Acorns Early
Grow kids’ money skills
Allowance and chores
Help kids learn the value of money
Send your kids a weekly allowance, or pay them to complete chores around the house. Your kids will learn the value of earning, and it’ll increase their sense of independence at the same time.
Formerly GoHenry
Allowance on
auto-pilot
auto-pilot
There’s more to Acorns Early than a debit card. The Acorns Early smart money app features a built-in chores and allowance tracker, making day-to-day money management easy for both you and your kids.
Tap, tap, chores
Setting up chores and paying allowance is a breeze with the Acorns Early app. Here’s how it works.
Set chores and payment amounts
First things first, set chores in the Acorns Early app for your kids to complete (check out our suggestions on chores for kids
for inspiration). Then, set a payment amount for each chore.
Sit back and relax
Kids do their chores and you check on their work. If you’re happy with the results, you tick the chore off when it’s done.
Celebrate payday!
Once you’ve set an allowance schedule (e.g., once a week, twice a month), the Acorns Early app adds up how much your kids have earned through chores and automatically pays it out.
Built into Acorns Early
Allowance & chores app
Getting kids to do their chores couldn’t be easier. Just set up chores in the Acorns Early app, set a payment amount, and tick the chore off when it’s done!
Savings account for kids
Acorns Early makes saving a habit by putting your kids in charge. Kids can use their app to easily set savings goals with target dates and an optional autosave feature.
Parental controls
Get peace of mind with real-time notifications when your kids spend, set spending limits, and instantly block lost or stolen cards.
Financial literacy
Help your kids grow their money skills with bite-sized financial lessons for kids and teens of all ages.
Giftlinks and Relative accounts
Make birthdays and holidays easier on everyone by inviting friends and family to gift money to your kids.
Pricing
$5/mo for 1 kid
Get started
$10/mo for
2-4 kids
Get started
2-4 kids
Frequently asked
What is an allowance app?
Acorns Early is designed to help kids learn money skills and nurture their money confidence as they grow. An Acorns Early account includes a customizable debit card, app access, and a companion app for parents. This gives parents full transparency into your kid’s account, plus the ability to automatically pay allowance, assign chores, and more. You can even set spending limits and get real-time spend notifications for extra peace of mind.
Can an allowance app encourage kids to do chores?
Yes! We know that kids (and adults) respond to incentives, and Acorns Early makes it easy to reward kids for doing chores. Simply set your kids’ tasks in the app, then choose how much you’ll pay per task. Earning money for chores can increase a kid’s confidence and independence — plus they’ll learn the value of earning and how to manage their own finances. Not all families choose to pay their kid to do tasks, but a chores app like Acorns Early still offers a structured approach to empower your kid and gives them the satisfaction of ticking off completed tasks.
What are the benefits of giving kids chores?
Introducing your kid to household chores is a great way to teach them about responsibility and independence from a young age. Chores help kids improve their time management skills by developing a sense of routine. Plus, chores can help young people feel like they are contributing to their family. Paid tasks can also help get young people ready for the working world by teaching them about earning and money management.
How much is Acorns Early?
We charge one monthly subscription of just $5 per kid. For families with up to four kids, it's just $10 per month. You get access to all of the features of Acorns Early, including the kid's debit card, chore tracking, automatic allowance, parental controls, and more.
What age is Acorns Early for?
Acorns Early is for young people ages 6 to 18 and is designed to evolve with them as they grow. Teen accounts offer new features that support the next step on their financial journey. Teens can send and request money with parental oversight and young people with jobs also have the option to receive wages directly into their account via Direct Deposit.
