As the UK becomes increasingly cashless, parents are navigating how to teach their kids about financial literacy and smart spending in the digital age. Enter gohenry, an app that lets parents and children work together to track purchases, set saving goals, and empower kids to manage their money.

The digital era has made keeping tabs on children’s behavior more difficult for parents, who often fret about the various dangers of constant connectedness – from smartphone addiction to age-inappropriate content to the threat of cyberbullying. So, how can tech be made more kid-friendly?

Financial education for five-year-olds? There’s an app for that. Money Twist uses engaging games to help parents teach their kids about the value of money. With parents wanting to equip their little ones with key knowledge as they grow, they'll likely appreciate help from brands offering efficient support.

A coin-counting facility called the ‘Magic Money Machine’ is being installed at Manchester Arndale, offering children prizes for saving up. Created by Metro Bank, it's hoped that the fun factor will incentivise Gen Alphas to engage in positive financial habits from a young age.