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# Family-Friendly Money Apps
This App Helps Children Understand the Basics of Earning and Saving

By Katherine Pendrill | Published 2015-09-30 | Tech
Source: Trend Hunter, https://www.trendhunter.com/trends/earning-and-saving
References: [info.westpac.au](http://info.westpac.com.au/paypig/) & [itunes.apple](https://itunes.apple.com/us/app/paypig/id644095305?ls=1&mt=8)

'PayPig' is a family-friendly money app that helps children understand the basics of earning and saving. For many children, earning an allowance is a right of passage. This app is designed to help children learn how to manage their allowance in order to foster good habits.

The free app is designed as a tool parents can use to help children understand the basics of earning and saving. Parents can set goals and encourage children to do [basic tasks in order to earn](https://www.trendhunter.com/trends/rewardsters1) a small wage. Parents choose the reward for each chore and children are left with the responsibility of carrying out their designated tasks. The app provides an easy way for children to understand how earning money comes from hard work.

The app provides an excellent way for parents to introduce their children to a [weekly allowance](https://www.trendhunter.com/trends/little-learners-big-earners).

## Trend Insights (Trend Hunter)

- Score: 1.5/10
- Popularity: 19% | Activity: 19% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Gen Z, Gen Alpha
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile)

## Key Themes

### What Makes This Trend Stand Out

- **Financial Education for Children:** PayPig is an example of a family-friendly money app that teaches children about earning and saving.
- **Parental Involvement in Money Management:** The app encourages parents to set goals and rewards, actively involving them in their children's financial education.
- **Gamification of Money Concepts:** PayPig utilizes gamification elements to make learning about money more engaging for children.

### Sectors Adopting This

- **Edtech:** Family-friendly money apps like PayPig contribute to the growing market of educational technology for children.
- **Personal Finance:** The app's focus on money management and saving highlights the importance of personal finance in households.
- **Mobile Apps:** PayPig is an example of innovative mobile app development aiming to target younger audiences for financial education.

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