Bomad Kids Money Tracker, developed by Graeme Pyle, is an educational app available for iPhone. It falls under the category of Education & Reference and aims to teach kids about money management.

The app works by allowing parents to create a virtual bank account for their children using the parent app on their phone. The child app, available on devices such as iPads and phones, allows kids to see their bank account and track their finances. Parents can set up allowances for their children, add money when they receive gifts or cash, and deduct money when their child wants to spend.

One of the key features of Bomad is the ability for kids to easily see how much money they have and what it was spent on. This helps them develop a better understanding of money and make more informed spending and budgeting decisions. The app also offers additional features such as goal saving, chore payments, and the ability for older kids to transfer money to real bank accounts and use debit cards.

Bomad Kids Money Tracker is a virtual piggy bank and money ledger that aims to teach kids financial literacy in a fun and interactive way. It eliminates the need for physical wallets or money jars and instead provides a digital platform for kids to learn about earning, saving, and investing.