Meet Maya. She has $20 saved, gets $10 each Friday, and wants a $43 pack of Pokémon cards. Here’s how her family records it.
01 · Set up
Create a parent account, then add a child. Enter the savings you’re keeping track of for them and choose an allowance schedule.
Create their login so they can check their own account. Count any physical bills and coins separately as cash on hand.
Example account · Maya
02 · Keep the record
The scheduled allowance brings Maya’s saved balance to $30. When she spends $8, her parent records the purchase. Now they both see $22.
Gifts and other deposits work the same way: record the amount and a description so the next balance makes sense.
Example · This week
| Entry | Amount | Balance |
|---|---|---|
| Starting savings | $20 | $20 |
| Friday allowance | +$10 | $30 |
| Art supplies | −$8 | $22 |
03 · Make a plan
Maya puts her $22 saved balance toward the $43 goal. That plans how to use existing savings; it doesn’t add new money.
With no other spending, three more $10 allowances would bring her savings to $52. After buying the cards, she’d have $9 left.
Example · Maya’s view
Assumes she saves each allowance for this goal.
Parents set allowance, record spending, and manage access. Kids check their money, set goals, and ask about purchases. Everyone sees the same recorded amounts.
See the other tools →Free to use. No bank account or payment card required.