GoHenry: Banking for Under-18s
Finance
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4.2
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App Information
Introducing GoHenry by Acorns, the debit card & banking app for kids and teens, teaching money management skills. With automated allowance, savings goals, task lists, and educational content, kids aged 6-18 gain financial knowledge, while parents monitor and guide them.
Application Features
Automated Allowance
Teaches budgeting skills with weekly allowance, reinforcing the concept of budgeting and responsible spending.
Savings, Stashed
Instills the habit of saving with child-led goals that parents can manage and unlock, encouraging financial responsibility.
In-App Task Lists
Promotes earning by assigning rewards for completed chores, teaching the value of hard work and monetary rewards.
Bite-Sized Lessons
Boosts financial literacy through Money Missions, helping kids transfer over 30% more into their savings and make sound financial decisions.
Frequently Asked Questions:
What age group is this app suitable for?
GoHenry by Acorns is designed for kids and teens aged 6-18 to learn money management skills from an early age.
How do parents monitor their child's financial activities?
Parents can use flexible parental controls to oversee their child's spending, set tasks, and guide them in making financial decisions.
How has GoHenry impacted children's financial confidence?
92% of parents reported that their children became more money-confident since using GoHenry, highlighting the app's positive influence on financial awareness.
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