Pencilton lets parents give pocket money to kids and introduce them to goal-based savings, reward-based chores at home, budgeting, etc. It also provides an overview of the category-wise spend of the pocket money to parents without compromising the privacy of the kids as the individual transaction details are visible only to the kids.
Pencilton works seamlessly with the PencilCard which is a new-age debit card for kids & parents that is as secure as any other debit card and works across India. It is the best way to get a debit card (powered by Rupay) within minutes, without the hassles of a bank account. This gives kids their very own card that they use to manage their expenses.
Introduce kids to money the right way, the Pencilton way.
Features for Parents:
Get an overview of your child’s spend along with category-wise analysis.
Set Savings Goals & Automated Monthly Pocket Money.
Give chores (e.g. clean room) as Tasks which your kids finish to earn bonus pocket money. This inculcates responsibility.
Pencilton Tasks teach kids important practical skills related to money through a fun, gamified way.
Features for Child:
Get your very own debit card that works anywhere across India.
View all transactions with categories. Individual transactions are not visible to the parent, only a summary is.
Manage Piggy Bank to store and plan Savings.
Finish Pencilton Tasks to earn points and level up. Each level has new exciting challenges & rewards.