GoHenry Savings
GoHenry banking tools for young people announced new features to help children and teens to easily budget and save. The feature has been introduced to kick off the New Year, when many of us set new goals for our financial lives. It’s been designed to encourage and motivate young people to plan and spend their pocket money and allowances wisely and stay within their means. Children and teens using goHenry now have the option to create multiple Savings Goals so they can save for the things they need and want. goHenry then suggests how much a user should save each week to reach their goal and automatically sets aside a recommended amount on a weekly basis to hit that target. Parents and relatives have the option to contribute towards Savings Goals if they wish. Users set the amount they need and set the date for when they want to reach their Savings Goal. Then goHenry suggests how much the child/teen needs to save each week to reach their goal and automatically pulls the amount they need each week from their pocket money payments into their Savings Goal.