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PiggyIT is an innovative money management app designed specifically for children, combining features of a virtual piggy bank, allowance tracker, and chore chart. This engaging app helps parents assign chores to their kids and manage their allowances while teaching them responsibility and financial literacy. Kids can earn rewards for completing tasks, track their earning and spending, and even allocate funds for charitable donations or savings goals. The app also facilitates communication between parents and children regarding chores and purchases through a unique chat feature.
Since its launch in 2020, PiggyIT has continually evolved to enhance the user experience. Upcoming features include educational websites to reward kids for extracurricular activities and integration with digital wallets like Apple Pay and Google Pay for streamlined purchasing. Available for download on both the App Store and Play Store, PiggyIT encourages users to share the app with others, offering referral bonuses as an incentive. This platform not only aims to improve children's money management skills but also fosters meaningful discussions about finances within families.