Money Box Kids - Bomad 4+
Allowance tracker, piggy bank
Graeme Pyle
Designed for iPad
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- Free
- Offers In-App Purchases
Screenshots
Description
Quick and simple: you pay for items kids buy, then deduct in the app. Schedule allowances and set savings goals. Become your child's money mentor and private banker!
Bomad - short for Bank of Mom and Dad - teaches kids about money by letting parents run a virtual piggy bank for their children.
It works like this:
You create a virtual piggy bank for them using the parent app on your phone, which they can see in the child app on their iPad, phone or other device
Then you set the app to add an allowance weekly, or when they get birthday money or cash from the tooth fairy, they give it to you and you keep the money as your own, but add it to their balance in the app
When your child wants to spend, you pay or give them cash, and deduct it in the app
So the account balance is just what you owe your child
Your child gets notifications for all transactions from the piggy bank
They can easily see how much they have in the app, and what their money was spent on
So your child really begins to understand money
They stop nagging for stuff every time you're at the mall. They start thinking more about the future, and - with your guiding hand - they start making better spending and budgeting decisions.
Bomad has many other cool features too: kids can save for goals and get paid for doing chores. Older kids can claim expenses and request money transfers to real bank accounts so they can spend on debit cards.
Bomad is more than a piggy bank, it teaches kids better money habits, while making tracking money and allowances a breeze for parents.
Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Privacy Policy: https://bomad.app/privacy-policy
What’s New
Version 2.0.211
Minor changes to App Store listing
Ratings and Reviews
This Is The Best Piggy Bank App In The App Store!!!
I've been managing my kids "money-bank" on Notes on my iPhone for some time. I always knew there was likely an app or better way to manage, but for some reason I just never took the time to explore my options.
My son mowed our lawn and I forgot to update his balance in Notes. He was quick to remind me last night, and so I decided enough was enough. Your app is a PERFECT solution. Simple, clean, and free. I don't need the premium features yet as my kids are still young, but I can see how we could quickly grow into the premium subscription. Thanks for your brilliant solution. It seriously takes a load off my plate!!! Keep up the good work
Developer Response ,
Thanks Pete, I really appreciate the review, it made my evening 🙂
Beautiful Elegant Allowance Tracker
I have tried about ten allowance tracking apps, and I gave up on all of them and eventually tracked in a spreadsheet. I also refuse to pay a monthly fee to use an app—I’m trying to teach my children responsible money practices here, and forgetting about yet another monthly subscription is irresponsible imo (Bomad is free but I would gladly pay a one-time payment).
All this to say Bomad is everything: beautiful design, simple to use, accommodates reoccurring payments and debits, does not complicate and gamify children’s chores and allowances. Thank you to the lovely developer who also provides helpful tips via newsletter on using the app and creating responsible money practices for our children.
Developer Response ,
Thank you very much, I'm glad the app is working well for your family.
Just what I needed
This app reminds me of my first bank account passbook — which was for a Christmas club account. This will make paying allowance easier. I also like the ability to have sub accounts. The feature I would like to see is some kind of a simple interest calculation feature for accounts. I like to encourage saving habits by paying interest once a month, and it would be nice to set up a feature to add it automatically.
App Privacy
The developer, Graeme Pyle, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Linked to You
The following data may be collected and linked to your identity:
- Contact Info
- Identifiers
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Information
- Seller
- Graeme Pyle
- Size
- 44.7 MB
- Category
- Finance
- Compatibility
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- iPhone
- Requires iOS 13.0 or later.
- iPad
- Requires iPadOS 13.0 or later.
- iPod touch
- Requires iOS 13.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
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English
- Age Rating
- 4+
- Copyright
- © 2024 Bomad
- Price
- Free
- In-App Purchases
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- Pro $2.99
- Pro yearly $24.99
- Pro $2.99
- Pro $2.99
- Supporter $1.99
- Pro yearly $29.99
Supports
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Family Sharing
Some in‑app purchases, including subscriptions, may be shareable with your family group when Family Sharing is enabled.