Great for: Helping kids manage their own money
Price: $3.99
Available for: iPhone, iPad

Your kids will be 100% digital, so why not start them out that way? With iAllowance you're the bank, your kids the customers. They accumulate money (or stars) via an allowance and chores. When your children want to make a withdrawal, you give them the cash, and debit their account.

By Beth Braverman and Ismat Sarah Mangla @Money - Last updated June 15 2012: 9:22 AM ET
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