Tjing is a pocket money management application that allows parents to simulate a banking experience for their children, helping them learn financial discipline through hands-on interaction with virtual currency. The platform addresses the lack of tangible money experiences in a digital age, enabling kids to earn, save, and spend responsibly while fostering a healthy relationship with money.
Funding
Funding not disclosed
Founders
Product
Problem
In an increasingly digital world, children have fewer opportunities to learn about money management through tangible experiences. Traditional methods of learning about finances are becoming less relevant as physical cash is used less frequently. This can lead to a disconnect between earning, saving, and spending for young people.
Solution
Tjing is a mobile application designed to simulate a banking experience for children, enabling them to learn financial literacy through interaction with virtual currency. The app allows parents to act as the family's bank, providing a platform for kids to earn, save, and spend virtual money in a responsible manner. By visualizing and interacting with digital coins, children can develop a better understanding of money management. Tjing helps foster a healthy relationship with money by providing a hands-on learning environment. The application includes features for setting savings goals and tracking progress.
Target Audience
The primary users are parents who want to teach their children about money management in a fun and engaging way, as well as children learning to manage virtual money.
Features
- Virtual wallet for each child with a visual representation of coins.
- Ability to send and receive virtual coins between family members.
- Functionality to combine coins into higher denominations.
- Savings goal setting with visual progress tracking.
- "Interest tree" feature that shows savings grow over time.
- Automatic allowance distribution.
- Family account login for shared access on multiple devices.