Our mission is to promote financial well-being from childhood by providing tools for parents to educate their children financially, Our platform offers a range of features, from simple ones such as an Allowance Wallet to more advanced ones such as virtual investments.
Learn moreFinancial education is not as common as it should be, starting at an early age could make a difference to set a positive mindset about money. KidsWallet is a tool to manage kid's allowances but it is also a tool to help parents to educate their children financially, some of the main features are:
Create a wallet for each kid, manage children's access to the wallet, configure allowances, rewards & warnings.
Add "Digital Coins" to a wallet, configure the Coin to Cash ratio (X coins are equivalent to Y dollars/euros/Etc.). Withdraw coins from a wallet; discounts coins from a wallet and shows what is the equivalent in cash.
Schedule a daily, weekly or monthly allowance for each kid, configure how many coins will be added.
Configure how many "stars" will add a coin(s) to the wallet, and how many "warnings" will remove a coin(s) from it (pay a fine).
You and your children can decide what to do with the coins, keep them in the wallet ready to withdraw, or lock them for a fixed term, earning interest you can withdraw the coins before the term paying a fine.
Similar to Fixed term, you and your children can decide to invest some coins instead of keep them in the wallet, choose what to invest on (i.e. cartoons, video games, toys) and based on popularity trends earn or loss coins.
KidsWallet helps parents educate their kids financially, motivate kids to save and invest, and make allowances easy to manage
Easily manage and schedule your kids allowance, for example
Add coins to a wallet at any time, for example
Add "stars" or "positive points" to a kid's wallet, for example
Configure how many stars will add coins to the wallet, for example
Opposite to the rewards, you can add "warnings" or "negative points" to a kid's wallet, for example
Configure how many warnings will remove coins from the wallet (pay a fine), for example
A parent or guardian can configure the coin to cash ratio, for example
Together with your children, you can "withdraw" coins from the wallet to buy real world stuff or benefits, some examples:
You can help your children decide what to do with the coins in the wallet, so they can learn some basic financial concepts and start deciding how to use their money.
The coins can be used at any time, this is where the deposited coins and allowances are.
The coins can be locked for some time, receiving an interest, for example
You and your kids can invest some coins into "subjects", for example
Based on a trending algorithm, you can earn or loss coins over time, for example