Pocket money apps for children are increasingly used by parents to teach their kids about money management in a playful way. One of the most popular apps is the KNAX pocket money app from Sparkasse. It is available for free to all iOS and Android users, not just the bank's customers.

Here we explain why the app is so popular and how it can be easily downloaded and set up.

A major advantage of the app is that it is available for free not only to Sparkasse customers. Thus, pocket money expenses can be managed for free without the app becoming the first expense. The app can be installed on both iOS and Android devices.

The KNAX pocket money app can be used by Apple users on the iPhone or iPad. To do this, iOS users just need to open the App Store, enter KNAX in the search field, and download the bright red app.

Downloading on Android devices such as smartphones or tablets is also very easy. Users can search for the KNAX pocket money app in the Play Store and select the red Sparkasse finance app. The app can then be downloaded and installed for free.

Not only is the installation easy, but registration is also simple and straightforward. After opening the application, an account can be created in four steps.

The parents' general data and their email address must be provided, and a password set. To complete the registration, parents must confirm their email address by clicking on a link in the email they receive from Sparkasse.

In the next step, pocket money accounts can be set up individually for each child. The name is given and a profile picture selected. Parents can also specify how much pocket money their child receives weekly or monthly.

With this, the registration and setup of the app are completed, and pocket money can be easily and conveniently managed and monitored by both children and parents.

In the app, children have various functions. One of them is managing the balance, which is displayed at the top of the child's profile. Below, children can choose between "Withdraw" and "Deposit". They can indicate what the money was spent on or received for. The account overview function allows these transactions to be viewed clearly afterwards.

Additionally, savings goals can be set. The amount of money to be saved and for what purpose is specified. To further increase motivation to save, a photo of the desired object can be uploaded. Children can then see their progress towards their goal not only in numbers but also graphically.

Finally, there are the "Fun and Games" and "KNAX Info" functions. Here, children have access to entertaining games, as well as movies, comics, and information on the topic of money. These functions allow children to pass the time, learn new things about finances and money, or simply solve online puzzles.

The KNAX pocket money app offers many benefits for children and parents. One key advantage is that the app can be downloaded for free for iOS and Android from the App Store or Google Play Store. This allows all families, regardless of their financial situation, to improve their financial literacy and learn how to manage money.

Another benefit is the user-friendly operation and child-friendly design. The app is specifically designed for children and offers an easy-to-understand interface that is easy to use. The child-friendly and colorful design of the app creates a friendly environment that makes learning easier and invites exploration.

Another important benefit of the KNAX pocket money app is the ability to clearly manage income and expenses. Children can see their income and expenses at a glance, helping them understand where their money goes. This teaches them to manage their money effectively and set priorities.

The entertaining games and informative content on the topic of money are particularly noteworthy. The app offers a variety of games and content that can help children learn more about finances and money management. The games and content are not only educational but also fun, motivating children to engage with the topic of money.

Overall, the Sparkasse KNAX pocket money app offers many benefits for children and parents. The app is available for free and stands out for its user-friendly operation and child-friendly design. The clear management of income and expenses gives children a better overview of their finances and supports them in managing money. The entertaining games and informative content on the topic of money, which teach children knowledge in a playful way, are particularly noteworthy. Overall, the Sparkasse KNAX pocket money app is a highly recommended app for all parents who want to introduce their children to the topic of money in a playful way.