Allowance Manager Offers Free Online Tool for Parents and Children to Track and Manage Kids’ Allowances

January 25, 2011

Provides an easy, reliable way to manage allowance to help kids develop essential money management skills.

San Diego, CA (PRWEB) January 24, 2011

Today we announced the launch of Allowance Manager, a free online tool that helps children develop essential money management skills by providing parents an easy, reliable way to manage giving an allowance.

Parents give children allowance to help develop key money management skills like saving, spending, and prioritizing goals. Today’s increasingly busy families, however, often diminish the potential benefits of allowance by missing a regular payment or neglecting to record a child’s financial activity.

Allowance Manager makes it easy for parents and kids to effectively manage allowances. By automatically crediting regular payments to an online allowance account and enabling parents to log expenditures, families can easily consult Allowance Manger through their Internet-connected devices to determine exactly how much a child has available and why.

“The last time I had a conversation with my nine and ten year old boys about how much allowance I owed them, I knew it was time to create a tool to track allowances online,” said Dan Meader, founder of Allowance Manager. “Now when we want to know how much the kids have, we just consult the nearest computer or mobile device. Enabling the boys to see a history of deposits and expenditures is helping them learn how to effectively manage their money.”

With Allowance Manager you can:

  •     Reward good behavior
  •     Record extra income
  •     Record monetary gifts
  •     Discourage misbehavior
  •     Record investments
  •     Record donations
  •     Record purchases
  •     Print chore charts

Allowance Manager is quickly becoming a parent’s favorite online tool. It has been extremely well received in the company’s pre-launch phase, seeing exciting growth in its user base. The company has plans to add many new features to be rolled out continually throughout the next year, including a mobile application.

About Allowance Manager

Allowance Manager is a free, online tool that helps kids develop money management skills while simplifying allowance administration for parents. Founded and operated by former software engineers and managers from Apple Inc (APPL) and Adobe Systems (ADBE) Inc, the company enables users to track and manage allowances in “The Cloud” using web-connected devices like personal computers, smart phones, and tablets. Through its printable chore charts and flexible, interactive allowance tracking system, Allowance Manager users experience efficient and reliable allowance management. To learn more about Allowance Manager please visit AllowanceManager.com

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/01/prweb4977194.htm

Source: prweb

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