Allowance amounts ... track how much money your kid has. Some apps let you set chores that need to be done before the allowance is paid. It’s like having a digital chore chart that pays up!

Anna Kreditor doesn’t keep a chore chart anymore. She uses RoosterMoney. The app and others like it are helping parents motivate kids and sparking conversations about money at an early age.

It can make sense to do bigger chores together and to put money into the family savings jar for it. If you really want to have a chore chart, let your kids vote on what they want to do. If everyone ...