Piggo

Overview

Piggo is a family app for keeping a shared record of children’s pocket money, chores and savings. It suits parents who want to build money routines with children without linking the app to actual funds. Its clear trade-off is that every transfer remains a family bookkeeping entry, not a payment.

Key features

Parents can schedule allowance entries weekly or monthly, either adding to or subtracting from a child’s account. That provides a regular record, but families still need to handle any real exchange of money themselves. Chores can be recurring, one-off or open for the first child to claim; a parent approves completion before the reward is recorded. The approval step gives adults control, though it also means Piggo does not take chores from assignment to payout on its own.

Children can request deposits or withdrawals with a note and receipt photo, and parents can approve or decline. Parents can set savings goals and add interest to a child’s recorded savings, making progress visible without turning the account into a bank balance. Withdrawals are manual, and Piggo does not hold, move or pay out real money.

Each child can have a small portfolio displaying real prices updated daily. This is an educational way to introduce stock prices, not a trading feature or investment advice. Optional push notifications cover allowance entries, chore approvals and requests, including when the app is closed. The interface supports Danish, English, Spanish, German, Italian, French, Swedish and Norwegian.

Piggo says it shows no ads, sells no data and uses no tracking or analytics cookies, relying only on essential login and theme cookies. Family data is stored in its own database in Denmark, with families technically separated; traffic is protected by Cloudflare encryption and attack protection. Parents can view, correct or delete family data, and deleting a family removes its data entirely while backups rotate over time. Email is the contact channel for support and personal-data matters. Piggo is intended for a family managed by an adult, and it does not guarantee uptime or error-free service.

Pricing

Piggo’s Free while in beta plan costs nothing while the app is in beta. It includes the app’s family bookkeeping features, including scheduled transfers and interest on savings; there is no paid tier to weigh against it. The important term is the beta period: the stated free price applies while the app is in beta. Piggo has no card roundups, so it is not a fit for families seeking automatic spare-change saving.

Platforms

Piggo is available on Android, iOS and the web. That spread gives families a choice of phone or browser, while optional push notifications provide updates on phones when the app is closed.

Who it's for

Piggo is a good fit for parents who want one family record for allowance schedules, approved chores, requests and savings goals, especially when the purpose is teaching habits rather than automating finances. Its daily stock prices can support basic learning about portfolios without exposing children to actual trades. Look elsewhere if you need an app to hold or transfer money, execute investments, or guarantee uninterrupted service.

Pros and cons

• Pros: Allowance schedules, chore rewards, requests and savings goals share one family record, helping parents keep routine decisions visible.
• Pros: Parent approval for chores and requests preserves adult oversight, while optional notifications can keep parents informed outside the app.
• Pros: Daily stock prices offer an educational portfolio feature without trading securities; Piggo also states that it shows no ads or sells data.
• Cons: Piggo does not handle real money, so families must make and track actual payments outside it.
• Cons: The free price is tied to the beta period, and the service does not guarantee uptime or error-free operation.
• Cons: There are no card roundups, limiting its usefulness for hands-off spare-change saving.

Alternatives

For a broader savings-app comparison, browse Automated Savings Apps. Choose Betterment instead if you want a freemium investing app with Digital eligibility tied to $200 monthly recurring deposits and a $24,000 eligible balance, or Premium requiring a $100,000 minimum eligible investment balance. Guac is another freemium alternative with a free trial. finbee may suit readers seeking a savings-focused freemium app on Android or iOS; its free Japanese-language plan limits access to savings history to two years and excludes history for completed goals.

PiggyVest is a free alternative with no transaction charges or monthly fees, though some products have processing fees and early withdrawals may incur penalties. SavingsBox offers free manual contributions and bank and ACH payments, with a paid Premium tier for readers needing more than its free plan. Tunzi is free to use with no monthly or maintenance charge, but withdrawal fees apply. Chip is a freemium Android and iOS option with savings accounts and recurring deposits; its Basic plan charges 45p per autosave. Goin combines automatic saving, investment options and rewards, with a Pro tier for more cashback and flexible, speedy saving.

Verdict

Choose Piggo if your priority is giving a family one place to record allowances, chores and savings goals while teaching children about money. Its standout strength is the combination of adult-approved routines and educational portfolios at no cost during beta. Choose a different app if you need real transfers, bank functionality or actual securities trading: Piggo deliberately stops at bookkeeping.