How does it work
Basically, Moneydad is your family balance book, where you can create tasks for you kids, track their balances, record penalties for bad behaviour, etc. So, you do both - "carrot and stick". Sometimes parents forget about a "stick", but it's very important... We didn't mean actuall stick, of course :)
There are NO bank accounts or another financial information have to be associated with the app. Moneydad is just a notebook where you make notes about money you gave, subtracted or have to give to your kids.
To get started:
If your kid doesn't have a device to install the Moneydad app, you can create an account for him/her with your device. For more details how to work with the app, please, read our quick tutorial.
So, let's imagine couple cases:
Or the other way
And one more case
And here where Moneydad comes.
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