Allowance tracker: Bomad 4+

Easily manage kids money

Graeme Pyle

Designed for iPad

    • 5.0 • 41 Ratings
    • Free
    • Offers In-App Purchases

Screenshots

Description

Quick and simple: you pay for items kids buy, then deduct in the app. Schedule allowances and set savings goals. Become your child's money mentor and private banker!

Bomad - short for Bank of Mom and Dad - teaches kids about money by letting parents run a private bank for their children.

It works like this:

You create a virtual bank account for them using the parent app on your phone, which they can see in the child app on their iPad, phone or other device

Then you set the app to add an allowance weekly, or when they get birthday money or cash from the tooth fairy, they give it to you and you keep the money as your own, but add it to their balance in the app

When your child wants to spend, you pay or give them cash, and deduct it in the app

So the account balance is just what you owe your child

Your child gets notifications for all transactions

They can easily see how much they have in the app, and what their money was spent on

So your child really begins to understand money

They stop nagging for stuff every time you're at the mall. They start thinking more about the future, and - with your guiding hand - they start making better spending and budgeting decisions.

Bomad has many other cool features too: kids can save for goals and get paid for doing chores. Older kids can claim expenses and request money transfers to real bank accounts so they can spend on debit cards.


Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Privacy Policy: https://bomad.app/privacy-policy

What’s New

Version 2.0.128

Fixed bug that caused push notifications to stop working

Ratings and Reviews

5.0 out of 5
41 Ratings

41 Ratings

PeteHart ,

This Is The Best Piggy Bank App In The App Store!!!

I've been managing my kids "money-bank" on Notes on my iPhone for some time. I always knew there was likely an app or better way to manage, but for some reason I just never took the time to explore my options.

My son mowed our lawn and I forgot to update his balance in Notes. He was quick to remind me last night, and so I decided enough was enough. Your app is a PERFECT solution. Simple, clean, and free. I don't need the premium features yet as my kids are still young, but I can see how we could quickly grow into the premium subscription. Thanks for your brilliant solution. It seriously takes a load off my plate!!! Keep up the good work

Developer Response ,

Thanks Pete, I really appreciate the review, it made my evening 🙂

AW334455 ,

Perfect for our family

This app is perfect for our family to keep track of our child’s money from allowance and earnings. Most other apps are focused on $ earned from chores. Since we don’t attach $ to chores at our house this made keeping track more difficult. I love not having to remember whether allowance was given! Our kids are also learning about saving little by little - a great learning! Thanks BOMAD!

Developer Response ,

Thanks very much :-)

caustic13115 ,

Much better than my dad’s old spreadsheet tracker

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!

Developer Response ,

Thanks! Glad to hear that your Dad has embraced a more modern approach 😉

App Privacy

The developer, Graeme Pyle, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Contact Info
  • Identifiers

Privacy practices may vary, for example, based on the features you use or your age. Learn More

Supports

  • Family Sharing

    Some in‑app purchases, including subscriptions, may be shareable with your family group when Family Sharing is enabled.

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