About
This app helps families teach children about money management. It allows kids to set savings goals, track chores, and learn about banking, while parents can manage accounts, set limits, and assign tasks.
What's New in 5Point FAM
2.13.0
September 15, 2026
Bug Fixes
Developer apps
FAQ
How does 5Point FAM help kids learn about money?
5Point FAM teaches kids by doing. They can set savings goals, track chores, and watch kid-friendly videos explaining how banking works, making financial lessons interactive.
What financial management tools do parents have in 5Point FAM?
Parents can manage all their children from one app, set savings goals, assign chores with payment, set spending limits, and even freeze/unfreeze debit cards for real-time control.
Can 5Point FAM be used for practice financial scenarios?
Yes, 5Point FAM allows parents to set up practice loans for children, complete with monthly payments, interest rates, due dates, and even late fees, simulating real-world financial situations.
Is 5Point FAM secure for family financial data?
While specific security measures are not detailed, the app is designed for family finance, implying a focus on secure handling of financial information. It is available on iPhone and iPod.
How often is 5Point FAM updated?
The latest version, 2.13.0, was released on September 15, 2026, indicating regular updates. The app was initially released on August 12, 2026.
What is the age rating for 5Point FAM?
5Point FAM has an age rating of 4+, making it suitable for young children to begin learning about financial concepts with parental guidance.
Does 5Point FAM have ads?
No, 5Point FAM does not contain advertisements, providing an uninterrupted experience for both parents and children.
What devices support 5Point FAM?
5Point FAM is currently supported on iPhone and iPod devices, allowing families to manage their finances on the go.
