The way people experience money and children learn about money management is changing drastically in the last decade. Money used to be a physical object you can see, touch and put in a piggy bank, and now it is a digital concept. No wonder that it impacts kids, parents, and financial institutions. Teenagers struggle to monitor their money flow and make savings. Parents don’t know how to help them in this new situation, while traditional banks are slow to respond to this target group’s needs. The solution is Teenit - the first educational smart budgeting app made with teenagers and for them. With a parent authorization, we seamlessly connect to the teenager’s bank account, giving access to smart budgeting features, educational videos, quizzes. Furthermore, Teenit uses incentivized learning, based on the teenager’s real-life spend and gain experience, to help them develop healthy financial habits.