Automatic Purchases

As our kids have gotten older, they are starting to have items that they routinely pay us for every month. We have our children pay their portion of the cell phone bill and our older son is a member of a website the charges a monthly membership fee. Other families have their teen driver pay for a portion of the car insurance bill or the car payment each month. If your child has a reoccurring payment that is a constant amount, you will love this feature. You continue to pay your bills as you normally would. In addition, you set up an automatic “purchase” on his MoneyTrail account. MoneyTrail will remember to charge your child’s account for his reoccurring purchase each month.