Pocket Money Tracker - Bomad

Kids earn weekly pocket money. This way I know that one that’s always asking/negotiating isn’t getting special treatment;) Plus the boys can see the actual amounts with me having to hastle with cash all the time and they can easily track what we ‘owe’ them alongside what they have in their drawers. And hopefully actually seeing their gaming/robux expenses in one place will encourage them to spend more wisely. (Some Roblox games really are great but many are so clearly just trying to get kids to effectively gamble it’s cruel, want them to learn and make their own decisions but it’s so painful to see how easily they can lose all their money on the chance to change their character or whatever)

This app is so useful. Before it was impossible to keep track of how much money my kids had left after their various purchases. Now there can be no arguments.

Love this app. Now we can keep track of all the money the kids spend and save and teach them about working with money. So convenient to be able to split money into day to day and savings accounts. Definitely worth downloading and so easy to use!

This App has revolutionized the way our family deals with pocket money allowing for flexibility for both parents and children. Children get to practice financial control through moving money to ‘savings’ accounts or for payments etc. We as parents are able to instantly add money to reward good deeds and or subtract money as a consequence for misdeeds. It is great for shopping. The child can instantly see what their balance is and if purchase is agreed the parent can instantly remove money from the pocket money account to recover costs for the child’s purchase on their card. Would highly recommend for all families using a pocket money system.

W in the chat

I have tried about ten allowance tracking apps, and I gave up on all of them and eventually tracked in a spreadsheet. I also refuse to pay a monthly fee to use an app—I’m trying to teach my children responsible money practices here, and forgetting about yet another monthly subscription is irresponsible imo (Bomad is free but I would gladly pay a one-time payment). All this to say Bomad is everything: beautiful design, simple to use, accommodates reoccurring payments and debits, does not complicate and gamify children’s chores and allowances. Thank you to the lovely developer who also provides helpful tips via newsletter on using the app and creating responsible money practices for our children.

Bomad is great if you want a simple allowance and spend tracker for your children. It’s easy and quick to add or revise entries, allows for money to be split into different goals (ex. Allowance, Charity, Gifts), and has a reoccurring setting for repeat expenses like weekly allowance or monthly subscriptions. It also helps that the app works well on both iPhone and iPad. Plus the app is free!!!

I've been searching for an app to manage allowances and keep track of pocket money with my kids. It's great to have the option to get both parents involved, and it's a fantastic way for kids to learn about money through practical experience. The kids love it. There's no more guessing how much of the allowance is left, and it encourages them to set savings goals - a fantastic feature. Parents can also set a recurring payment schedule for an allowance which is super convenient. Awesome app.

My dad used to track my brother and my money on a spreadsheet, but I never really understood how it worked. Now with Bomad it's much easier, and I get notifications on my iPad too.

My dad used to track allowances and money for me using a spreadsheet. The trouble was he used to take forever to update it, and it wasn’t easy for me to know what’s going on. Now I get instant notifications on my iPad whenever he adds or deducts money. Much better!