What is Bomad kids money tracker app?
Bomad is a virtual piggy bank and allowance tracker app. It teaches kids financial literacy and helps parents keep track of pocket money for kids. Schedule allowances and set savings goals. Become your child's money mentor and private banker!
Problem
Parents manually track kids' allowances and expenses using cash or spreadsheets, leading to inconsistent financial education and difficulty monitoring spending.
Solution
A mobile app where parents can schedule allowances, set savings goals, and deduct purchases in real-time. Teaches financial literacy through virtual piggy bank features and automated tracking.
Customers
Parents with children aged 6–18, particularly those prioritizing financial literacy and seeking structured tools to manage allowances.
Unique Features
Combines real-world spending (parents pay for items) with virtual tracking in the app, acting as a 'private banker' for kids to simulate banking interactions.
User Comments
Simplifies allowance management
Kids love setting savings goals
Educational for entire family
Automated tracking reduces conflicts
Intuitive interface for all ages
Traction
Launched on ProductHunt with 300+ upvotes, featured in 20+ media outlets. Estimated 5,000+ downloads; pricing starts at $2.99/month.
Market Size
The global financial literacy education market is projected to reach $500 million by 2027 (Source: Research and Markets).
