to the days of tracking your children's allowance on a notepad or spreadsheet. Allowance Tracker makes it easy to manage and track your children's allowance all in one place. Encourages responsible spending: By allowing your children to ask you to deduct money from their balance when they want to make a purchase, they will learn the value of money and make responsible spending decisions. Helps track expenses: You can add purchases made by your children to the app, helping you keep a record of all their expenses. This feature ensures that you are aware of your child's spending habits and can help you teach them how to budget their money. Promotes savings: With Allowance Tracker, you can add allowance to the app and watch as your children's savings grow. You can also view a balance of your children's current savings and transaction history, encouraging them to save money. Customizable: The app allows you to customize the colors to match your child's personality and make the app more engaging for them. Stress-free: With all the features that Allowance Tracker offers, managing your children's allowance will become a stress-free process. You can rest easy knowing that your children's financial activities are in one secure place. Are you tired of the constant struggle of keeping track of your children's allowance and spending? Allowance Tracker is here to make your life easier. This app is designed specifically for parents who want to manage their children's allowance in a stress-free and efficient way. Allowance Tracker's balance feature is perfect for parents who want to keep track of their child's current savings. The balance updates in real-time, so you can always see how much money your child has saved up. This feature is a great way to encourage your child to save more money and make better financial decisions. The deduct feature is another great way to teach your child about responsible spending. When your child wants to make a purchase, they can ask you to deduct the amount from their balance. This helps them understand the concept of spending within their means and not overspending. Finally, Allowance Tracker is secure and private. All your data is stored in the app, and you can set up a password to ensure your child's financial information is safe.
AllowanceKit
This app helps families teach children about managing money through a virtual allowance system. Set up automatic deposits, customize spending and saving buckets, and let kids track their balances on their own devices. It's a digital ledger for teaching financial literacy without real bank accounts.
- Virtual allowance tracking
- Automatic deposit scheduling
- Customizable spending/saving buckets
- Kid's view with balances
- iCloud syncing across devices
- No bank or card connections
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AllowanceKit is a virtual allowance tracker that helps families teach kids about money — without the complexity of real bank accounts or debit cards. SET IT AND FORGET IT Enter your child's allowance amount, pick a schedule (weekly, fortnightly, or monthly), and AllowanceKit deposits it automatically. Even catches up if you forget to open the app. SAVE, SPEND, GIVE Split every deposit into custom buckets. Teach your kids the basics of budgeting without a single lecture. Rename buckets, adjust percentages, or add new ones to match your family's values. SAVINGS GOALS — NEW Give any bucket a goal — a bike, a game, anything — and let your kid pick a sticker to go with it. The bucket card fills up as they save, the whole screen celebrates when they get there, and the sticker joins their collection for keeps. FAMILY SHARING Manage allowances together. Invite the other parent with a QR code and they get full access from their own iCloud account, with every change syncing both ways. Grandparents can follow along view-only. KID'S OWN VIEW Kids check their balance, buckets, and history on their own device or the family iPad — even with their own Apple ID. Big, friendly numbers. Look, but not touch. Optional passcodes keep siblings out. VIRTUAL TRACKING ONLY AllowanceKit is a ledger, not a bank. No bank connections, no card numbers, no real money moves through the app. You handle the cash, we handle the math. THE WHOLE FAMILY, IN SYNC iCloud keeps every device up to date — yours, the other parent's, and the kids'. Add money on your iPhone, and it shows up everywhere. Works on iPhone, iPad and Apple silicon Macs. TRULY PRIVATE All data stays on your device and in your personal iCloud account. No servers, no analytics, no ads, no tracking. We literally cannot see your data. FREE VS PREMIUM • Free: 1 child, up to 3 buckets, all core features — and accepting any Family Sharing invite • Premium ($12.99 one-time): Unlimited children, unlimited buckets, savings goals, child device locking, overspending, creating Family Sharing invites No subscriptions. No recurring fees. Ever.
Screenshots
Verdict
The clearest difference is review sentiment: Allowance Tracker at 47% against AllowanceKit's 0%. Allowance Tracker also leads on ratings volume (227 vs 2) and iOS requirement (15 vs 17.0). AllowanceKit's advantage is rating (5.0 vs 4.4). On price, update cadence, ads and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Allowance Tracker sells 1 in-app purchase, starting at $14.99 per year and AllowanceKit sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.
AllowanceKit holds the better App Store score, 5.0 against 4.4. That said, the two scores are not equally well evidenced: Allowance Tracker has 227 ratings behind it against 2, so its average is the more settled of the two. Written reviews complicate that: 47% of Allowance Tracker's written reviews are positive against 0% of AllowanceKit's, so the app with the better star average is not the one people write more warmly about.
Allowance Tracker ships an update every 4 days, AllowanceKit weekly. The most recent releases landed on September 22, 2026 and September 23, 2026 respectively.
| Parameter | Allowance Tracker | AllowanceKit |
|---|---|---|
| Price | Free | Free |
| Rating | 4.4 (227 ratings) | 5.0 (2 ratings) — better |
| Positive reviews | 47.1% of reviews — better | 0.0% of reviews |
| Number of ratings | 227 — better | 2 |
| Update frequency | Every 4 days — better | Weekly |
| Ads | No | No |
| In-app purchases | Yes | Yes |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Devices | iPhone, iPad, iPod — better | iPhone, iPad |
| Requires iOS | 15 — better | 17.0 |
| Further details — not scored | ||
| Size | 11 MB | 3 MB |
| Age rating | 4+ | 4+ |
| Developer | Oval Software Oy | Rod Xavier Bondoc |
Customer experience
Allowance Tracker
AllowanceKit
In-app purchases
Allowance Tracker
- Allowance Tracker Subscription3 Days trial$14.991 Year
AllowanceKit
- AllowanceKit Premium$4.99
Questions
Is Allowance Tracker free?
Is AllowanceKit free?
Which has better reviews, Allowance Tracker or AllowanceKit?
Do Allowance Tracker or AllowanceKit have ads?
Which is updated more often, Allowance Tracker or AllowanceKit?
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