PayDay is an app for managing pocket money. It helps to develop childrens financial skills.
What can you do with a PayDay?
- Establish an amount of pocket money.
- Accomplish tasks and get allowances.
- Increase your income by performing good results.
- Learn the concept of taxes in a practical way.
Invest a part of your income in the familys budget: to pay utilities or something that costs money and is used for the good of everyone in the house. The same way as government use taxes to build infrastructure.
- Set goals and save money for them, facilitating savings management.
With PayDay, children will get important life skills. Moreover, conversations on how to organize tasks and on the number of allowances are useful to strengthen the relationships between parents and children.