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Give Kids Selective Control Over Money Transfers With This Checklist Hack

Move Money Between Spending And Savings

FamZoo always puts parents in charge of moving money between the family’s prepaid card accounts. Kids can initiate money requests for subsequent parent approval and execution, but they can’t perform transfers themselves. That’d be just a bit too risky.

But, sometimes parents want to entrust their kids with the authority to perform some very specific transfers: like moving money from spending to saving, or even vice versa for older kids.

We don’t have an elegant solution for this just yet, but we do have an inelegant hack that might fit your needs. It takes advantage of the reward/penalty capability of FamZoo’s checklists.

Here’s how it works.