Piggy Bank Allowance - Bomad vs Monefy - Budget & Expenses app Usage & Stats
Bomad - short for Bank of Mom and Dad - teaches kids good money habits by letting parents run a virtual piggy bank for their children. It helps parents track allowances and pocket money too.
The tracker works like this:
You create a virtual bank account for them using the parent app on your phone, which they can track in the child app on their tablet, phone or other device (similar to rooster money & gimi)
Then you set the app to add an allowance or pocket money 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 you track it by adding 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, like bankaroo
So the account balance is just what you owe your child, tracked by the app
Your child gets notifications for all transactions, including when their allowance or pocket money arrives
They can easily see how much they have in the app, and track what their money and allowance was spent on
By keeping track of it, your child really begins to understand money. Giving them an allowance or pocket money, however small, teaches them to budget and save (weekly allowances are best, especially for younger kids).
They stop nagging for stuff every time you're at the mall. They start thinking more about the future (e.g. how many more allowances will it take to reach a certain goal), and - with your guiding hand - they start making better spending and budgeting decisions.
Bomad has many other cool features too: kids can track their progress toward savings 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. You can also split the allowance or pocket money between different accounts (spending, saving, giving, etc.)
Bomad is more than an allowance tracker, it teaches kids better money habits, while making tracking money and allowances a breeze for parents.
- Google Play Store
- Free
- Parenting
Usage Rank
- -
How do you manage your budget and watch every dollar? With Monefy, your financial organizer and finance tracker, it’s simple. Each time you buy a coffee, pay a bill, or make a daily purchase, you only need to add each expense you have — that's it! Just add new records each time you make a purchase. It’s done in one click, so you don’t need to fill anything except the amount. Tracking daily purchases, bills, and everything else you spend money on has never been so quick and enjoyable with this money manager.
How do you track your personal expenses successfully? What about your personal capital?
Let's face it — saving money in today's world is not easy. You need a budget. Luckily, Monefy is more than a money tracker, it's also one of the best savings apps to help you with money management. Keep track of your personal expenses and compare them to your monthly income with the budget planner. Keep your monthly budget in mint condition. Your new budgeting app will help you become a budgeting master and start saving money with Monefy.
Do you own multiple mobile devices? Maybe you want to share budget and expense tracking with a significant other. Monefy helps by safely synchronizing data between multiple devices. Create or change records, add new categories or delete old ones, and the changes will be made on other devices right away!
Key features which make tracking enjoyable and powerful:
- Add new records quickly with the intuitive and easy-to-use interface
- See your spending distribution on an easy-to-read chart, or get detailed information from the records list
- Safely synchronize using your own Google Drive or Dropbox account
- Take control of recurring payments
- Track in multi-currencies
- Access your spending tracker easily with handy widgets
- Manage custom or default categories
- Backup and export personal finance data in one click
- Save money with budget tracker
- Stay secure with passcode protection
- Use multiple accounts
- Crunch numbers with the built-in calculator
Our mission is to empower people to be in control of their lives by bringing awareness of their finances.
Find more information on our website - https://monefy.com
- Google Play Store
- Free
- Finance
Usage Rank
#7,628
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Piggy Bank Allowance - Bomad VS. Monefy - Budget & Expenses appApril 19, 2026