You may wonder how exactly Tageba works. It’s actually quite simple: Once you register, you can create accounts for your kids. Each account has a balance and can keep track of transactions. A transaction – i.e. a withdrawal or deposit – is something you enter on the website when your kid asks you to. Of course, for withdrawals, you check first whether there is enough money in the account.
Once you have registered the withdrawal with Tageba, you give your child the requested amount. You can see a list of all past transactions for each account:
And so can your child. This enables them to keep track of where their money goes, and how much they still need to save until they reach a specific goal.
There is a dedicated frontend of Tageba for the kids. When they log in, they see a simplified version where they can look up past transactions and request withdrawals and deposits.