BusyKid
chore-based allowance app with investing and charitable giving for kids
How it works
BusyKid is a chore and allowance app for kids ages 5-17 that includes a Visa prepaid debit card, fractional share investing, savings matching, and charitable giving. Parents assign chores, set allowance payouts, and approve transactions while kids learn to allocate earnings across spend, save, invest, and donate buckets. The app also supports BusyPay QR-code payments from friends and family.
Is it right for you?
Consider if you
- You want one flat annual price covering up to 5 kids
- You want kids to learn investing with real fractional shares
- You value charitable giving as part of your child's financial education
Skip if you
- Families wanting a free debit card option
- Teens wanting credit-building features
Your money and data
BusyKid's Visa Prepaid Cards are issued by Pathward, N.A., Member FDIC. Funds are FDIC-insured up to $250,000 through Pathward. Parents can monitor all transactions in real time, set spending limits, and lock or unlock cards from the app.
Pros & Cons
Pros
- One flat $48/year covers up to 5 kids with no per-child add-on fees
- Investing in 4,000+ stocks and ETFs with no trading commissions
- Built-in charitable giving to approximately 60 national and regional charities
Cons
- No monthly payment option — billed $48 annually only
- Google Play rating notably lower than iOS (3.68 vs 4.2)
- User reports of app bugs and card delivery delays
Pricing details
$48/year ($4/month equivalent) · 30-day free trial · up to 5 kids
On busykid.com · We may earn a commission
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