Wallit is designed to help families manage their money and track their spending all in one place. This app is free to use and allows you to add many family members as users.
This way, everyone is on the same page when it comes to budgeting, saving, spending, and sending/receiving money. Furthermore, Wallit also offers cash back for your spending.
Read below for more information on what Wallit has to offer.
Wallit Features
Be sure to make use of all of Wallit’s features. You will have to link at least one checking account and one debit card to the app. After you’ve set your account up, you’ll be able to start managing your family’s finances in one app. Some perks that this app has are:
- Monitor family finances. Look at account balances and history in one place. Easily move money around in the app and keep an eye on everyone’s spending habits.
- Establish savings goals. Set family savings goals and share it with your family. View your savings progress from the Wallit dashboard.
- Assign and approve chores. You’ll be able to assign and personalize chores, including task schedule, instructions, etc. After your kid finishes a task, they will be able to submit it for approval in the app.
- Set allowances. Set up weekly allowance for your kids or different accounts for each child. After Saturday comes around, you’ll have to approve the allowance for the next week.
- Spend on gift cards. After your children gets their allowance, they can buy digital gift cards from partner retailers and brands from Wallit.
Furthermore, you’ll be able to earn cash back when you shop using Wallit online or in-store. This will include: gas, groceries, dining, apparel, footwear, pet supplies, etc. Just connect your debit card to the app and use it to pay to get cash back.
 |
 |
Conclusion
Now, when you use Wallit, you and your family will be able to manage your funds more in sync with one another. Not to mention, you’ll be able to take advantage of the perks that comes with the app.
Additionally, if you use your debit card to pay for transactions, you’ll earn cash back for your purchases as well.
You can also checkout a social savings app made for children, KidFund. They are currently offering a $5 welcome bonus.
