PennyPod equips parents to show their kids the power of compound interest. Kids deposit their allowance or lemonade stand money. The parent sets an interest rate and PennyPod's virtual ledger between parent and child posts interest automatically. No spreadsheets or forgetting. Kid-friendly visualizations showing long term growth potential and how much interest the child has earned make interest compounding more tangible. Free for 1 kid with one time multi-kid upgrade.
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Maker
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I'm a first time solo developer and parent. After trying other savings methods with our oldest, I realized the abstract concept of compound interest wasn't clicking and decided to build a more engaging money teaching and tracking tool for parents to use with their kids.