GoHenry app - how to use

The GoHenry app is a powerful tool that helps parents teach their children about money management in a digital age. In this video transcript, we will walk you through how to use the app effectively:

1. Creating an Account:

• Download the GoHenry app from the App Store or Google Play Store.
• Sign up for an account by providing the necessary details.
• Link a parent account to the child's account to start managing their finances.

1. Setting Allowances:

• Create a regular allowance for your child within the app.
• Set specific tasks or chores for your child to complete to earn additional money.
• Monitor their spending and adjust allowances as needed.

1. Savings Goals:

• Encourage your child to set savings goals within the app.
• Track their progress towards these goals and celebrate when they achieve them.
• Teach them the importance of saving for the things they want.

1. Monitoring Spending:

• Keep an eye on your child's spending habits through the app.
• Receive notifications when they make a purchase or request money.
• Use this as an opportunity to have discussions about responsible spending.

1. Educational Tools:

• Take advantage of the educational tools within the app to teach your child about budgeting and financial literacy.
• Use the app as a platform to start conversations about money management and smart decision-making.

By utilizing the features of the GoHenry app effectively, parents can empower their children to develop healthy financial habits and gain valuable skills for the future. Start using the app today and embark on a journey towards financial education and responsibility with your child.