About MyTykoon
We're building the app that turns "I want it" into "I earned it" — teaching kids the value of effort, one toy at a time.
Our Mission
MyTykoon helps parents turn toy aisle tantrums into teachable moments. Instead of saying "no" when kids beg for toys, parents can say "scan it" — and the app converts the price into effort.
When children see prices, they see abstract numbers. They don't see effort, trade-offs, or time. So parents are left saying 'no' — and kids never learn "why".
We created the Reverse Shopping List to make money visible. $49.99 becomes "10 clean bedrooms". Kids see the work, accept the challenge, and complete tasks over time. When they hit 100%, parents decide whether to buy it.
Desire Becomes Motivation
Kids work toward real things they actually want — not points, badges, or game currency. Real motivation drives real effort and real learning.
The Problem We're Solving
The toy aisle tantrum. The constant begging. The endless negotiations. Parents want to teach, but lack the tools.
Money is Invisible
Kids see numbers, not effort. $50 means nothing to them. They don't understand trade-offs or the value of work.
Saying "No" Doesn't Teach
Parents say "we can't afford it" or "not today" — but kids don't learn why. The teachable moment is lost.
Arguments & Tantrums
The store becomes a battleground. Kids beg, parents negotiate, everyone leaves frustrated.
Our Solution: The Reverse Shopping List
Four simple steps that turn "I want it" into "I earned it"
Scan
Don't say "no". Say "scan it". The barcode scanner captures the item instantly. No arguing, no tantrums.
Convert
The app converts the price into effort — for example, "10 clean bedrooms". Kids instantly see the work required.
Earn
Your child accepts the contract and completes tasks over time. They watch the progress bar fill up toward 100%.
Unlock
When progress hits 100%, the item is unlocked — and you decide whether to buy it.You control the wallet, always.
Our Values
The principles that guide how we build MyTykoon
Effort Over Entitlement
Kids should earn what they want, not expect it for free. We teach that effort precedes reward — a lesson that serves them for life.
Parent Control Always
You set the task values. You approve progress. You decide when to buy. MyTykoon is a tool that helps you parent better — not a replacement for your judgment.
No Real Money, No Risk
MyTykoon is a motivation tool, not a financial product. No bank accounts, no real money transfers. You hold the cash. The app just tracks the deal.
Affordable for Every Family
Free tier with 3 scans per month. Premium is $2.99/month for unlimited scans. Teaching kids about effort shouldn't be expensive.
Why MyTykoon is Different
| Feature | MyTykoon | Kids' Banking Apps |
|---|---|---|
| Primary Goal | Teaching effort & motivation | Teaching spending with debit cards |
| Money Storage | Virtual (Parent holds cash) | Real bank account |
| Setup Friction | Low (No SSN, No KYC) | High (SSN required, identity check) |
| Motivation | Real toys kids actually want | Points, badges, fake rewards |
| Parent Control | Full control over purchases | Kids can spend independently |
| Monthly Cost | Free or $2.99 | $5-15 per child + fees |
Turn "I want it" into "I earned it"
Join the waitlist and be the first to teach your kids the value of effort.