This may be the cost of buying the app, unless there's a free trial available.
They tend to be more advanced than other financial literacy apps, and they're often aimed at teenagers or adults. Investing education appsĪ sub-type of financial education apps, investing education apps focus specifically on the subject of investing. It's not like a credit card, so there's no risk of going into debt. With a prepaid card, kids can only spend what their parents load from their checking account onto the card. Some companies that offer allowance apps also have prepaid cards that parents can use for their children's allowances.
Allowance apps usually offer automated or manual payments and the option to offer rewards for certain tasks, such as completing chores or getting good grades. With this kind of app, parents can manage allowances for their children. This is among the most popular types of financial literacy apps, and there are educational options available for users of all ages. They may offer videos, audio, text content, and/or quizzes. These apps focus on providing educational content to users through modules and lessons. Here are the most common types and what they offer. There are a variety of financial literacy apps available.