MyCache: Family Savings

By Arc3 Ventures, LLC on AppTrack Ninja.

Allowance, interest & goals

MyCache turns saving into something kids can see. You keep the family's savings ledger, and your kids watch their money grow - with interest you pay, an allowance that posts itself, and goals they can track every day. THE INTEREST IS THE LESSON Set an interest rate for each child and MyCache pays it on the 1st of every month, compounding as the balance grows. Kids learn that money left alone earns more money - not from a lecture, but from watching it happen to their own savings. FOR PARENTS • Record deposits and withdrawals, including ones from the past - every balance and interest payment is…

Categories: Finance, Education

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