Pennybox - Pocket Money

App review by
Christy Matte, Common Sense Media
Pennybox - Pocket Money App Poster Image
Straightforward chore/reward app gets the job done.

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A lot or a little?

The parents' guide to what's in this app.

Educational Value

With support from an adult, kids can learn to track their chores, save toward a goal, and show initiative by suggesting their own chores/rewards.

Ease of Play

The icons/processes aren't all intuitive. 

Violence & Scariness
Sexy Stuff
Language
Consumerism
Drinking, Drugs & Smoking

What parents need to know

Parents need to know that Pennybox - Pocket Money is a chore and money tracking app for kids. Unlike some apps/websites, there's no link to a bank account; the transfer of funds is all virtual until kids cash out and you pay them in person. Kids may need a walkthrough to understand how everything works and how to use it. Also, reading is required, so prereaders will need some help. Families can share one device and switch users in the app. Read the app's privacy policy to find out about the types of information collected and shared. 

User Reviews

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What's it about?

PENNYBOX - POCKET MONEY is a way for families to dole out and track chores and financial rewards. Parents create their own account(s) by signing in with an email address or Facebook account. They can then add kids by creating a username and PIN for each child. There's an option to add an email address and/or picture for each child account. Once the accounts are created, parents can add tasks -- including recurring jobs -- for each child, add or remove money from their virtual accounts, approve completed tasks, or nudge kids for overdue assignments. In the kid accounts, they can mark a task as completed, subtract money from their wallet, or propose a chore they could complete for money. Parents can ask kids to take pictures of a completed task as part of the approval.

Is it any good?

If you're looking for a simple, no-bells-and-whistles way to track chores and rewards for your kids, look no further. Pennybox - Pocket Money is free and sports a clean interface with little distraction. The downside to that is that it isn't necessarily fun to use -- but that may not matter in families with older kids. Some families will miss the ability to customize colors in individual profiles, options like cute icons/animations for completing tasks, and the ability to send custom messages. Ease of navigation could be smoother; if you tap on an alert that you owe a payment, for example, it takes you to the task page, but not to the tab with the completed tasks. The option to switch accounts (which may be commonly used in families with young kids) is only in the Settings menu, which appears in some tabs, but not others. It would be great to have the Switch User button appear as part of the main interface. Despite a few wishlist items, Pennybox - Pocket Money does what it sets out to do, so it's a strong option for families who need the extra recordkeeping help when it comes to chores and rewards.

Talk to your kids about ...

  • Families can talk about saving money while using an app like Pennybox - Pocket Money. Why would you want to save money? What might you save for?

  • Talk about chores. Why do kids have to do chores? What are your expectations as a family?

  • Discuss learning with apps. Do you think this is a good app for learning? Why or why not? What can you learn? 

App details

For kids who love time-management and money apps

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