PiggyBot is a brand-new allocation app from BancVue that landed in the iOS App Store earlier this month.
Unlike other piggy banks that track actual money in your kid’s bodily piggy financial institution, PiggyBot is a journal sheet that tracks virtual cash.
The virtual currency of PiggyBot is wonderful for hectic moms and dads which do not always have a five buck expense in their pocket when it concerns paying allowance or giving cash for an added job well done. Rather than handing over a paper expense, PiggyBot enables a parent to develop an account on an iPhone and add cash to that virtual account as required.
The account alternatives in PiggyBot permit each child to have an allotment of cash for savings, for sharing and for investing. When moms and dads add money to a youngster’s account they could figure out where the cash will certainly go and then youngster could determine how to share or invest it. When a youngster is ready to make an acquisition, the parent will certainly recognize immediately the amount of the youngster has in their bank account and could deduct that quantity on the fly.
The app is meant to be taken by parents and kids, with the parents managing the accounts and giving the money, and the youngsters adding in products they desire to get and folks with which they intend to discuss their money. Each account is secured by a pin, so children can not access the moms and dad’s account and each sibling is secured to their own account.
PiggyBot has a vivid interface with enough customizations that the app could be customized for each and every child, but the choices are not overwhelming. Each kid can alter the colour of their online checking account in addition to include an image, as an example. There are no syncing alternatives, so the data stays just on a solitary tool.
PiggyBot is linked with Kasasa, a nationwide brand name of free checking and savings accounts that supplies benefits. The application is indicated to be an energy for moms and dads and a learning too for children to help them handle their money intelligently by enabling them to invest, share and save their money.
There are no logins and the application is not linked to any sort of bank account services. Aside from the “Powered by Kasasa” logo design basically, there are no ads in the app.
PiggyBot is readily available free of charge. It works with the iPhone and iPad and calls for iOS 7.