Jassby is a new debit card for families that allows parents to manage their children’s spending. Parents can set up a family budget and monitor their child’s spending using the app on their mobile devices. They can then send alerts if there is any deviation from the plan. Once the parent receives the alert, they can block the transaction and take action, such as calling the child to discuss why the transaction was blocked.
What Is Jassby?
The Jassby is a prepaid debit card designed for families with young kids. It works in conjunction with the Jassby Family Budgeting App, which helps you create a family budget and track your child’s spending. The app has an easy-to-use interface, and it also includes a feature called “Alerts” that lets you know when your child deviates from the budget by sending you an email or text message. You can then choose to either block the transaction or talk to your child about their behavior.
How Does Jassby Work?
Parents create a profile on the app and add their children to the account. Then, they can view their child’s activity history, balance, and recent transactions. All transactions made on behalf of the child must go through the parent’s account before being processed.
Once you have added funds to your account, you can begin creating a budget. You can do this by adding categories such as groceries, entertainment, clothing, etc. Each category has its own budget amount, and you can adjust these amounts as needed. If you want to keep things simple, you can just enter one category per day and let the app automatically calculate the rest.
When you are ready to start tracking your family’s spending, you can simply click on the Spending tab located under the Categories menu. Here, you will find a list of all of the categories where you spend money. Clicking on any item opens up a detailed breakdown of the expenses associated with that particular category.
If you decide to add a category, you can change the budget amount for that category. You can also edit the name of the category and add notes to help you remember what the category is for.
If you notice that your child is spending too much money in a specific category, you can block the transaction. You can also add additional restrictions to limit the types of items they can buy.
What Features Does Jassby Have?
Jassby is a prepaid debit card designed specifically for families. It offers features such as:
- Parental control over all transactions made on behalf of their child.
- Alerts sent to parents via email or text message if there is a problem with a transaction.
- A built-in credit score that helps parents determine whether their child should get additional credit.
- No fees for adding funds or making withdrawals.
Pros of Jassby
Jassby has many advantages, including:
- There is no minimum age requirement to use the card.
- Parents do not need to worry about their child losing the card since it is linked to their bank account.
- Transactions are protected against fraud.
Cons of Jassby
There are some disadvantages associated with Jassby. These include:
- Some banks may charge extra fees for processing transactions.
- The app does not allow parents to view their child’s entire transaction history.
How Does Jasby Compare?
Jassby is similar to other prepaid debit cards available today. However, it has a few unique features that make it stand out from the crowd. First, it allows parents to set limits on how much their children can spend in each category. Second, it provides alerts when there is an issue with a transaction. Third, it includes a built-in credit score, so parents know whether their child needs more credit. Finally, it supports both Android and iOS devices.
Who Should Use Jassby?
Jassby is ideal for busy parents who don’t have time to supervise their children’s purchases closely. This way, they can focus more on other aspects of their life while still knowing exactly how their child spends their money.
You should note that Jassby does not cover all kinds of purchases. For example, it won’t work if your child wants to use cash at the store since it doesn’t support that type of payment method. Also, it won’t work if your child uses gift cards because those aren’t supported yet.
Is Jassby Right for You?
Overall, Jassby is a great tool for helping parents better understand how their kids spend their money. It gives them peace of mind knowing that their children are being responsible with their finances. It also makes it easier for them to monitor their child’s spending habits without having to be present every single time. As long as you are comfortable with your child handling their own finances, Jassby is worth checking out.
How to Get Started with Jassby
The Jassby app is available for both Android and iOS devices. When you sign up for the service, you will be given a PIN and a temporary password. This is used to access your account online. In addition, your family members can use the same username and password to log into the app.
Once logged into the app, you can view all of your transactions, including cash withdrawals, ATM fees, and purchases made at stores like Walmart, Target, and Amazon. You can also see how much money each person in your household spent during the month.
