Four Apps to Teach Your Kids About Finance

Every parent or caregiver knows how valuable it is to teach children good money habits when they’re young. But where to start? We’re lucky enough to live in a time where that information is not only readily available but can also be reinforced anytime and anywhere. Here are four apps you can use to improve your kid’s financial literacy.

Updated on 20 January 2023.


If your kids are ready to play around with their own money, then RoosterMoney will be a good fit for you. On the surface RoosterMoney is a way for youngsters to keep track of their pocket money, but the progression of features based on age and experience helps build smart money habits for life.

The RoosterMoney app is free to download on Google Play and Apple stores, and is available for your Amazon products too. There is a paid subscription for premium features, where one monthly payment covers the whole family.

AdVenture Capitalist

For the young ones in your life that like video games, AdVenture Capitalist will provide both a fun gaming experience and an intro to being an investor. Starting off with a single lemonade stand, kids can hire employees, acquire other companies and even attract angel investors as their success grows.

You can find AdVenture Capitalist on both Google Play and Apple stores. The app is free to download and use, and in-app purchases are available as well.

Guardian Savings

If you’re looking to teach your kids what having a bank account is like, without the risks that actually having one entails, then Guardian Savings may be the app for you. Essentially a savings tracker for kids, they can ‘deposit’ money (such as from a birthday or allowance) and ‘withdraw’ money for when it’s time to spend. You hang on to the cash in the interim and can approve transactions on the parent side of the app. With features like compound interest on savings, it’s the perfect way to prepare your child to manage real bank accounts in the future!

Guardian Savings is free to download from both the Apple App Store and the Google Play Store.


Make teaching the value of money and achieving one’s goals fun with Homey, an app that lets you set responsibilities and paid jobs for each family member, and manage their privileges, rewards and allowance. Homey allows your kids to make the connection between money and getting a job done, setting them on the journey to financial responsibility! 

Homey has two plans: Homey Basic and Homey Unlimited. Basic is limited to three accounts for a family. Unlimited costs $4.99 a month or $49.99 per year and gives you unlimited accounts and the ability to add or deduct funds from kids depending on their behavior. Homey is available through the Apple App Store and Google Play Store

This is just a small snapshot of the apps available to start improving your kids’ financial literacy. Have a search around and see what options work for you and your family. Don’t forget to check out all of the websites, videos and podcasts out there too!

Chloe is PocketSmith’s Content Marketing Specialist, and she loves that she gets to combine her love of telling stories and technology. In the office, she’s drafting a pun-filled post or debating emojis. Outside of the office, she’s collecting comic books, listening to music and suffering through Bulgarian split squats at the gym.

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