Abaco24,
Everyone could easily use simple timers and tables as it's been stated before.
To add *some* additional safety measure, there are dive computers which track or show not only your tank pressure but also offer a "buddy check" for other tanks equipped with a transmitter and within range (eg. family diving together).
The Oceanic VT3 is an example of this kind, though there are several others that do this too. They aren't cheap though.
Oceanic Worldwide - Personal Dive Computers - VT3
So while everyone is using a timing device and tables, there's an added measure of safety because you can cross check against a computer plus keep tabs on your loved one's tank pressures.
Beyond the timing device, other options as have been pointed out before are some of the more simpler wrist computers like the VEO100 or Aeris counterpart. Roughly $150 each but many places like Scubatoys offer Scubaboard discounts, or free shipping... and have been known to offer deals when you buy multiple units.
The other thing I would comment on here that I've found useful when diving with my daughters was to clip or ziptie the wrist unit to their BCD. The wrist computers were simply too large for their kid sized wrists and I also didn't want them to "forget" the computer topside. So, after some attempts to use it like it normally is, I got a couple small zip ties, and putting the wrist computer through one of the D-rings on the BCD, zip tied the strap so it couldn't come undone.
During the dive I could move over and check out their computer, as well as check it topside after we got out or right before getting back in the water for the next dive to check the surface interval. No hunting for the computer -- had enough trouble with missing masks and snorkels!
Simple little thing like worked wonders for me and I always knew they had their computer with them.