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The parents' guide to what's in this app.
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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?
- Devices: iPhone, iPod Touch, iPad
- Skills: Self-Direction: initiative, motivation, work to achieve goals
Responsibility & Ethics: fiscal responsibility
- Price: Free
- Pricing structure: Free
- Release date: June 5, 2018
- Category: Education
- Size: 75.90 MB
- Publisher: Penny Labs
- Version: 3.0.2
- Minimum software requirements: iOS 10.0 or later
- Last updated: March 13, 2020
Our editors recommend
For kids who love time-management and money apps
Common Sense Media's unbiased ratings are created by expert reviewers and aren't influenced by the product's creators or by any of our funders, affiliates, or partners.