A simple to use iCloud-enabled application that maintains a Pocket Money banking system. This allows children to learn simple banking techniques, reduces the need to give them cash and provides an easy way to track childrens expenditure.
Children can see how much they have earned from paid-chores, or make transactions back to the parent accounts when they want to buy something.
All transactions use a PIN number to authorise payments. Backups can be made in case of data loss. Statements detailing transactions made can be emailed for any account. Graphs can be shown for each account, showing how balances change over time. Data can be stored locally on your device, or in Apples iCloud - thus allowing multiple devices to view and use the same data when both are logged into the same iCloud account.
Parents can alter any payment and even delete erroneous payments - like a bank manager. Children can only pay money from their account - like a bank customer.