If doling out money week after week, year after year (especially for multiple kids) becomes just another thing you forget to do, you might consider automating the allowance process — using virtual funds — with the free Rooster Money app. It distributes whatever amount of virtual dollars and cents you choose, using the “split allowance” feature for spend, save and give. You can add or subtract funds from various buckets and add notes explaining why.
A paid version of the app helps with chores, incentivized savings, budgeting skills and more.Learn more at roostermoney.com.
