Now, if youre considering a money app for your child, teen, or young adult, below are a few of our favorites. It's free and has a ton of features to help you get your financial life in order. One of our favorite tools for adults to use to track their finances is. These apps allow parents to pay their children for chores or allowance, track their spending, teach them about saving and budgeting, and even guide them into their first investments. Parents today have the opportunity to do so much more for their kids future, and they have the incredible tools like money apps and platforms to help them do it. We didnt have much financial education in school, either, with only a few days dedicated to things like writing a check and calculating interest. Unfortunately, most of these were learned by watching my parents make bad decisions that I was determined not to repeat. I grew up learning many financial lessons from my parents. This content has not been provided by, reviewed, approved or endorsed by any advertiser, unless otherwise noted below. We may, however, receive compensation from the issuers of some products mentioned in this article. You can trust the integrity of our balanced, independent financial advice.
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December 2022
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