Bomad lets parents run virtual bank accounts for their kids, avoiding the hassle of cash and real bank accounts. When a child wants to spend money, the parent pays but deducts it in the app. When the child receives money (allowance, birthday, etc), the parent adds it in the app.
Kids can see their balances and transactions in the kids app on their own devices, and they receive notifications too.
Other features include:
- Allowance scheduling
- Budgeting and saving for goals
- Expense claims
- Works on spouse and kids devices
- Works with debit cards
- Can track real-world balances as external accounts
Average rating
4.9
out of 5 stars
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