What are the Best Money Apps for Kids?

Financial education is essential and should start as early in life as possible.

While the number of schools adding personal finance to their curricula continues to grow, many kids don’t get taught about managing money at school or home.

What’s one way to help teach a kid who can’t get their nose out of their phone or tablet to use money wisely? You put the education right on their screen!

12 Money Apps for Kids and Parents

Take a look at the following 12 money apps made for kids and help them become financially savvy in no time.

1. Step

Step is a banking system designed for your teen. It’s an FDIC federally insured account with debit card access only. There’s no risk of your teen over-drafting their account and the debit card is protected by Visa’s Fraud Protection and Zero liability guarantee.

Parents can instantly send money right to their teen’s Step account by linking their account or debit card. The most significant benefit of Step is that the debit card also helps build your teen’s credit history.

You can also set up their allowance as automatic payment and help them learn to budget and save money.

• From a parent, “This has been so much fun for my youngest to learn the value of money. She knows what she has and what she can spend. I love how easy it is for me to send her money in a pinch if she needs it.”