The Bank of Mom & Dad

The easiest way to manage your kids' allowances and teach smart money habits — with simulated compound interest they can watch grow.

Get Started Free
weekly

Emma

$142.50
5.0%
monthly

Liam

$87.25
3.0%
weekly

Olivia

$215.00
4.0%

Every penny, tracked

Deposits, withdrawals, and interest — all in one ledger. Kids see exactly where their money goes.

Transaction Ledger
DateEventAmountBalance
Feb 15 Allowance+$10.00$152.50
Feb 14 Interest+$1.37$142.50
Feb 10 Toy Store-$8.00$141.13
Feb 7 Allowance+$10.00$149.13
Feb 3 Chores+$5.00$139.13
Current Balance
$142.50
Auto-Compounding
5.0% APY
Compounded weekly
Next payment in 3 days
Check & Pay Interest

Watch their money grow

Set a custom interest rate and compounding period. Penny calculates compound interest automatically — teaching the same concepts real banks use.

Simple for parents

One-click Google sign-in. Create accounts in seconds. Post deposits and withdrawals from your phone in under 5 seconds.

Quick Entry

Deposit
Withdrawal
10.00
Allowance
Note (optional)
Post deposit

Start your family's first penny account

Get Started Free

Free forever. No credit card required.