PennyOwl Allowance is an award-wining, mobile-first financial education platform designed for parents with children aged 8-12 years. PennyOwl ensures kids develop good money skills from a very young age, teaching them how to earn money and to save money for the future. It is the first comprehensive 'go-to app' for parents that makes it easier to manage and track allowances - educating parents as much as kids! PennyOwl is also COPPA Compliant (Children's Online Privacy Protection Act).
Uniquely, PennyOwl blends financial education content with the real money experience of allowances, ensuring children develop good financial habits earlier. This 'blended learning' approach outside the classroom has proven very popular, and PennyOwl is the top-rated allowance manager app (for android) with 4.4 stars. Early family reviews demonstrate its success at teaching kids new money skills, and in January it was awarded Education App of the Year 2017 by Educents.
PennyOwl is dedicated to making financial education accessible to millions of families to ensure the next generation graduate financially smart, secure and independent. Exciting new features including charity gifting and extended family participation are slated for later this year.