Free allowance tracker for kids
The allowance tracker kids actually check
KidCash keeps every kid’s balance, pays allowance automatically, splits it into Spend, Save and Give, and gives your kid a page of their own to see it all. Free for one kid. No card, no bank account.
What KidCash tracks
Every balance, always current
Each kid has a balance that updates the moment you add or subtract money. Kids can check it themselves on their own profile, so "how much do I have?" stops being a question for you.
Allowance that pays itself
Set an amount and a schedule (weekly, every two weeks or monthly) and KidCash pays it on time. If you skip a week, it catches up instead of forgetting.
Spend, Save and Give jars
Split each allowance automatically, for example 70% Spend, 20% Save and 10% Give. New families start on that split, and you can change it or switch jars off.
Chores tied to pay
Assign chores, let kids mark them done, approve them, and optionally hold the allowance until the week’s chores are finished.
Savings goals with a progress bar
A bike, a game, a trip. Kids see how close they are and how many weeks are left at their current pace, which is where patience gets learned.
Interest on savings
Pay interest on savings so kids watch compound interest work on their own money, a lesson that is hard to teach any other way.
How it works
Step 1
Add your kid
A name, an age and a starting balance. Takes under a minute.
Step 2
Set the allowance
Pick the amount, the day and the jar split. Our allowance-by-age guide suggests a number if you want one.
Step 3
Let it run
Allowance pays on schedule. You log spending and extra earnings as they happen; your kid watches the balance.
Why tracking the allowance matters
An allowance only teaches if a kid can see it. When money arrives as loose cash or a vague promise, most kids can’t say how much they have, so every purchase feels free until the money is suddenly gone. A running balance turns that into something they can reason about: “I have $14, the game costs $20, so I need three more weeks.”
Tracking also keeps the arrangement fair. Allowance disputes are usually memory disputes: whether the money for the last two weeks was paid, whether the $5 for the movie counted. A shared record with dates settles those in seconds and takes you out of the role of the bank teller nobody trusts.
Finally, a tracker makes the slower lessons possible. Saving toward a goal, splitting money between spending, saving and giving, and watching interest add up only work when the numbers are written down week after week. Start simple with one balance and a weekly amount, then add jars, goals or interest as your kid is ready.
Ways to track allowance, compared
You don’t need an app to track allowance. Here is an honest look at the options.
| Option | Good at | Falls short |
|---|---|---|
| Spreadsheet | Free, flexible, and fine if you are disciplined about updating it. | Nothing pays automatically, kids rarely look at it, and it lives on one parent’s computer. |
| Printable chart | Physical and visible on the fridge, which young kids like. | Hard to keep balances right over months, and no savings goals or interest. |
| Basic tracker app | Keeps a balance and a history on your phone. | Usually parent-only, with no chores, jars, goals or a view for the kid. |
| KidCash | Automatic allowance, jars, chores, goals and interest, with a view your kid can open themselves. | More than you need if all you want is a single running total. |
Prefer paper? Our free printables include a chore chart and a savings goal tracker.
What’s free and what’s paid
Free
1 kid, forever
- Balance tracking and transaction history
- Recurring allowance with chore gating
- Chores, savings goals, interest and giving
- Money School basics
Family plan
Up to 3 kids, $99/year or $9.99/month on the web
- Allowance, chores and savings for every kid
- Printable QR bills kids scan to get paid
- KidCash Universe: 16 mini-games and badges
- Apple Watch, TV and Vision apps
- Siri Shortcuts and the Alexa skill
- Data export, import and backups
- Priority support
Full details on the pricing page.
Allowance tracker FAQ
Is there a free allowance tracker?
Yes. KidCash is free for one kid, with balance tracking, transaction history, recurring allowance, chores and savings goals. Paid plans add more kids and extras.
Does KidCash give my kid a debit card or hold real money?
No. KidCash is a tracker. Money stays with you, in your wallet or your own bank, and KidCash keeps the record. There is no card to order and no bank account to connect.
Can my kid see their own balance?
Yes. Every kid gets their own profile page showing their balance, jars and savings goals, so they can check without asking you.
How is this better than a spreadsheet?
A spreadsheet only knows what you type into it. KidCash pays allowance on schedule, splits it into Spend, Save and Give, tracks chores and goals, and gives your kid a page of their own to check.
Does it work on iPhone and Android?
Yes. KidCash has apps for iPhone and Android and also works in any web browser, with the same account everywhere.
What age should a kid start using an allowance tracker?
Around five, once a kid can count and understands that money is traded for things. Younger kids do best with a small weekly amount and one balance; jars, goals and interest can come later as they get the idea.
How much allowance should I track?
A common rule of thumb is about $1 per week per year of age, adjusted for what the allowance has to cover. Our allowance-by-age pages and calculator give a specific number.