How divorced parents can use the Greenlight app
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Key takeaways
Yes, divorced parents can both use Greenlight to manage their child’s account.
One parent acts as the primary account holder, but you can add a second parent as an Authorized Approver.
Each parent can fund the account separately and privately, but both parents can view activity, track spending, and help teach their child financial skills.
Managing money as a family is already complex, and for divorced parents, it can be even more layered, especially when both parents want to stay involved in teaching their kids about money. The good news is that Greenlight can work for co-parents. It’s flexible enough to give both parents visibility, control, and peace of mind.
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How Greenlight works for divorced parents
Greenlight makes it possible for both parents to be part of the money conversation. Here’s how it supports co-parents:
Authorized Approver role. The second parent doesn’t need their own separate Greenlight account (but they will need the Greenlight app downloaded to their device). The primary parent can add them as an “Authorized Approver,” giving them visibility into the child’s account and tools to help manage it.
Separate (and private) funding sources. Each parent can choose to add money to the account, and those funding sources stay private. One parent can’t see or access the other’s bank information.
Shared visibility. Both parents can see how the child spends, saves, earns, and gives. That means fewer surprises and more alignment.
Control without conflict. When it comes to using Greenlight for investing, the Authorized Approver can approve or decline trade requests, but cannot place trades themselves.
How to set up Greenlight for a second parent
Here’s how to add an Authorized Approver in Greenlight:
Log in to your Greenlight parent app.
Tap the gear icon on the top of your dashboard.
Select “Family” from the menu.
Tap “Add an Adult.”
Enter the second parent’s name, email, and phone number.
Tap “Add Parent.”
They’ll get an invite to join and can set up their own login. That’s it! Once set up, the second parent can view their child’s activity, approve trades, and stay in the loop.
Both you and your kids download the Greenlight app — with tailored experiences. They check off chores, you automate allowance. They spend wisely, you set flexible controls. They build healthy financial habits, and you cheer them on.
So, can divorced parents use Greenlight?
Yes! Greenlight is a great financial tool for divorced parents. With the ability to add an Authorized Approver, use separate bank accounts, and maintain privacy, co-parents can collaborate on raising financially smart kids without stepping on each other’s toes.
Want more parenting wins? From budgeting to spending wisely, Greenlight’s family money app teaches money lessons for life. Try Greenlight, one month, risk-free.†
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Read how we use and collect your information by visiting our Privacy Statement.