Ultimate 6 Apps Teens Should Use to Manage Their Money
Managing money as a teenager isn’t always easy. Between saving for clothes, social outings, or even your first car, it can feel like cash slips away faster than you can keep track. Luckily, there are some brilliant money apps for teens in the UK that make it easier to budget, save, and spend wisely. Here are seven of the best teen budgeting apps to help you take control of your money.
1. GoHenry
GoHenry is one of the most popular apps designed specifically for young people. It comes with a prepaid debit card and a companion app where teens can track spending, set savings goals, and receive money from parents. It’s a great way to practice financial independence while still having parental oversight.
2. HyperJar
HyperJar is a smart app that allows you to split your money into digital “jars” for different goals, like savings, treats, or future plans. It’s free to use, and the prepaid card works just like a debit card. Teens can learn how to budget by setting aside money into different jars and watching how their spending adds up.
3. NatWest Rooster Money
Perfect for younger teens and pre-teens, Rooster Money helps you manage pocket money, track chores, and learn about budgeting. Parents can add money to the app, and older teens can even get a prepaid card to spend online or in shops. It’s a fun and simple way to learn money management basics.
4. Revolut <18
Revolut <18 is a version of the popular Revolut banking app designed for teens. It offers a free debit card, instant notifications when you spend, and the ability to create savings goals. Parents can link their accounts for oversight, but teens get plenty of independence to make their own money decisions.
5. Monzo
While Monzo is primarily an adult banking app, it’s available to 16- and 17-year-olds in the UK. Teens can get a Monzo card, set budgets, and keep track of spending with helpful notifications and categorisation. It’s perfect for older teens who want a real bank account with great budgeting tools.
6. Emma
Emma is a powerful budgeting app that links to your bank accounts and tracks your spending automatically. It helps you set budgets, identify subscriptions you might not need, and find ways to save more each month. With its easy-to-use dashboard, it’s perfect for teens who want to understand their money habits and take control of their finances.
Why Use Teen Budgeting Apps?
Learning to budget and save early makes a huge difference in how confident you’ll feel with money later in life. Whether you’re just starting with pocket money or managing your first part-time job wages, these apps give you the tools to build healthy financial habits.
Final tip: Try out a couple of different apps to see which works best for your lifestyle. Not every app will suit everyone, but once you find the right one, you’ll have a much clearer picture of where your money is going – and how to make it grow.
Looking for more ways to make and save money? Check out our guides on teen-friendly discounts in the UK and jobs for teenagers.
