5Point FAM
No in-app products collected for this app.
| Rating | |||
|---|---|---|---|
| United States | 100%1 | 5.00 | |
| Canada | <1%0 | — |
Description
Welcome to 5Point Fam!
5Point Fam helps families build healthy money habits together. Kids learn by doing, with parents guiding every step of the way — with our all-in-one, easy-to-use app.
From saving and spending to chores and allowances, 5Point Fam turns everyday moments into real financial lessons.
**What kids can do:**
Set savings goals and move money towards them
Watch kid-friendly videos about how banking works
Request money from parents, with notes
Transfer between their own accounts
Track chores and notify parents when they're completed
Send money back to parents if they need to pay back
Check balances and view all their transactions
**What parents can do:**
Manage all their kids from one app
Set savings goals and track their progress
Watch short videos with tips on talking to kids about money
Request money from your child, even as a practice loan
Practice loans with monthly payments, interest rates, due dates, and even late fees
Add notes when sending money or declining money requests
Set spending limits
Assign chores, track progress, and pay when they're done
Freeze and unfreeze their debit card
Check balances and transactions in real time