Reliance Bank Chore Scout is our new mobile banking app that when combined with our Reliance Banking app allows parents and their kids to interact around money, savings, and allowances.
Designed to create opportunities for parents and children to communicate about money, it is a pair of apps (Parent and Child):
Allow kids to:
●Set savings goals
●Perform chores to get their pocket money/allowance
●Make decisions as to how much of their allowance to save vs. spend
●Track progress to their goals
Allow parents to:
●Add Children and their bank accounts
●Set chores to be completed in exchange for pocket money/allowance
●Review chore completion, accept and reject
●Make payment of allowances