BusyKid: Teach Kids Smart Money Habits with Chores, Saving & Investing
Share Product:
BusyKid: Teach Kids Smart Money Habits with Chores, Saving & Investing
BusyKid is financial education tool to teach children practical money skills through debit card, chore management, savings goals, and the ability to invest in real stocks,
Some products on phroogal.com may include affiliate links — learn how we make money.
BusyKid: Teach Kids Smart Mone...
BusyKid is an award-winning financial app and prepaid debit card that helps parents teach kids the value of earning, saving, spending, investing, and giving money responsibly. With built-in chore tracking, savings goals, investing features, and parental oversight, BusyKid makes financial literacy hands-on and fun for the whole family.
What Is BusyKid?
BusyKid is a family money management app designed to help kids learn essential financial skills from an early age. Parents assign chores and pay allowances directly in the app, while kids manage their earnings using a Visa® prepaid debit card. Funds can be saved, invested in real stocks, or donated to charities. With BusyKid, children gain practical money experience under full parental guidance.
BusyKid Overview
| Plan | Best For | Pricing | Coverage |
|---|---|---|---|
| Annual Plan | Families teaching kids money management through chores and allowances | $48 per year per family | Up to 5 kids; includes prepaid debit card, chores, saving, investing, and giving |
| Additional Cards | Families needing more than one prepaid debit card | $7.99 per card per year | Extra BusyKid Visa® prepaid debit cards for children |
How BusyKid Works
- Set Up Your Account: Parents create a BusyKid account and add children.
- Assign Chores: Parents assign chores and payouts; kids complete tasks to earn money.
- Debit Card Spending: Kids manage their earnings using a BusyKid Visa® prepaid debit card.
- Save & Invest: Kids set savings goals or invest in real stocks (with parental approval).
- Give Back: Children can donate a portion of their earnings to approved charities.
- Parental Oversight: Parents monitor all activity, approve transactions, and guide decisions.
Key Features & Benefits
| Feature | Benefit |
|---|---|
| Chore & Allowance Tracking | Automates work-for-pay and teaches kids the value of earning money. |
| Prepaid Debit Card | Kids can spend responsibly in stores or online with parental oversight. |
| Savings Goals | Encourages kids to plan ahead and practice delayed gratification. |
| Investing in Stocks | Introduces kids to real-world investing with fractional shares. |
| Charitable Giving | Fosters generosity by letting kids donate earnings to charities. |
| Parental Controls | Parents approve spending, monitor progress, and receive instant alerts. |
Who Is It For?
- Parents who want to teach kids money skills in a fun, practical way.
- Families with young children learning about chores and allowances.
- Teens beginning to explore saving, investing, and charitable giving.
Pricing & Fees
- Annual Family Plan: $48 per year (covers up to 5 kids).
- Additional Debit Cards: $7.99 per year per card.
- Includes access to chores, saving, investing, giving, and parental monitoring features.
Trust & Security
- BusyKid Visa® prepaid debit card backed by FDIC-insured accounts.
- Full parental oversight and approval of transactions.
- Real-time notifications for added safety and transparency.
- Recognized by financial educators and awarded for promoting kids’ financial literacy.
BusyKid FAQs
How many kids can use one BusyKid account?
The standard annual plan covers up to five children, each with their own chore tracking and prepaid debit card (additional cards are available for $7.99/year).
Can kids really invest in the stock market?
Yes. With parental approval, kids can invest their earnings in fractional shares of popular companies, introducing them to real investing early on.
Is BusyKid safe for kids?
Yes. Parents maintain full control, all funds are held in FDIC-insured accounts, and real-time alerts keep spending secure and transparent.
Get Started with BusyKid
Help your children build financial confidence by earning, saving, investing, and giving with BusyKid.
We appreciate your honest feedback. Share your real experience to help others make confident money decisions.
Reviews
There are no reviews yet.