Chore Scout

Helping kids and parents have conversations about money

Chore Scout is a mobile banking app, integrated into your core platform for account acquisition and transacting that allows Parents and their kids to interact around money, savings, and allowances. Designed to create opportunities for parents and children to communicate about money.
iPad
iPhone

Helping kids and parents have conversations about money

Chore Scout is a mobile banking app, integrated into your core platform for account acquisition and transacting that allows Parents and their kids to interact around money, savings, and allowances. Designed to create opportunities for parents and children to communicate about money.

Chore Scout is a pair of apps - Parent and Child

Allow kids to:

  •  Set savings goals
  •  Perform chores to get their pocket money/allowance
  •  Make decisions as to how much of their allowance to save vs. spend
  • Track progress to their goals

Allow Parents to:

  •  Add Children and their bank accounts
  •  Set chores to be completed in exchange for pocket money/allowance
  • Review chore completion, accept and reject
  • Make payment of allowances

The Chore Scout Challenge - look familiar?

Getting everyone to pitch in while learning about money!

Chore Scout takes on this challenge by helping children learn about money and become financially empowered when they grow up by embedding this into everyday actions. We know that repetition is the mother of skill, so let’s do that; skilling our children in the value of money and value exchange in the things they do every day and in the meantime resolving the problem of lost stickers and board ticks.

New Customers

Acquiring new customers is tough. You spend time creating and offering great banking services but your potential customers are simply unaware of them. With Chore Scout current customers such as parents and grandparents will be used to acquire their children as customers.

Gamification

Through the application of game design and game mechanics to real world context Chore Scout opens up the world of banking to children from a young age.

Financial Literacy

Winning financially is hard work and teaching people about simple money management from an early age is the first step. Chore Scout makes this a possibility, setting children up to be financially empowered and make good financial decisions in the future.

Real Money

In a time of credit cards and internet banking children rarely see the exchange of physical money like notes and coins. Not seeing money exchanged for purchases has the potential for money to be seen as an abstract or unlimited resource. Chore Scout dispels this notion, as children will see the link between chore completion and financial reward.

Helping Your Customers Win

Chore Scout allows kids to develop good financial skills from an early age so that they’ll be ready for the financial challenges of adulthood. Teaching children the basics of how to budget, spend and save will establish good money habits in the future and position them to be great customers of the bank. Being able to manage money will make your customers win, and if your customers win, you win.

Download on theApp Store

Chore Scout Introduction

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Financial Journey

Where are your children on their financial journey ?