NatWest Rooster Money

I was looking for an app that would help us keep track of how much money our two kids had to spend whilst at the same time allowing them to understand better the value of money. Kids get money all the time from family and friends and even more so for birthdays and Christmas and keeping track of how much they have is impossible because usually the money is passed to the parent for safe keeping. This is fine but you never know exactly how much they have. Now with this app all money they get goes into the app and we (the parents) hold the actual cash, then when they want something that is over and above what you as the parent should be buying it is taken out of their funds. This educates then into understanding the value of money and that it is not an infinite resource. My kids get a weekly pocket money top up and boosts by Mam and dad when they do good in school or with extra curricular activities. Best of all the accounts are linked so anyone with access to the account can see when money is added or removed. Best of all? It’s free.

This has really changed the dynamic in our household. Amazingly. My 12 year old saw ME as the source of pain for chores or getting/not getting her pocket money. Now she engages with THE APP instead and pushes herself to reach the goals that are set. I’m not the bad guy anymore and because she has clear rules to get her pocket money she actually does them (they were there before but she resented me for it). She also has goals and is keen to do the extra jobs I set to earn the extra money. Incredible and so helpful for me as a single mum trying to run a home with three girls. She even comes home and volunteers if she bought something in the school canteen that was outside of “allowed” so I can easily remove it from her account. So easy! My younger girls love seeing their accounts too. One of them is working towards an amount in her giving so she can fund a big gift for a charity (buying a chicken/cow/toilet twinning etc). Now she can easily see her progress and is carefully thinking about what to spend it on. Brilliant. Thankyou Rooster team!

Tracking the kids cash was a nightmare. First of all I’d forget to give them pocket money every week, then if they had birthday money sometimes they would give it to me for safekeeping, sometimes not, but the most difficult thing was that when we were at the shops and hadn’t planned to spend they didn’t know how much they had, we’d try to remember and end up buying it for them with the promise to be paid back, sometimes which was forgotten. It was just a minefield. From the kids perspective my son was a saver. Great. But my daughter (8) spent everything she had the second she had it on tat and then got upset when she couldn’t afford bigger things. So - rooster money.... pocket money goes in automatically each week. Never forgotten They both get extra boosts for homework on top which I can label as what homework it is so I can check if I think I’ve forgotten When all the money is gone the kids (mostly my daughter) can check their statement to see what they have spent it on When we are out shopping they know exactly what they have to spend and shop accordingly I can check the statement to see if we’ve taken out money for the things they have bought as we always label items with what they were spent on Oh - and my daughter now saves because she can see the money going up and set targets for things she wants. It’s simple but it works and has changed the way we and the kids handle money. Highly recommended app!

This app has changed our lives! It is so user friendly. We have struggled in the past to keep track of pocket money and have tried lots of different methods. Being able to set up a regular pocket money payment to our kids is fantastic and ensures we never forget. The app has also allowed us to ensure certain chores are completed in order to be awarded their pocket money. If they don’t complete them, we are given the option to award all, some or none of their money. In addition, they can earn extra pocket money by completing other chores. We have set up regular payments so the kids are aware of money that regularly comes out such as playing x box online. The kids regularly save for goals too. My older kids love to log on themselves and sign off chores and look at their progress. I cannot fault the app. It is brilliant and I highly recommend it to everybody I meet. Well worth the extra payment for the full benefits.

We’ve been using Rooster Money for just a few weeks but we love it - and so do our boys (7&5yrs). The app has captured their imagination and they have been willing to partake in activities to support our family unit in order to qualify for their weekly allowance understanding that we all have jobs to complete and a part to play. They have set goals - and actually decided to work together on one big goal to achieve it faster - and have also understood that mid week magazines, football cards, etc will be deducted from their allowance. They love controlling where their money goes and enjoy seeing the savings build - they have both emptied and turned over the contents of their money boxes to me to add it to their Rooster accounts! I can see how it is giving them a real and tangible appreciation of money, and personal responsibility and I have already recommended it to many friends and family.