How a child creates their own savings goal

A savings goal is a target amount of money you want to save up for something specific — like a new football, a school trip to Nairobi, or a gift for a family member. Instead of just watching your KiddyCash wallet balance sit there, a savings goal gives your money a purpose and shows you exactly how close you are to getting what you want.

This guide walks you through creating your very first savings goal from your own KiddyCash account.

Before you start

Make sure you have:

  • Your own KiddyCash kiddy account or kiddy business account
  • Access to the KiddyCash app (on your phone or tablet)
  • A clear idea of what you are saving for and roughly how much it costs

Note for parents: If you want to set up a savings goal for your child rather than letting them do it themselves, see How to create a savings goal for a child.

Step-by-step: Creating your savings goal

  1. Open the KiddyCash app and log in to your kiddy account using your PIN or password.

  2. Go to your Goals page. From your home screen, tap the Goals tab in the bottom navigation bar. If you have never created a goal before, the page will be empty — that is fine.

  3. Tap “Create a goal”. You will find this button at the top of the Goals page. You can also go directly to the goal creation screen here: https://kiddy.cash/kiddy/account/goal/create.

  4. Give your goal a name. Type in what you are saving for — for example, New school bag or Bicycle. Use a name that will remind you why you are saving.

  5. Enter the target amount. This is the total amount of money (in KES) you want to save. For example, if the bicycle costs KES 4,500, type 4500. If you are not sure of the exact price, it is okay to estimate — you can always update it later.

  6. Set a target date (optional but helpful). Choose the date by which you want to reach your goal. If you want to buy something before the end of school term, pick a date a few days before term ends so you have time to spend it.

  7. Choose how much to save regularly (optional). You can tell KiddyCash to set aside a fixed amount from your allowance each time you receive it — say, KES 200 every week. This is called an automatic contribution. You can skip this and add money to your goal manually instead.

  8. Tap “Save goal” to confirm. Your goal will now appear on your Goals page with a progress bar showing how far along you are.

What happens next?

Every time money is added to your goal — whether automatically or by you tapping Add funds — you will see the progress bar move closer to your target. You can check in anytime to see your balance. For a full walkthrough of what you will see, read How to view a child savings goal.

Saving gets even easier when your whole family talks about money openly. If your parents use a family budget, ask them to show you how it works — it can help you plan your goal better. You might find these reads useful: Why the family budget is your most powerful financial teaching tool and How to run a simple family budget kids can see and learn from.