Acorns Early: Kids Money App

Acorns Early is an innovative financial management application designed for children and teens. It offers a variety of features and tools to help young users learn about budgeting, saving, and responsible spending. The app is divided into three sections: Acorns Early Features, Acorns Early Parent Features, and Acorns Early Teen Extra Features.

The Acorns Early Features section includes an automated weekly allowance feature that teaches children the importance of budgeting and managing their money. It also offers a child-led savings goal feature that allows parents to lock and unlock savings goals. In addition, the app provides in-app task lists to teach children the value of earning money through completing chores. The app also offers bite-sized lessons called "Money Missions" to boost financial literacy, with kids transferring over 30% more into their savings after completing one.

The app also provides a prepaid card for children to practice their new skills in the real world, with over 45 designs to choose from. This card can be used fee-free for transactions overseas, making it a convenient option for family vacations. Children can also track their own cash flow within the app, learning valuable money management skills.

The Acorns Early Parent Features section allows parents to easily send money to their child's account through scheduled allowance and instant transfers. They can also incentivize chores by setting task lists and sending rewards. Parents can track their child's spending through real-time notifications and have flexible controls over when, where, and how much their child can spend. The app also offers a "Parent Space" with insights and tips to support their child's financial education. Parents can also teach their child the value of giving back through optional charitable donations within the app.

The Acorns Early Teen Extra Features section is designed for teens aged 13 and above, with a smart debit card and account features tailored to their age group. Teens can request or send money to friends on the app, and even get paid in person with QR codes. They can also set savings goals for their desired purchases and receive wages through direct deposits. The app also offers fee-free transactions overseas and spending maps to track their cash flow.

To get started with Acorns Early, parents can sign up and download the app, and their child can start learning instantly through Money Missions. Parents can set allowance, chores, and add money to their child's account. The child can then activate their card when it arrives in 5-7 days.

The app is available through a Gold subscription for $12 per month, which includes Acorns Early, or can be purchased separately for $5 per month for one child or $10 per month for 2-4 children. With over 54,000 5-star reviews worldwide, Acorns Early has proven to be a trusted and effective tool for teaching children and teens about financial management.