parent-controlled banking app for kids – teaching financial literacy through hands-on money management

Summary: Chippy Bank is a parent-controlled app that helps children learn financial literacy by managing allowances, tracking spending, and setting savings goals. It provides a platform for kids to understand saving, spending, interest, and transaction history, preparing them for future financial decisions.

What it does

The app enables parents to control allowances while children log spending, earn interest, and review transaction history. It introduces basic financial concepts and plans to add features on tax and investment education.

Who it's for

It is designed for parents who want their children to develop early financial awareness and practical money management skills.

Why it matters

It addresses the lack of financial education in schools by providing children with foundational money skills through real-world practice.