MoneyTrail is a virtual family bank that tracks the financial transactions between parents and teens. Kids and teens learn to keep track of their allowance, cash, IOUs and gift cards. We don’t handle your kid’s money. We just keep track of it for you.MoneyTrail Features - Tracks your kid’s money, including cash, allowance, IOUs and gift cards. -Allowance can be added automatically. -Can create unique accounts to track savings for specific items, such as a new phone or a Disney trip! -Current supported mobile devices include: iPhone, iTouch, BlackBerry phones, Android phones and the Nintendo DSi. -Both parents and teens have accounts -View balances and enter transactions from computers, tablets or mobile devices.Benefits for Parents -Options include: one allowance payment, no allowance or Save, Spend, Share system. - Saves time by eliminating the hunt for the calendar to determine when allowance was last paid. - Helps you teach your child smart saving and spending skills. - Lets you keep cash in your wallet by paying your child with credit (IOUs).Benefits for Kids and Teens - You have your own account and are in control of your money. - You can enter IOUs so that you get the money you are owed.Keeping track of your kid’s money and having them making wise choices with it is a skill that takes practice. Learning to have a goal for their money also teaches kids and teens to avoid blowing their money on impulse purchases. MoneyTrail is a free, money management system that can organize kids’ money and keep kids and teens focused on their financial goals.