Cabbage helps parents teach their children good financial habits. It allows children to build and manage a plan for their income, savings, expenses, and charitable giving while allowing parents oversight in a parent version of the app.
By using Cabbage to plan and track the user will have a quick and easy way to know how much they “Can Spend’ without jeopardizing their ability to cover expenses they “Must Pay”. This removes the anxiety of making financial decisions without knowing for sure that you can afford it. By using the savings and future expense feature, the user will have peace of mind knowing that they have enough to pay for known future expenses and savings for unexpected costs that cannot be planned for.
All of the information submitted to Cabbage is secured using bank-grade 256-bit SSL in a secure data center. The goal of Cabbage is to teach young users a proven system for managing financial needs and obligations and forming good habits before they are financially independent where mistakes are much more costly. Cabbage is also applicable for adult users as the need to manage our personal finances is an ongoing requirement.
Cabbage is based on the First Habits System as taught in the book, First Habit Win.
You Can Download the Cabbage Money Education App here: