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Setting An Allowance

The allowance feature gives you a convenient way to schedule funds to be sent to your teen on a recurring basis. This means you can set the amount you want to send to your teen and rest assured the funds will arrive at the same time weekly, bi-weekly or monthly. It’s an excellent way to ensure your child receives their funds on a structured schedule.

Once you’ve finalized your teens account you can follow these simple steps to create an allowance:

On your main screen select the teen you would like to create an allowance for by clicking on their Spending Wallet.

  1. Click on the Allowance icon
  2. On the Allowance page you can choose the amount of funds and how frequently you send those funds to your teen.
  3. Select transfer from your linked bank account
  4. Confirm

 

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