School age (7–12 years)
The allowance that teaches patience and saving
Mateo (10) — Laura's family
Every Friday, 20 coins arrive automatically in Mateo's wallet. He decides: spend some this week, or save for later. Mid-month he has 450 coins; Laura adds 5 bonus coins for taking out the trash without being asked. When he wants a treat, he asks for a withdrawal — Laura approves it from the parent app and they talk about the real-money equivalent.
Key moment: The "aha" moment: coins arriving on Friday — and choosing to save some instead of spending them all.
Key features for this stage
| Feature | Why this age | Example setup |
|---|---|---|
| Scheduled allowance | Weekly school routine — Family plan | $2/week → 200 coins every Friday |
| Deposits & withdrawals | Bridge to real money from the parent app | 100 coins = $1 |
| Stars & warnings | Extra tasks on top of allowance | Bonus stars for chores |
Other age stages
Set allowance Friday — watch them save
FAQ
What allowance should I set?
Start with an amount that feels meaningful but not overwhelming. Many US families use $1–5/week mapped to 100–500 coins at a 100:$1 ratio. New scheduled allowance needs Family.
Does my child need their own device?
No. You manage everything from the parent app. Kid login on their own device is a Premium extra, not required.
What if they spend everything immediately?
That's part of learning. Weekly coins plus parent-approved withdrawals help kids practice saving versus spending.