Your Child's Account Explained
Now you've set up your child's RoosterMoney account here's a quick overview of your Child's dashboard.
At the top of your child's account you'll see the Account Total.
This amount is made up by all funds that are held in their different pots:
- Spend - this is your child's wallet and the funds that they have available to allocate to other pots (Save, Give and Goals). If you set an Allowance it automatically gets delivered to your child's Spend pot. If your child has a Rooster Card it is linked to the Spend pot.
- Save - this is where your child can store their long-term savings.
- Give - this is where your child can store funds for causes or charities that they are supporting or donating to.
- Goals - this is where your children can set things to save towards and allocate funds towards them.