FamZoo delivers prepaid cards and a financial education for kids.
All in one award-winning family finance app.
FamZoo is designed specifically to:
1. Save busy families time and hassle when managing money.
2. Teach kids critical financial skills through hands-on experience.
Here are just a few of the key capabilities in each area.
For a full list of FamZoo capabilities, browse our FAQs
Parents control accounts and money rules. Kids see just their own accounts with controlled access.
Automate and track reimbursement of family expenses with a text-message based approval process.
Schedule chores and odd jobs tied to rewards or penalties.
Teach kids the value of a dollar and the connection between money and work.
Spend, Save, Give Accounts
Separate funds into multiple purpose-driven accounts.
Teach kids to assign a purpose to each dollar with simple envelope budgeting.
Split payments for allowance, chores, odd jobs, etc. between multiple accounts.
Teach kids to withhold savings and donations before spending. Pay yourself first!
Define and automatically pay your kids an “interesting” savings interest rate.
Teach kids the power of compound interest in a time-frame they can appreciate.
Set savings goals, make savings projections, and track progress.
Teach kids to set, track, and achieve financial goals.
Schedule automated debits to charge kids for their share of recurring family expenses.
Teach kids that typical shared family services like cell phone data plans are not free.