
Free
About
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
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What's New in 5Point FAM
2.12.0
August 12, 2026







