Head to head
Greenlight vs GoHenry 2026: Best Kids Money App?
Reviewed by Arif Ariyan · Senior Software Engineer · Verdict: too close to call.
TL;DR Verdict
Greenlight and Acorns Early (formerly GoHenry) both teach kids money management. Greenlight adds investing and savings tools for $5.99/mo. Acorns Early focuses on chores and budgeting for $8/mo. Pick Greenlight for investing. Pick Acorns Early for simplicity.
Plans and Monthly Pricing Head to Head
| Feature | Greenlight | GoHenry |
|---|---|---|
| Starting price | $5.99 / month | $8 / month |
| Core features | Kids debit card, allowance, savings, investing | Kids debit card, chores, budgeting, financial education |
| Age range | Not specified (likely similar) | 6–18 years |
| Market | US | US and UK |
Greenlight starts at $5.99/mo and includes investing. Acorns Early (formerly GoHenry) costs $8/mo for basic budgeting needs.
Chores, Allowance, and Parental Controls
Both apps let parents set chores and automate allowance. Greenlight's allowance links to savings and investing goals. GoHenry focuses on teaching earning through chores with parent approval. Parental controls include spending limits, merchant restrictions, and instant notifications. GoHenry emphasizes financial education with in-app quizzes.
Investing and Savings Features for Kids
Greenlight offers savings goals and a custodial investment account. Kids can invest in stocks and ETFs with parental oversight. This teaches long-term investing early.
GoHenry does not offer investing. Savings is limited to goal-setting within the spending account. For investing features, Greenlight is the clear winner.
Card Acceptance, Limits, and Safety
Both debit cards are widely accepted (Mastercard or Visa, not specified). Parents control spending limits, ATM access, and merchant categories. Cards can be locked instantly. GoHenry has a 2M+ member base, indicating strong trust. Both apps are FDIC-insured through partner banks (not stated, but typical).
Recommendation: When to Pick Greenlight, When to Pick GoHenry
Pick Greenlight if you want investing and savings tools for your child. Pay $5.99/mo for the extra features.
Pick Acorns Early (formerly GoHenry) if you need a simple budgeting and chores app at $8/mo and want financial education content. GoHenry also serves UK families.