Tykoon (www.tykoon.com)

© 2012 Tykoon
Mac OSX, iPad, Windows
Teaches: money management

CTR Review

Designed to be a cloud-based financial services platform for families, Tykoon intends to help parents manage a child's money-related behaviors. Specifically, these are earning, saving, giving and spending. A reward system works with Amazon.com so that children can purchase real items for completing tasks or goals. Tykoon gets a percentage of each sale. While in a child's account, a parent can assign jobs, track progress, pay allowance and set goals. Because this is cloud based, these management tasks can take place from any computer screen or smart phone, say, when in the toy aisle. The app is based on real money and it makes real money through the Amazon.com relationship. Tykoon comes from two investers, Mark Bruinooge and Doug Lebda.