GOHENRY

Gohenry helps young people learn how to earn, save and spend responsibly. Combining web and mobile apps with a debit card with parental controls, the company gives 6 to 18-year-olds hands-on experience of managing money within a safe environment. Parents set rules and limits, can allocate pocket money automatically, or set tasks and chores for their children to earn extra money. They and the kids can see their earnings, spending, and saving on graphs. Children and teens can also use budgeting tools to set savings goals and track and filter spending by the retailer, size of spend, and category. It’s a way to give young people financial independence so they can learn by doing, but under a watchful eye and with no danger of debt.