When it comes to money management, financial literacy-boosting tools are making it easier than ever for consumers to understand how to sort out their finances. Not only are these apps and services helping tech-savvy young millennials keep track of their spending, but these tools are also helping young children and older adults learn the ins and outs of money management.
As young children are increasingly introduced to technology at an early age, digital platforms are becoming one of the best ways to teach kids about money management. Some of these tools consist of apps that turn the concept of saving and spending into a fun and interactive game. There are also physical products such as the ERNIT piggy bank, which give children a hands-on way to understand finance.
Of course, not everyone learns how to manage their money at an early age. One group in particular that is turning to financial literacy-boosting apps is millennials who already rely on smart technology to perform many other daily tasks. Some of these millennial-targeted finance tools include video-based workshops created by Khan Academy and the Bank of America, AI money managers that anticipate each user's needs and text-powered saving platforms that help users reign in their spending.
32 Financial Literacy-Boosting Tools
From Educational Piggy Banks to Millennial Investment Guides:
Katherine Pendrill — Oct 4, 2016 — Tech
31
Millennial Money-Managing Apps
Finance Coach Penny Uses Easy to Understand Emojis and Graphs
30
Millennial Banking Apps
The Neat App for Budgeting Teaches Young People Financial Literacy
29
Millennial Financial Literacy Cafes
You Can Get Financial Advice Services Over Coffee and Wine
28
Gamified Finance Apps
'Pocket Change USA' Teaches Financial Literacy with Interactive Challenges
27
Chatbot Finance Apps
'Abe' Offers Finance Tracking Capabilities Through Real-Time Chat
26
Organizational Credit Card Apps
Birch Finance Helps Consumers Keep Track of Their Digital Capital
25
Educational Piggy Banks
This Smart Piggy Bank Teaches Children How to Save Their Money
24
Gamified Money-Saving Apps
This App Teaches Young Children About Financial Literacy
23
AI Money Managers
The Cleo App Consists of an AI Assistant for Matters of Personal Finance
22
Parent-Approved Allowance Apps
The iAllowance Personal Finance App is Made for Tweens and Teens
21
Investing Insight Apps
The Motley Fool App Empowers You to Make Smarter Financial Decisions
20
Millennial Money-Lending Apps
Lenny is a Mobile-First App to Help Users Boost Their Credit Scores
19
Simple Finance-Advising Apps
The Albert App Offers Free Financial Advice You Can Act On Right Away
18
Kid-Friendly Banking Apps
This App Allows Parents to Monitor a Child's Spending Habits
17
Smart Banking Bots
Kasisto's Personal Finance Bots Use Conversational AI That's Truly Intelligent
16
Educational Digital Kiddie Banks
Bankaroo is an Education-Focused Virtual Bank for Kids
15
Kids Financial Literacy Games
'Learning Money with Leo' by RBC Aims to Educate Kids on Money
14
Female-Focused Finance Apps
'Pinkfolio' is a Personal Wealth App Targeted at Women
13
Financial Literacy Education
The Bank of America and Khan Academy Will Teach Better Money Habits
12
Artificially Intelligent Financial Advisors
This Program Helps Users Devise a Financial Strategy
11
Bee Farming Finance Apps
This Finance Game for Kids Provides Monetary Lessons
10
Child Crowdfunding Platforms
Sow Plants Seeds When It Comes to Financial Literacy For Kids
9
Monetary Advice Texting Platforms
NextGenVest's Financial Aid Service Helps Students Navigate Debt
8
Text-Powered Savings Platforms
Dyme Helps Users Save Up for Long and Short-Term Goals
7
Wearable Finance Apps
The Moven Smartwatch App Uses Behavioral Tricks to Reign In Your Spending
6
Customized Finance Apps
This App Provides Users with Updates About Their Finances in Real Time
5
Kid-Friendly Finance Platforms
'Rich Kid Smart Kid' Teaches Youth About Money Management
4
Personalized Financial Services
This Website Offers Free Credit Scores and Finance Recommendations
3
Financial Literacy PSAs
This Ad from the Canadian Financial Literacy Database is a Warning
2
Gamified Payment Apps
This App Changes the Concept of Collections by Educating Consumers
1
Millennial Investment Guides
The 'Ytrader' Platform Teaches Millennials How to Invest and Save
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Credit-Consolidating Finance Apps
The 'StellarFi' App Pays Your Bills & Boosts Your Credit
Disruptive AI-Finance Chatbots
Origin Financial Wins Big with AI Chatbot for Everyday Finance
Discount Retailer Mobile Apps
Family Dollar Debuted a New Mobile Shopping App for Customers
Playful Entrepreneurial Metaverses
e.l.f. UP! on Roblox Helps Gen Z & Gen Alpha Build Skills
AI-Fueled Finance Apps
The 'Finn' App Can Provide Accurate Responses to Complex Queries
Credit Score Dating Apps
The Score Dating App Requires Users to Have a 675 Credit Score
Free Content Creation Platforms
'Piggy' Raised $7.7 Million to Launch its Platform on ProductHunt
AI-Powered Budgeting Apps
Cleo Helps Gen Z Get Their Finances in Order with Roast & Hype Modes
Lifestyle Activity Tracking Apps
The 'Timeline It' App Tracks Virtually Any Activity or Event
Africa-Focused Digital Wallets
Abba Payments Debuts a Digital Wallet Service for African Consumers
Kids' Money Management Books
'The Adventures of Ca$hman & Supersaver' Promotes Financial Awareness
Monetizable Mobile Gaming Apps
'Playbite' Enables Players to Win Gift Cards and Prizes
Financial Literacy Board Games
Chime Launches a Gamified Financial Literacy Initiative
AI-Powered Learning Features
Quizlet's AI-Powered Tools Transform Student Learning
Digital Currency Piggy Banks
This 'Smart Piggy' Bank Concept Upgrades a Classic
Financial Coloring Books
Chime Boasts Activities for Financial Progress Month
AI-Powered Financial Advisors
PortfolioPilot uses AI to Analyze Individuals' Economic Profiles
AI-Enabled Stock Trading Apps
'Lendal Copy' Takes a Fully Automated Approach to Trading and More
Daily Motivation Apps
'Motivation' is an Empowering App Helping People Make the Most of Their Days
Digital Wellness Inniaitives
Pinterest Focuses on the Digital Well-being of Gen Z
AI-Powered Fintech Tools
Square Introduces Ten New Generative AI Features for Content Creation
AI Self-Improvement Apps
LeapLife Uses Journaling and Other Features to Reduce Stress
Personalized Brain-Training Apps
Elevate Helps Boost Productivity and Builds Confidence
Multi-Use Non-Payment Wallets
Google Wallet India Unveils an Expansion for Non-Payment Services
AI-Powered Finance Trackers
TotallyMoney and Bud Financial Launch an AI-Powered Payments Tracker
Storybook Recipe Experiences
The Magical Pantry Brings Recipes to Life Through Fables
Financial Support Apps
'Cleo' is Helping Gen Z Feel More Confident About Money
Hyper-Personalized Wellness Apps
28 Seeks to Empower Women on Their Wellness Journey
Investment Intelligence Platforms
TIFIN Shares Data Analysis for Better Investing Decisions
Privacy-Focused Budgeting Apps
The 'Apollo' Personal Finance App Streamlines Money Tracking
Career-Accelerating Learning Platforms
ELVTR Empowers Lifetime Learners Through Expert-Led Courses
GenAI Bedtime Stories
SmartDreams Uses AI to Help Kids Craft Their Own Stories
AI-Powered Wealth Management Platforms
Era's AI Wealth Platform Secures $3.1M Seed Funding
Social Shopping Apps
Locker Helps Users Organize, Share, and Earn from Online Wishlists.
Elevated Health Rewards Apps
MassMutual Debuts a Rewards-Focused Wellness App Called LivingWell
Comprehensive Math-Learning Experiences
Math Learner Uses Games to Make Math Fun for Young Kids
Personalized AI Finance Tools
'Tendi AI' is a Personalized Tool Developed by Finance Experts
Stress Reduction Finance Apps
The 'MoneyCoach' App Takes the Anxiety Out of Money Management
Finance-Managing AI Assistants
'Intuit Assist' is a Scalable AI Financial Assistant for Companies
Gen Z Budgeting Platforms
Buddy and Klarna Teamed Up to Support Gen Z Financial Health
Rewarding Money Apps
Shakepay Has an Innovative Reward System for Digital Currencies
Free AI-Powered Budgeting Apps
'Wilbur' Helps Adults Get their Financials Back on Track
AI Financial Wellness Apps
'AI FinCheck' from Yodlee Guides Users Toward Financial Goals
Digital Loyalty Customer Cards
Passkit Makes Loyalty Cards for Apple and Google Wallet
Personalized Financial Assistants
The Monarch AI Assistant is a Dedicated Financial Coach
Comforting Financial Pop-Ups
Experian's Credit Paws Café is a Place to Chat About Money Worries
Digitized Life Goal Apps
Buckit Breaks Down Life Aspirations Into Achievable Goals
Social Media-Like Study Apps
SHARPEN Aims to Be Just as Engaging and Convenient as Social Media
Financial Firm Travel Apps
Citi Partners with Booking.com and Rocket Travel to Launch Citi Travel
Digital Literacy Programs
Two Parkland Students Launch CLEO to Empower Seniors with Technology
Gamified Nighttime Reading
StoryMate Let's Parents Set Reading Goals for Their Children
Car-Identifying Apps
Scout Helps Enthusiasts Identify a Vehicle
Thought-Provoking Social Apps
Skaldic is an App for Curious Minds
AI-Driven Financial Education Games
Money Smarts Unveils AI Financial Game on Indiegogo
Cutting-Edge Mental Health Apps
Gen Z Can Find Trusted Mental Health Information with Diall
AI Financial Education Games
Go Boldly Empowers Players with Financial Tools and Tips
Educational Book Summary Apps
Bookster Let's People Understand Books in Just 15 Minutes a Day
Realistic Language Learning Apps
The 'Kasti' App Lets Users Add Words They'll Use Everyday
AI-Powered Digital Diary Apps
'ChartMyLife.ai' Transforms Notes into Structured Diary Entries
Account-Managing Finance Features
Entrust Launches a New Digital Account Opening Solution
Freelance Payment Platforms
Revolt Launches New Finance App Dedicated to Self-Employed Workers
Social Reading Apps
Fable is a Social App for Readers That Goes Beyond Book Clubs
Effective Retirement Calculators
Finabled Retirement Calculator Helps People Manage Their Finances
Employee-Focused Finance Programs
Claro Money Launches a Financial Wellbeing Package for Employees
Visual Payment Apps
Vizme Turns the Experience of Sending or Spending Money Into Stories
Millennial Homeowner Hubs
The Home Depot's New Homeowners Hub Equips Millennials with Resources
Comprehensive Finance Management Apps
Coop Launches a New Super App with Embedded Finance
Personalized AI Learning Tools
From Interactive Quizzes to AI Summaries, Earnie is a Learning Tool
Experiential Gift Registries
Nabu is a Gift Registry Platform to Give Kids Memorable Experiences
Gen Z Advertising Tools
YouTube Launches a New Music Tool to Connect Advertisers with Gen Z
Simplified Investment Platforms
R'ket Helps Younger Generations Make Investment Decisions
Immigrant-Supporting AI Finance Apps
Lola4i is Leap Financial's AI Tool for Immigrant Support
Personalized Bed Time Reading
BlissFable Lets Kids Be the Protagonists of Their Own Stories
AI Personal Finance Managers
Blahget is a Voice-Based AI Expense Tracker Foe Everyone
Inspirational Learning Management Tools
'Get Inspired' Offers Digestible Snippets of Content
Smartphone Distraction-Curbing Apps
The 'Lemio' App Combats Against Smartphone Addiction
Inclusive Children's Apps
Pok Pok Offers Culturally-Specific Content for Global Audiences
Teen-Targeted Investment Apps
The 'Bloom' App Helps Users to Build Longterm Wealth
Family-Focused Credit Cards
The Greenlight Family Cash MasterCard Helps Families Build Credit
AI Book Clubs
LillyPad.ai's Open Book Enhances Reading Comprehension & Discussions
Personalized Child Education Apps
Sandbox Group Launches the PlayKids+ Application for Ages 2-12
Global Money-Transferring Apps
HSBC Unveils its Inclusive 'Zing' App and Debit Card in the UK
Book Collection Valuation App
BookBoss Digitizes your Collection and Tells you Its Worth
Emotional Awareness Apps
Crown Institute Debuts an Emotional Learning App Inspired by Inside Out
Gamified Budgeting Apps
Bread Budgeting Makes Budgeting Fun By Integrating Challenges
Gen Z-Targeted Credit-Building Tools
Austin Capital Bank Launches the Freekck Credit Builder
Social Media-Limiting Apps
Elqi Intervenes with Meditation to Limit Social Media Time
Delightful Recurring Payment Apps
The 'm0nthly' App Offers Mindful Money Management
Teen-Targeted Banking Features
Verizon Launches 'Family Money' For Gen Z and Gen Alpha Bankers
Social Trip-Planning Apps
TripMap Makes Trip Planning Easier with Expense Tracking and More
Financial Literacy Platforms
Secret U Supports Gen Z Women with Free Tools for Financial Success
Home Decor Apps
Pottery Barn Kids and Pottery Barn Teen Launch Mobile Apps for E-Commerce Sales
Gamified Children's Productivity Apps
Kangaroutine Helps Kids Who Struggle with Routines
Subscription Service Management Platforms
The 'Subly' Platform Keeps Information in One Spot
Gen Z Debit Cards
Venmo is Introducing a Teen Account & Debit Card for Gen Z
Omni-Education Learning Apps
The 'Bytesized' App Offers Quick Educational Lessons Anytime
AI Tax Season Tools
Expense Badger Streamlines Financial Management For Taxes and Beyond
Affordable BNPL Programs
Apple Introduces the Apple Pay Later Program to US Market
Smart Life-Planning Apps
Last Plannr is More Than a Traditional To-Do List
Earnings-Based Relationship Calculator
Fair Share Calculator Splits Finances Based on Income
African Digital Wallet Platforms
Union54 Launches a New Social Commerce Platform Called ChitChat
Retirement Finance Apps
Udeshi Financial Unveils P.R.I.D.E. Framework for Those in Retirement
AI Boomer Mentor Programs
Eldera is Connecting Baby Boomers with Kids Who Need Mentors
Multi-Asset Fund Investments
Monzo Unveils a New Investment Feature for UK Customers
Global Money-Managing Apps
Zing Empowers Users to Send Money Internationally, Worry-Free
Parental Gift Generators
The Parent Present Gift Generator Supports Gen Z & Millennial Shoppers
Democratized Financial Service Tools
Plaid Aims to Make Financial Services More Accessible
Integrated Business Banking Tools
PennyFlo Streamlines Financial Management for Businesses
Teen-Focused Prepaid Cards
Teen and Tween Prepaid Card App Savii Launches in the UAE
Real-Time Reading Practice Tools
Google's Practice Badge Helps Kids with Pronunciation
Digital Wellness-Promoting Apps
AARP Now is a Convenient Membership App for AARP Cardholders
App-Based Employee Payments
Instant Financial Automates Access to Employee Wages with New App
AI Investment Assistants
FinPal Helps people Make the Right Financial Decisions Through AI
Reward-Based Empowerment Platforms
Learn It Live Launches the Learn, Earn, and Win Program
Crypto Education Programs
Onramp Academy Teaches Financial Advisors Cryptoasset Fundamentals
Complementary Financial Literacy Courses
Walmart & Khan Academy Offer Free, World-Class Education
Digital Age-Diverse Platforms
Growing with Age is a Platform for Sustaining Age-Diverse Workforces
Low-Cost Financial Management Services
Domain Money Greatly Reduces the Cost to Manage Money
Workplace Financial Wellness Tools
BrightPlan Launches Workplace Financial Wellness Tool
Kid-Friendly Financial Support Apps
Goaly Offers Financial Lessons for Kids and Their Parents
Motivational Goal-Tracking Apps
Disciplined Helps Users Track Their Progress and Stay Motivated
Minimalist Money Management Spreadsheets
The Expense App Let's you Upload Receipts and Documents
Immersive Language-Learning Tools
PrettyPolly Immerses Speakers in Language on Day One
Quote-Managing Book Tools
Quotely Let's Avid Readers Scan and Save Quotes for Future Reference
Math-Focused Learning Apps
Duolingo's New Math Resource, 'Duolingo Math' Debuts on the App Store
Digital Wishlist Organizers
My Wish Vault Houses Wishlists in One Place
Community Borrowing Apps
Borrow Encourages Neighbours to Interact and Share
Versatile Marketing Toolkits
Looper Insights Releases a Digital Marketing Insights Tool
Empowering Financial Management Apps
Windfall Makes Money Tracking and Management Easy
Business E-Money Services
Greengage Debuts a E-Money Service for Businesses to Handle Money Easily
Friendship-Focused Finance Agreements
'Friends Over Money' Let's You Make Agreements with Friends
Credit-Boosting Rental Payments
Bloom Credit Unveils Credit-Building Tool for Renter Payment Data
High-Interest Tech Savings Accounts
The Apple Card Savings Account Offers Instant Access to Yields
Playful Investing Tools
Wait For Wealth is a Tool For Practicing Investing
Group Expense Tracking
Paymeback.lol Does the Math So All Expenses are Even
Retirement Savings Accounts
Robinhood Pivots to a More Comprehensive Service Plan
Africa-Focused Finance Apps
Orange Launches the New Super-App 'Max It' for African Markets
Digital Cash Payment Systems
Apple Cash is Planning to Offer a Virtual Card Number in Update
Digital Commercial Payment Apps
Mastercard Unveils the Mobile Virtual Card App for Businesses
Library Card-Supported Book Access
Libby Simplifies Magazine Access for Library Card Holders