For managing chores and allowance
Chore Check lets parents assign values to various chores put on to-do lists for their children. As chores are checked off, the iOS-only app tracks how much parents owe and, for $9 a month, enables payments divided into separate accounts for spending, saving, and charity. The spending money goes right onto a debit card.
BusyKid works similarly, but costs $25 a year and offers more payment options. Young users can also invest their earnings in stocks.
FamZoo is for parents who want to give their offspring debit cards but not bank accounts, and it offers more parental controls than most. Kids can also use the $6-a-month app to request lunch money.
Stockpile allows the young ’uns to make fractional purchases of individual stocks, beginning with as little as $5. With parents’ approval, kids can even make trades.