GoHenry – Everything you need to know

GoHenry is a financial education platform designed specifically for children and teenagers, providing them with a practical and interactive way to learn about money management.

Founded in 2012, GoHenry aims to help young users build financial literacy and responsibility through its combination of prepaid debit cards and a comprehensive financial education app. The platform is tailored to support parents in teaching their children about money, budgeting, and saving while giving kids a hands-on experience with managing their finances.

Moreover, at the heart of GoHenry’s offering is its prepaid debit card, which is issued to children and teenagers and can be used for everyday purchases both online and in-store. The card is linked to a parent-managed account, allowing parents to set up allowances, monitor spending, and control where and how the card is used.

Likewise, GoHenry’s app includes a suite of financial education tools and features designed to engage young users and teach them about managing money. The app provides budgeting tools, savings goals, and spending insights, helping kids understand how to allocate their funds and set financial objectives. The platform also offers educational content, such as articles and quizzes, to enhance financial literacy and reinforce lessons about money management.

In addition, parents have access to real-time spending alerts and detailed transaction history, which helps them stay informed about their child’s financial activities. The app also includes features for setting spending limits and monitoring transactions, ensuring that parents can guide their children’s financial behavior effectively while fostering independence.

Overall, GoHenry provides a robust and engaging solution for teaching children and teenagers about money management. By combining a prepaid debit card with an educational app, GoHenry offers a practical way for families to introduce financial concepts and foster responsible financial behavior from a young age.