How are rewards calculated?
You set a single number — the A-rate (what an A is worth in one pay period). Everything else auto-calculates as fractions of that rate: A=100%, B=50%, C=25%, D=12.5%, F=$0. Add up the per-class rewards, add the behavior bonus, and that's the total payout. Every payout then splits 50/25/15/10 across spending, savings, education, and retirement — only the 50% spending bucket is money your child can actually use.
What stops my child from entering grades that aren't real?
Nothing counts until you approve it. Every grade your child enters arrives in your approval queue as pending — it earns nothing, and no paycheck moves, until you tap approve. Approve one, approve all at once, or reject it with a note explaining why. You already have the report card and the school portal; the app just turns checking it into a five-second tap instead of an argument. Prefer to skip the step? Enter the grades yourself — the choice is per family, and you can change it any time.
How much of the payout does my child actually keep?
Exactly 50%. The other 50% is locked into goal-based Savings (25%), a 529 Plan for post-high-school education (15%), and an IRA for retirement (10%). If the calculator shows a $40 payout, your child sees $20 of pocket money — you still pay the full $40, but half teaches long-term money management instead of immediate spending.
How often does my child get paid?
You choose: weekly, bi-weekly, monthly, or by semester. Weekly suits younger students who need quick, frequent rewards; bi-weekly mirrors a real paycheck; monthly lines up with school progress reports; by-semester teaches patience and planning. You can change the schedule any time in the app.
What ages is this designed for?
Students in grades 7–12 and college, ages 13–24. Adolescence is when financial habits set; the program targets that window precisely.
How does the behavior bonus work?
A short daily evaluation rates respect, cooperation, attitude, responsibility. Parents review or amend before bonuses calculate. Higher scores → tiered 5–20% bump on the academic reward.
How is this different from just paying for grades?
Just paying for grades can backfire — research shows it can undermine intrinsic motivation. We structure the reward as a paycheck with mandatory allocation to goal-based Savings, a 529 Plan for college, and an IRA for retirement — plus a behavior bonus on top. The lesson is about stewardship, not transactions.
Is my family's data secure?
Payment processing is handled by Stripe (PCI-compliant). The app is COPPA compliant. Student data is encrypted and never shared with third parties.
