Welcome to 5Point Fam! 5Point Fam helps families build healthy money habits together! Kids learn by doing, with the 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 a savings goal 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, an interest rate, due dates, and even late fees too
- 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 their balances and transactions in real time