“Awesome service! We have been using FamZoo for over a year. I am highly impressed with the quality of services and the customer service is exceptional, personable and quick! We use the debit cards which is great even for my adult kids away at college and not here. I have setup allowances and it makes funding their accounts easy because it is automatic and easy to update. I have had kids call me during emergencies and I could transfer on the app and funds were available immediately. Highly recommend!!”
“It makes allowance automatic. You can make changes on the fly if needed. I had an issue once and I received quick personal service that resolved it. FamZoo works great for my family. I love it and highly recommend it.”
“I NEVER write reviews but FamZoo has totally transformed the way my children view money. Helped them break some impulsive money behaviors and helped me better structure monetary rewards and consequences. I didn’t learn about debt and interest until college, but this program opened up those conversations with my kids in elementary school. Highly recommend to everyone with a child in their life!”
“FamZoo keeps track of the kids’ allowances without us having to use cash. I can automatically allocate their allowance & other earnings across different categories (ie, spend, save, charity). We also love that I can reimburse or deduct from their accounts instantly without dealing with a bank. The kids love using their own debit cards to make purchases, and that they can log in to the app to view their balances. FamZoo is much easier than going through our bank!”
“We have been using FamZoo with our teenagers for a few years. FamZoo staff always respond very quickly to our questions. FamZoo is a great way to avoid overdraft charges that one of our teens was constantly accruing when she used her ATM/Debit card. It is much easier to load money quickly on the FamZoo card as needed, than to transfer funds from our checking account to our kids debit card/checking account. We’ve been very happy with FamZoo!”
“I love FamZoo! We originally ordered the cards when my sons were in high school and were off on college visits and summer programs. We didn’t want them traveling with cards connected to our bank accounts — so FamZoo was the perfect solution! It is So Easy to transfer money to their FamZoo cards — my sons have earned their allowances for grades, chores, any number of things. Both sons are in college and still use their FamZoo cards. It’s the easiest way for us to share/transfer funds as a family.”
“Incredible app with exceptional customer service. We have used FamZoo with our teenager for a couple of years and it’s incredible. It teaches good money habits, allows for parents to effectively track spending, and lets teens make decisions for themselves. I cannot love this app more than I already do!”
“Works very well. FamZoo has been an effective means to teach financial basics to my kids. Enables me to quickly get money to my kids in emergencies, empower them to shop on their own while providing me insight to how they chose to spend money. I enjoy setting bounties on household chores so my kids see opportunities to earn extra cash.”
“I’ve been using FamZoo for almost a year and it is fantastic! This is GREAT for allowances in the digital purchase age (‘Dad, can I have $$ for a fortnite skin?’) Now, instead of having to search for small denomination xbox or switch gift cards, the allowance goes right to their FamZoo cards. The boys have also learned to keep track of their balances AND ...believe it or not... SAVE for future purchases! LOVE this system!”
“FAMZOO is the best! Excellent way to streamline allowance & teach your kids about money. We’ve been using it for 2 years & no complaints! Great customer service on the one occasion that we had a minor glitch — fixed in no time.”
“What a wonderful way to teach my children the importance of saving and budgeting. I have two teenagers and one is a new driver. With a quick text and some transfers on the FamZoo app. I can make sure there is gas money on their cards, as well as a quick grocery pickup on their way home. I don’t have to worry about lending out my debit card, I can just transfer and go.
My daughter just started her first job so her paycheck gets deposited directly to the FamZoo account and half gets automatically deposited into a savings account. She has already saved over $1000!
I researched a way for my children to have a safe, reliable account with a debit card and FamZoo was by far the best!”
“FamZoo is well worth the small, yearly fee! I can manage payments to my children’s allowances, help when they are in a bind (they can be at the movies, etc. and request money of me in case they are short), and my older sons now have jobs and their paychecks go to their FamZoo cards via direct deposit. We don’t worry about overdrafts and crazy fees; once they spend what was deposited on their card, it cannot be used until funds are added (by me, each other, or their jobs). Nothing compares!”
“Awesome! Just what we needed! Easy! We used this for our kids for years. It is great to help them learn how to budget. Fabulous for when they had an unexpected expense while away from home. We could instantly put the money on their card and they were good.”
“Very Handy. After years of looking for a way to keep track of allowance, we finally found FamZoo and are very happy with it. It strikes just the right balance between control (for parents) and freedom (for our 16 year old). I won’t say it’s taught her to be a responsible money-saver, that would take a miracle, but we no longer argue. She now knows her account balance and understands the relationship between her actions and her finances. No more nagging and whining! Happy to recommend this app to parents.”
“Life changing for parents of teens! This app has helped our family in so many ways! We use it to pay our kids for chores, give them money for meals when they’re out with friends or after school for extracurricular activities.
My daughter even used it for direct deposit when she worked part time over the summer. They love it because it helps them be independent. I also think it’s helping them build money management skills they’ll need when they’re on their own eventually.
As for the app itself, it’s rock solid and we’ve never had issues with it working properly. Customer service is also top notch and very responsive when we needed help.
It’s worth every penny we pay for the service.”
“FamZoo was recommended to us by a good friend and we’ve been truly amazed! We have enjoyed the fun, smart user experience of the app and the amazing personal service. It’s truly un-believable how Bill and his team respond to questions and dumb-parent questions.
This is a game-changer in helping to manage responsibility and budget and goal-setting.... Thank you FamZoo Team!”
“Outstanding tool for teaching finances to kids. What could be more empowering for a kid than having their own real debit card? What could be more effective for a parent than being able to teach kids about money by supervising them actually manage it?
FamZoo is a powerful platform that allows parents to configure a wide range of options. We choose to pay the kids 2% interest per month. If they save their money, they watch it grow. They actually hold back spending because they want their interest. That’s exactly the lesson we are trying to teach.
When they do their chores, they check them off and get paid — and we are notified via email so we can ensure it was really done. Some tasks are daily and others are weekly or monthly? Check. You can do that.
Unlike some platforms that are focused only on very young kids, FamZoo matures with your kids. My high school teens still love using FamZoo and appreciate being able to get a card without the whimsical logo they enjoyed when they were younger.
Everything I mentioned here is just the tip of the iceberg. If you are working to raise responsible financially literate kids, this app is a great tool.”
“Big help for parents With four teenage daughters, FamZoo is a huge help!”
“Have loved it for years. Sane, convenient, logical, intuitive, educational, economical, socially responsible, and worth every penny. I started using it to make sure I remembered to give my son his allowance. It blossomed into a resource to teach him money management. When he was ready, it became his first debit card (with real money). The economic educational resources are exactly what my family needed for raising a fiscally responsible kid!”
“This service is just about perfect! We’ve been using FamZoo for about 6 months now, and I’m very happy with how it works. We have three teenagers signed up, and it works well with all three. I have the app loaded on my phone, so I can transfer funds from the primary account to the kids’ accounts instantly. Happy to report that I’ve never experienced an outage or downtime when using the app. I’ve placed a few calls/emails to customer support and the response time has been fantastic. We are extremely pleased with everything.
Like they suggested, we created chore checklists and assigned payment values to each task — a portion goes to a spending account and another portion goes to a savings account (a nice feature!). It motivates the kids to do more work around the house, and it helps keep us honest on making payments when the work is done. Making a payment once the work is done is just a few clicks.
I also like the fact that I can see all spending transactions for each of my kids. Honestly, though, I haven’t explored that functionality very much. I’d strongly recommend for anyone with teens/pre-teens. It’s been a great way to teach kids about managing money and it’s very convenient to use.”
“Highly recommend FamZoo to parents everywhere. FamZoo makes it very easy for me to manage my two teenagers allowances, since I can do it remotely (1 is away at college and the other lives out of state w his dad). This is the first debit card they have ever had and they’re enjoying this intro to financial independence (being able to shop online, order from Grub Hub, Uber, etc).
I’m able to transfer funds to their cards w ease, I have the ability to “spot check” their spending habits by viewing their transaction statements online — this is what alerted me to a possible security breach when I saw unknown attempts to charge the card originating from clear across the country. I was able to get in touch w a FamZoo rep immediately and get the card canceled and a replacement shipped.
Any time I’ve had a question, Bill from FamZoo has been readily available via email and text and very responsive. I’ve even started sending holiday money gifts to the kids this way instead of sending cash in the mail like I used to (more secure).
I have had some issues in the past w ensuring the money I send to my son actually gets to my son (and isn’t intercepted by his dad) and FamZoo has alleviated all of those concerns.
I can’t think of anything but good things to say about FamZoo.”
“Awesome for our family! Teaches them about budgeting and responsibility while giving them some financial freedom. Love that I can track their spending and transfer funds easily. Highly recommend!”
“I have been using the paid version of this app and service for YEARS. I now have a 20 year old son who is so much more responsible and knowledgeable about money and finance than I was at his age. I still have two little ones at home and it works great! I love the debit cards, and the ability to give them control over savings, etc. I cannot recommend this enough.”
“Great app with great support! We have been using the app for about a year. It has been great for keeping finances in order in our family. Kids are learning about the value of saving and we don’t have to be constant cash machines. Bill is so prompt and very helpful with all questions! We’ve had no glitches.”
“This service has been a life saver for us! We have a daughter who is a disabled adult. She is able to handle her money using different cards for various purchases. The cards are loaded automatically once a week. (That way she doesn’t spend her whole month’s worth of allowance in one week!) I have had a couple of little issues and they have been corrected immediately by the staff at FamZoo. I have been so happy with FamZoo, I have told all my friends who have kids who need some help with budgeting to use this service!!”
“Our son saves!!! It’s great to see our (now not so little) guy behaving pretty well around money — he’s good about understanding the connection between impulse buying versus having money for the important things later, and that money is finite. Thanks FamZoo for helping us down the road toward his financial literacy!”
“FamZoo is a great app! This is the best way that I have found to give my kids financial freedom and financial responsibility. Transfers are easy (with my Bank free). I can keep track of everything from the very user-friendly app. Customer support is very fast and very knowledgeable on helping with technical support questions. You can withdraw money from an ATM. The account set up is not that complicated. You must first send a trial transaction of $1.00 from your bank account to verify the FamZoo account. I highly recommend this app! Thank You FamZoo!”
“Great teaching tool. Makes paying kids their salaries easy. Also very helpful in keeping track of chores.”
“For starters, they have insanely AMAZING customer service! I send a request for support and they instantly answer with a solution! ALWAYS!! We have children across the country and we can instantly send them money through the app free of charge. My kids have their names on their own card and can track their earnings, savings, and spent. It helps them learn how to budget too! It is great for the whole family and we are grateful and blessed to be a part of the FamZoo family!!”
“ALL 5 Stars ⭐️! I would highly recommend FamZoo! Service is very much convenient and has 24/7 exceptional customer service! My son used this card outside the US with NO issues!”
“Great and powerful, but a little complex. Fortunately, they have great support when you need it. We’ve been using this for a decade to teach our kids how to manage money, first with virtual accounts, and then with real debit cards. The system is rich and flexible, but thus also a little complex at times. I’d prefer to deal with the complexity to get the power it delivers, and I appreciate the extremely responsive support and extensive instructions available, so this is okay with me.”
“Great for budgeting for the entire family and to teach kids budgeting and responsibility. We use it like cash for each budget category, pay our kids for their chores and work and they have their own cards for their spending money.”
“Great way to enforce a daily allowance for budgeting purposes.”
“FamZoo is amazing! I have been using it with my 2 boys who are 5 years apart, for years.
It is an outstanding way to teach children responsibility with money. When they were younger their chores were spelled out in it, and they received compensation right to their accounts when chores were completed, with a FamZoo entry that they had been paid (no more paying cash to them and having them later say you forgot to pay them, it is all documented in FamZoo.
When the kids got older and we gave them physical FamZoo debit cards, we used it as a great way to pass money to the children (when at college or on school trips) instantaneously. Does your child need gas money to travel to and from college? You can set funds for that to their FamZoo card, and receive a text to the parent phone each time they use the FamZoo card. Again with all entries recorded in FamZoo, so you know what they spent on what with the card.
The parent can also take funds off the card if no longer needed by the child. And if the cards are stolen the money on them is insured so you don’t lose the funds. My boys also have their own money on their cards to use for online purchases. At any point in time they know how much money they have and they use it wisely. Wonderful system!”
“Excellent solution for kids managing their $$$. I strongly recommend!”
“This app is genius, super easy to use too!”
“Has everything you need. Chore charts, virtual accounts, real accounts, savings goals, allowance splits, parent paid interest, loans, money requests, free direct deposit, text alerts, etc... If you can think of it, it probably exists. Everything you could possibly think of for a debit card, chore chart, and money management.”
“Today I MUST take a moment to recognize FamZoo. CEO calls you back on a Sunday in the middle of his football game from an email sent 15 minutes prior... WOW. I highly recommend you FamZoo, first for providing the platform in Financial Services for children, next for such excellent customer services.”
“Best way to manage kids’ money. I tried several cards for kids before they all went out of business or were discontinued. PayPal for Kids MasterCard (discontinued), Nickel (went out of business). Because of those, I was very wary of FamZoo. I had nothing to worry about. Super responsive service, lots of features, and very reliable. My kids are grown-ups now and they even were super cool about closing me out. Highly recommended.”
“My kids are grown up. My youngest is now in college, has a part time job, and a ‘real’ account. I’m grateful to FamZoo for the service it offers, and will continue to recommend it to friends with kids who are learning about budgeting.”
“Amazing customer and personal support. Chris called me back on a Sunday night and walked me through all my inquiries. I had everything figured out by the end of call!!”
“This service and app is AMAZING! The customer service is top notch. Highly recommend FamZoo!!”
“I highly recommend FamZoo. It has so many features to help kids learn and manage money, including saving, giving, allowance, IOUs, chores, etc. It allows parents and kids to deal with money seamlessly. Customer service is also very responsive.”
“I can’t say enough about the customer service. It’s absolutely outstanding. I called because I had been frustrated trying to load my card and Bill walked me through it step by step. Now that we have loaded the card we are good to go and we look forward to using this card to help our children learn how to save and be more responsible with their money.”
“FamZoo is teaching my teens how to budget, and think about how they want to spend their money. We have had FamZoo cards for only 5 months and my 13 year old has learned to shop for sales, and he recently chose to save his last $10 rather then buy fast food! This new attitude is refreshing to see and so vital to their future. We are so pleased with our experience, and customer service is top notch!!”
“We have used FamZoo for 5 years and love it!”
“EXCELLENT customer service, great app, a bit of a learning curve but took my time with it and got used to everything and now my kids are doing chores without me asking. BEST PART? My son likes to make online purchases for gaming and now he has his own card so if he makes a compromised purchase, it controls any damage since it’s limited and MY CREDIT stays good!”
“Truly kid-focused financial product that makes it easy to give the kids financial training wheels. I was looking for reloadable prepaid debit cards so that I could give my kids a way to spend their own money online while setting safety limits. This was by far the best option.”
“Such an easy and fun way to manage the kids allowances, chores, responsibilities, giving, and saving. They love that they can track everything and that they have their own debit cards.”
“I love love love this card and company. So easy. So rewarding! I set the amount I want my daughter to have each week, and it draws it out automatically from my card!”
“This system is super easy to use, and completely transparent with regard to purchases. I love the fact that I can add chores with the amounts they’re worth.
Honestly, the best part of this system is the customer service. I have had two questions in the four months we’ve been using the system, and my emails have been answered with the question thoroughly answered within 45 minutes... and the people at FamZoo have consistently been friendly and very helpful. I absolutely recommend!!”
“We love FamZoo! Especially great for special needs young adults and teens who need help budgeting but want to feel independent! They love that they know how much money they have left, and I love that when it’s gone they can’t spend anymore!”
“Love using FamZoo to help my kids manage their spending money!”
“FamZoo has simplified our weekly allowance and helped teach our kids to make good spending decisions. Thanks FamZoo!”
“Great way to teach teens budgeting and responsibility. Customer service is always quick and helpful. The parent community questions and ideas help with teachable moments along the teen financial journey.”
“Helped my daughter learn to balance her account and track her spending. Great preparation for a checking account.”
“Great management for money for kids and adults who want to keep on a budget and have more flexibility. Great and prompt customer service.”
“Love this! Works for lots of purposes! Great for kids, as a card alternative to a cash envelope budget system, & for assisting young adults or special needs adults who may need supervision & guidance financially.”
“My family has used FamZoo for over three years, and I was amazed at how quickly it cured my kids of the phrase, ‘Dad can I...?’!!”
“Love the fact FamZoo has the tools to start reaching your kids early on how to manage money and their finances”
“Fantastic customer service and love being able to transfer funds to my pre-teen in a snap when she’s out without me.”
“Amazing software to help automate kids allowances. Teaches kids how to budget their money and create savings goals.”
“Great way for my special needs kiddo to feel more independent.”
“Super convenient way to fund the kids when they are off and need to pay for something. Instantly transfer money to their account from a browser. Mobile site is friendly. Helps kids learn online banking, money management, watch their trends... We’ve used this for years and love it.”
“We are overall extremely pleased with this service. It is the BEST of it’s kind. All of the features are very useful friendly and so helpful for money management.”
“Super convenient way to fund the kids when they are off and need to pay for something. Instantly transfer money to their account from a browser. Mobile site is friendly.
Helps kids learn online banking, money management, watch their trends... We’ve used this for years and love it.”
“I have two very different kids with different lessons to learn about money and I love that this program addresses both and they are learning through mistakes and successes in a controlled way. It was kind of a challenge to set up (mostly user error on my part) but now that it’s up and running, it’s the best. Thank you!”
“Great way to teach kids about money. Lets them prepare for the future of using a credit card and being responsible.”
“Great app to help kids and family! Wanted to teach my daughter how to manage money as she is a teenager. I am able to put money on or off her card and track all her purchases easily. Love all the extra features the card has to help such as adding for chores completed. Would recommend!”
“Great financial info to teach your kids!”
“While we don’t have children on our plan, my wife and I use FamZoo to share and manage our monthly spending funds. I really like how easy it is to get dedicated cards/accounts for specific purposes (food, travel, gas, etc.) so we can know right away where each fund’s balance is at. And transferring funds from one account to another is instantaneous. It’s like an envelope tracking system on steroids! FamZoo has changed our financial world.”
“Easy! Makes giving allowance so much easier. No more running to get cash every week. We are still learning money management skills, and we are thankful for this app.”
“FamZoo is a great source to use when teaching your teenagers how to manage their money. I love ❤️ the feature that allows the parents to keep track of their kids spending, you can create a chore board and add and take away funds on your kid/kids debit card. This card is perfect for my 12 year old’s Fortnite purchases. I also want to tell Bill thank you for your prompt assistance when I had concerns. I highly recommend this card service. Everyone have a great day 😊”
“Great for showing kids how to manage their own money.”
“Wonderful tool for family finance lessons!”
“FamZoo is an affordable option to fund your kids, while teaching everyone financial responsibility. I really like FamZoo!”
“FamZoo has been very helpful in teaching my sons responsibility in financial matters with accountability. Thank you FamZoo.”
“We started using this to help teach the kids about spending (wants vs needs). The oldest immediately started realizing how much things really are and figuring out how to budget. They are also learning about saving. I’m so glad we started using this!”
“Fantastic! This app makes enforcing chore completion the kid’s responsibility, automatically rewarding completion, and punishing slacking without parental nagging! The Debit cards work flawlessly, there are no fees, and I can transfer money to the kids instantaneously when they call from a friend’s house needing cash. Just love it!”
“FamZoo is a great incentive tool for my 3 older kids. Our teenagers/pre-teens love having their own money, and I love that they can earn it by doing the chores I established. The customer service has been amazing . Highly recommend!”
“I highly recommend FamZoo. Their customer service is wonderful I have ever encountered. Such prompt care from an organization such as FamZoo.”
“Our family uses FamZoo for our 7 and 10 year old, and we absolutely love it. It is really helping our kids make mindful choices about spending, charity and investing.”
“Great app with loads of functionality. Not having to keep track of allowances is great. My kids’ not having ask me for allowances is even better.”
“Excellent service. Great technology to help families understand budgeting, saving, and more. Backed up with great support on forums and documentation to nearly any situation or issue, plus great content and advice about family money management.”
“Wonderful product and service to provide your children with life-long financial skills. Customer service is outstanding (free replacement cards) and it is safe for all ages. We use the simple accounts for our youngest (6-yrs) and more advanced features for our teenagers. This Android app has less functionality than the website, so definitely explore the web version for all features.”
“Great app. This app has been a great resource. I rarely carry cash, when Friday comes, my kids are looking for their allowance (assuming they have completed their weekly chores). Before FamZoo, I would delay payment because I did not get a chance to run to the bank. FamZoo allows the money to be automatically added to their FamZoo debit card. Money is so easy to move from the parent card to the child’s card — either direction. No need for my kids to go to the mall with a pocket full of cash, and text alerts allow me to see where money is spent. 5 stars from me — very happy with this service.”
“As they get older, you can use tech as a teaching tool [for money]. If you want to use tech this way then I strongly recommend the @FamZoo program. I can’t say enough good things about it!”
“It is a great service for younger children to see their money grow and track spending.”
“Great way for kids to learn about managing money. We have always paid our children commission for chores, but we always had physical control of the money. This way, we load the cards and let them spend it. It also lets us know where they spend it. When kids go to camp, we load up what we think is appropriate. If an emergency comes up, then we can put more on their cards in just a few minutes. Easy to use.”
“Awesome service! Run by really great people. Highly recommend them.”
“We have an active soccer player who travels for various tournaments and camps. FamZoo is a the way to get him money within minutes when needed. He doesn’t have to carry much cash, so it’s safer, and I can easily lock his card if he can’t find his card. I can just as easily unlock his card when he’s found it again.
I initially found FamZoo because I wanted to teach my (then 13) teenager about check writing and keeping the register. It didn’t take long to realize I was a dinosaur in my way of thinking, and his generation will, more than likely, never use a checkbook. So I was trying how to teach him about credit cards when I came upon the FamZoo website.
It’s fantastic. I load (transfer from the credit union) money onto my card, then transfer money to him. I also have his allowance automatically deposit onto his card from my card. If need be, I can view his transactions to see when and where he’s making purchases.
I would not hesitate to join and help your kids on their journey of understanding basic money skills.”
“Our family has been using famzoo for 5 years and recommend it highly. My daughter is in high school now and handles her budgets for clothes and fun stuff, and we don’t have arguments about allowance. Also, the customer service is excellent. The system is very easy to use, and when we have had problems (like lost cards), I have never had to wait more than a couple of hours for a reply. It has been worth the cost for us.”
“Excellent and very personalized service. I have been using FamZoo with my kids for three years now, and highly recommend it! My kids also love it!”
“Really love this service. Having cards with easy fund transfer for all my kids is a great time saver. I was constantly forgetting to pay them allowance which meant it build up large amounts due, but no longer thanks to FamZoo. The app makes it simple to check balances and track activity, and also make reimbursements for approved purchases. I use this to help my three young adults get more familiar with budgeting.”
“Great for parents of kids who game online Great system! Allows parents to keep credit card numbers away from kids who can get carried away. This ‘credit card’ makes them feel independent but also keeps a close eye. If my son wants to order a pizza, I can literally transfer the money to his card from my phone while at work and he can order it on his card. I automatically have his allowance sent every Friday and can also deduct money if needed. Great app and so far nothing it can’t do that we need!!!”
“@FamZoo Thank you for possibly the best customer service I have ever received. #CustomerService #customersatisfaction #allowance”
“I absolutely love FamZoo!! There’s nothing else quite like it, and it has made a tremendous difference for my family!”
FamZoo has helped us teach our daughter the value of a dollar, the benefits of saving, how to be a responsible consumer and so much more. We cannot recommend FamZoo enough! It is so easy to use and Bill is amazing. His passion for helping parents teach their kids about finances is clearly genuine and we are so happy to be a part of the FamZoo community. Thank you!”
“Best customer service EVER!! I had trouble with the app loading and emailed the error report. Chief Dad Bill answered me back in minutes and reported he had removed some session data stored on the server. Problem solved... and did I mention this was at 9pm? Fantastic!!”
“Great for adults w/ADHD & kids too. This app and the program it represents are a fabulous system that provides very clear boundaries about money, but also a lot of flexibility. My kids are 5, 10, and 15, so I’m getting a full experience of FamZoo across the various development stages. My teenager loves her independence, my 10yo loves how she can’t lose her money (esp. compared to keeping her money in a box), while my 5yo likes being like ‘the big kids’ and I am the keeper of the cards. We aren’t anywhere near using this system to its full potential, but when I have a new task to do, the blogs, Facebook group, and the quick customer service will be what I do.
This app is also fabulous for me and my ADHD. Folks with ADHD can have serious problems with money, keeping to a budget, etc. FamZoo is flexible enough that I was able to set up different cards for each of our budget areas, like grocery , kids’ clothes, pet care, etc. I can always look up how much money we have in a given account. My ADHD issues with money are now much better managed, thanks to FamZoo.”
“Very helpful for our budget. We like the FamZoo prepaid debit cards for managing some of our budget items that are easier to track on a prepaid card than with cash. It’s also been great to empower the kids and teach them how to use a debit card.”
“Excellent Family Tool. We have been using FamZoo for more than a year and love it. We haven’t delved into all of its features (there are a LOT!), but we do use it for allowances, IOUs and those spontaneous trips to the mall that teenagers are so well known for.
Transferring money from my ‘mom’ account to one of my kids’ accounts is instantaneous, and I love that it’s not tied to my regular bank...I control how much is available even before I get a transfer request from someone!
I also feel a lot safer with my kids carrying cards vs cash. We’ve never had a problem with one not being accepted and all three have become very responsible with keeping track of their cards, etc.”
“We have used FamZoo years. The card has really helped him see where his money is going, and the process is simple.”
“FamZoo offers an easy and affordable way to share money with your children and help them learn money management.”
“Great way to manage kids spending and savings habits. Also can be used as a family wide “envelopes” style budgeting tool.”
“Excellent app for distributing allowance to my kids that is just real world usable money, not tokens or points in some system.”
“Best teaching tool. FamZoo is the best financial teaching tool. We have been using it for 3 years, and our 16 year old loves it as much as we do. It’s the way to go!”
“This is a great tool! I was losing track of how much money my 2 boy’s had in allowance, and was going to make a chart, but this solved the problem! So easy to go in, debit their “account” each time they buy something. And it automatically credits their account each week with their allowance. I also use the Long-term Savings, and Charitable Giving options. Great way to teach them accountability and money management, and easy for me to keep track!”
“Great tool. We love this app — it’s given our son the independence he was craving while also giving him the chance to play and experiment with finances in a safe, supportive way. And Bill, the developer, is great — he’s always been available and helpful when I’ve had questions.”
“Love @FamZoo; allows us to stay on top of things with our little one even when life is a bit hectic!”
“Great Way to Help Others Manage Money. I needed to help a family member manage their money, and I tried a couple different reloadable debit cards that supported multiple cardholders, but they fell far short of FamZoo. Now I’m expanding to help others in my family manage multiple accounts. It’s great. The small monthly fee is well worth it.”
“Makes life easier — and great customer service! I love the convenience of being able to pay allowances in seconds. And if chores aren’t done, fines can be deducted, easy-peasy. It’s a great way to keep track of spending, and loans to each other.
The kids love their cards — they have had some trouble keeping track of them, but hey, that’s a life skill too. Better to lose these cards now and learn to do better, than to lose regular credit cards later. These cards can be disabled instantly through the app; when they are found, they can be enabled again. We’ve just started saving accounts, so we’re learning about interest, and I’m hoping we can cultivate a saving habit.
There are occasional technical difficulties. Also, since I bank with a credit union, I have to load my parent card through PayPal, which takes a few days (all money is transferred to and from the kids’ cards through the parent card). But as long as I preload my parent card each month, it’s not that much of a hassle.
But still, 5 Stars, because the customer service is incredible! Anytime I have an issue, I go to “contact us” to send an email, and I generally get a response within an hour or two. No app is perfect, but with friendly and responsive support, I am more than satisfied.
Bonus — they have a Facebook group now where parents can chat, get information, ask questions, and exchange ideas.
So glad I have FamZoo!”
“Great product to give kids access to debit cards that they can use online, and for helping them understand all about finances.”
“This has really helped keep my kids’ finances organized. No more writing down what I owe them or they owe me. It has really helped our son, in particular, learn how to manage his money, and get used to having a credit card.”
“FamZoo is a great way to teach your kids financial independence and good money habits.”
“Great financial product to teach your kids about finances, and now a great app on android to complement.”
“We’ve been using FamZoo for about 4 months, and it has been great! For years I had kept up with allowance on a notebook, never had cash and never knew really what I owed them until they asked and then I would have to go to the notebook and figure it up. The app allows them and me to see at any moment how much they are owed, and I don’t have to keep my notebook anymore!! I have a 15 and 13 year old so they like that it’s on an app. I also use it for chores because a portion of their allowance is tied to chores. I also love that it was easy to set up and allows for not just allowance but buckets for savings and giving. We haven’t used the prepaid card yet but may in the future. I can’t say enough good things about it. It has literally taken the stress out of keeping up with everything surrounding our family allowance rules and chores. Thank you!!”
“My family has been using FamZoo for about three years and it has made giving allowances, transferring money, providing numerous financial lessons, teaching debit card safe practices, and dividing money into spending/savings/tithing accounts super easy. Trying to dole out cash was a nightmare! This system has given us flexibility and confidence!! SO worth it!! Thank you FamZoo!!”
“Best Family Finance App. After months of research and reviewing different family finance apps trying to find something that would fit what I wanted to do, I came across a review of FamZoo and, more specifically, their prepaid debit card option. Four main reasons I love the FamZoo debit cards, well five:
- I can set up automatic, recurring transfers to fund the main debit card (the bank).
- I can set up automatic recurring allowance payments to my boys’ debit cards.
- The debit cards can be used like a bank account where money can be sent to and from.
- My boys can check their balances at any time
- I no longer have to pay the tax at the register. If there isn’t enough money on the card to cover the tax, they can’t buy the item.
The only thing that would make it better would be if I could link our savings accounts directly to FamZoo. However, since money can be sent from the debit cards online, I purchased a second debit card for each boy to be used as savings, and that can be transferred to their bank accounts. It is an easy and reasonable workaround.
I love this system. Thank you FamZoo!”
“My daughter was spending a lot of money on games (my debit card). Once I found this financial prepaid card, we switched the bill over to her. It’s amazing how little she now spends on games and that she is now saving her money for something that she really wants.”
“I just signed up to get all the kids their own prepaid cards. This has so many great perks...
- They can get paid for chores/earn money
- Save money
- Learn how to spend wisely
- Ask for a loan (from mom)
- Pay back that loan
- Parents monitor all transactions
- You can lock their card
- You can also set up auto bill pay where you set an amount they pay towards their phone bill
Plus so many other great features. Check it out.”
“Excellent! The best program I’ve found for general family budgeting and financial coaching in the digital age. My favorite feature is the real-time transfer from card to card, all via this app. It really feels like you are your own bank. And, the service is very inexpensive, more than worth it. Thanks for making such a great product!”
“Famzoo has been great for managing our kids’ allowance. We recently started using the parent interest paid on their savings account balance. Much more motivating than the pittance paid by the banks these days.”
“If you are looking for a digital allowance and chore solution, you may want to look at FamZoo. We are finishing up our first week and it’s going well. The kids LOVE not having to ask for money — It is automatically on their monitored, prepaid debit card. (If it gets lost, we turn off the card until it’s found — No lost cards so far.) I love not having to keep cash on hand or needing to remember if I deducted their purchase from our digital spreadsheet.”
“We’ve been using Famzoo for about 8 months now for our 4 kids. Our youngest is 11 and our oldest is now 14. All the kids have a spending debit card and savings and charitable giving accounts. The oldest 2 have separate cards for their clothing monthly budget.
It has been wonderful.
Our oldest joined our family in July of 2017 (adopted), and it was difficult at first getting her into the habit of saving her allowance. The other 3 kids had it ingrained in them over a long period of time, but the oldest was excited to be getting her own money, and would spend it shortly after receiving it. Nonetheless, we showed her the savings tools, and how money could be distributed based on her goals.
She’s getting the hang of it, and in the mail today came the guitar that she saved up for and bought on her FamZoo card. It was exciting when she said she met her savings goal and now had enough to buy the guitar she wanted.
I’m so proud of her and excited that FamZoo has made a lot of this possible.”
“We have been a FamZoo family for almost 4 years, and we have really loved this product. I no longer respond to request for money by saying ‘I’m sorry, but I’m out of cash”. Money from my paycheck goes directly to my FamZoo card and is then distributed to my teenagers.
They get their allowance every two weeks and have to prioritize their spending and figure out how to make it last. I can also easily add extra money to the card and, from a distance, send them funds for non-allowance expenses like school shopping or the movies.
The card is empowering for my daughters who are learning to control their spending, and I love that I can see how much they’re spending and where they’ve spent it. Great product!”
“I am not sure how I haven’t heard of FamZoo till now. There are so many great resources we can use! I signed up earlier this week, and can’t wait to get our cards in the mail to set everything up! Thank you SO MUCH for giving parents a resource and starting point for many future discussions about financial management!”
“FamZoo has been so helpful as a step in helping my teen gain financial literacy — without getting overdraft charges during the process. He is working toward controlling his spending but in the meanwhile, I can pay him for work as he does it, see how he is spending it, and also reward him for saving money.
I can add money to his card instantly which is helpful if he is running errands or purchasing items for the family.
Our bank had no way of doing this for us — and even with a debit card and a zero balance he could still spend beyond the balance (with a $30 overdraft charge each time — even on small purchases). Not the case with FamZoo!
Plus, they have great technical support and have been on hand practically 24/7 as we first set up our cards.”
“I’m extremely happy with these cards for my grandchildren, they learn very fast how swiftly money is spent and to price compare.”
“I just got my family all setup with FamZoo and am already thinking ‘why isn’t everyone using this?!’ I was wondering how I might do exactly what you’ve explained here to manage my household budget — genius! ”
“Outstanding Teaching Aid. I researched all of the online programs for teaching kids financial lit for a project at work. FamZoo came out on top when features were compared side-by-side. I liked it so much I signed up my grandkids to monitor chores but also to use it to enforce good manners. It’s become invaluable. Bill has thought of everything using his own family as the example. You won’t be disappointed!”
“OMG not only has this made our lives so much easier, but their customer (personalized) service is unsurpassed. Kids love it, Parents love it, all around excellent product!!!”
“Famzoo is the best way to give kids an allowance and teach them about money at the same time. You can set up interest on their savings to encourage them to save and you can always set an upper limit so they don’t get too ambitious and break the bank! Another thing that’s great is that you can never overdraw your main account. If you run out of cash to give them, it will just assign IOUs to them and then automatically pay them when you fund your account. They thought of everything!”
“The weekly summary already, last week, gave my 16yo daughter her first glimpse into the reality of having your own debit card.
She had signed up for Amazon Prime over the holidays (which was our original reason for going out searching for a pre-paid method so that she could buy Christmas presents for my wife and I, “without Mom and Dad seeing what I ordered”), with the intention of cancelling it at the end of her month free trial.
She “forgot to cancel it” and got the shock on her debit card statement in email. She came to me in a panic, and I told her that she just learned the hard way what happens if you don’t watch your money. Someone is always looking to get it from you. I told her that she was lucky that it defaulted to a monthly payment of about $10, and didn’t charge her the yearly fee of about $100.
I told her that she just got a $10 lesson, and it was cheap.
As it turns out, because she hadn’t used Amazon Prime in the time after she automatically “paid her monthly fee”, Amazon allows her to cancel it for a refund of that month’s service. I told her that was a lucky break for her, and not to expect that from everything that she signs up for. Read the fine print. Fortunately, Amazon is pretty customer friendly. Next time might not be so pretty for her.
So the FamZoo account is paying money experience dividends every month already! :) This is the best money education tool I could imagine for the kids. I just need to stay on them, reminding them of their interest earning benefit, etc. so that they will gradually gain my enthusiasm about managing their money to their best advantage.”
“We struggled to keep up with a cash based allowance for our two younger daughters, always forgetting to pay them, and then our girls not keeping track of what they have.
FamZoo has been the perfect solution for us. It automatically pays allowance and allots a percentage to spending, to saving and to charity automatically! It’s a great tool to help young children begin to understand the value of money and we eventually hope to transition to using the debit card as we love that we can add that feature when we are ready.”
“We use the FamZoo cards too and love them. I linked it to my kids iTunes account and amazon and it’s saved us a lot of time and money and teaching them to budget and save. Prior to FamZoo, they were charging our cards and we could never keep up with it or get the amounts correct. It’s been great — highly recommend.”
“We LOVE FamZoo. In trying to give each of our seven kids some personalized oversight on their journey to financial understanding, this tool is a godsend for us.”
“FamZoo has been so helpful as a way to track chores (and Christmas lists!) and keep track of how much money the kids really have (so neither parent is in the dark... Hey, how much birthday money is left?).
Anytime we’re in a store we can check how much money they have to spend. Have yet to try cards but have one son turning 12 so we’ll be there soon!
I can’t recommend FamZoo enough.”
“I’ve gone back and forth a lot on whether to strictly pay my children for chores or an allowance system. Right now, we’re paying half their age in allowance weekly and give them opportunities to earn more money if they want through chores. I’ve found it to be a good compromise. They have to use their own money for everything that isn’t a necessity (Scholastic book orders, buying breakfast at school, all toys, etc.).
I’ve been using FamZoo to automate this for me and I love it. I especially like that it’s a card-based system for the spending portion of their allowance so that they learn that spending on cards is still money.
“Some of our favorite things: Common Sense Media and FamZoo.”
“FamZoo is such a great app for allowances and teaching kids about money! It has finally allowed us to have a consistently implemented allowance plan for our kids. I love the ability to split the money among spending, saving and giving, and appreciate how easy it is to set up separate chore checklists. It is also easy to use when they want to buy something.”
“This is a great way to give my teens allowance. I have direct deposit from my paycheck and automatic transfer every Friday. They can check their balance on the app, while I can monitor their expenses. They can do chores for rewards and all can be tracked in the app. Highly recommended!”
“We love this service for our family. A great way to teach your kids about managing money and also a highly functional way to make it easy for parents and kids to exchange funds for every day needs. WE highly recommend FAMZOO! The customer service is also amazing and very timely. Give it a try you will not be disappointed.”
“Game Changer for Family Finance. This app and money system has been a game changer when it comes to our family finances. My kids are now doing chores and extra activities around the house regularly becuase they know money will be added to their card. They pay for snacks and other necessities, which I believe is making them more aware when it comes to money.”
“#SuperGirl Amina puts aside 10% of her weekly allowance to give to GrassROOTS Community Foundation. Today, she gave $42.70; auspiciously she had saved an amount divisible by 7. Choose www.grassrootscommunityfoundation.org/invest this #GivingTuesday.
Much love & appreciation for FamZoo for giving us the tool to make it possible via their platform & Mastercard prepaid card. Love it when my worlds come together.”
“FamZoo has been life changing! Not only for kids’ allowances, but also for hubby and I to have our own spending accounts clearly visible.
We have always utilized a single bank account and trying to track spending and budgeting daily life was getting to be too time consuming and confusing. Now that I can clearly see my spending account AND have a separate card to use, it is perfect! I have money auto transferred into FamZoo and automatically allocated out each month.
When I’m shopping with the kids and they make a purchase, I transfer it out of their accounts before leaving the store so they can see it happen. No more trying to remember who owes me what and collecting piles of pennies.
We even made a family decision to go out to dinner a few weeks back and split it 5 ways! 😀”
“We switched to FamZoo from cash for our kids’ allowances and could not be happier.
With Famzoo, we split their allowances into 3 accounts: spend, save, and give. No more envelopes and attempting to count change.
I love the daily “checklist” we use to pay their allowance on (Didn’t do their chore? Don’t check that day and they don’t get that portion of their allowance).
They learn good spending habits, and we, as parents, can track what they’re spending their money on.
It’s easy to use, and customer service is speedy, kind, and knowledgeable. I’m so glad we found Famzoo!”
“Amazing company with amazing customer service. 5 stars!”
“For me this is one of those products that parents will wish they had known about earlier when teaching money habits on a day to day basis.”
“If you want to give your kid an allowance and help them learn money management & banking skills at the same time, check out @FamZoo. TL;DR your kid gets a prepaid debit card that they can’t overdraw. Got $1.00 in the account and try to spend $1.01? Nope! I ❤️ this so much!”
“This has been a hugely powerful learning tool for the kiddos. I also love not feeling guilty when I’ve forgotten to hit the ATM on allowance day.”
“Not only do I use it for my children, my wife and I use FamZoo to help our budget. Seriously everyone should look at this as an option.”
“We’ve been using FamZoo for a year now with our 8 kids. After using envelopes and cash, we thought ‘there’s got to be a better way’. A little research uncovered several options out there. After comparing features and cost, we signed up for the free trial of FamZoo. It had everything we were looking for, plus many unexpected extras. We loved it so much that when the free trial was up, we subscribed for the maximum available: 2 years.
Several months in, we switched our older kids’ spending accounts over from virtual ‘IOU’ accounts (which just track numbers) to debit card accounts (with real money behind them). This was one of those bonus extras we weren’t really looking for, but figured we’d give it a try. It didn’t take long to wonder why we didn’t do that sooner (there’s no extra cost).
When we saw how easy it was for the kids to keep track of their money, we decided to start giving ourselves a little allowance in FamZoo too, since our eating out habits were a little out of control. FamZoo not only helped keep our kids money organized, but provided an easy way to rein in our own impulse buys.”
“Another great tip. I swear, @FamZoo has every great tip ever.”
“We love FamZoo. The kids love to pull up the site when they get paid. Easy for them to see what they get for their allowance without having to open their piggybank when they need cash.”
“Great teaching tool. Started our son with a small allowance and a bit of Bank of Dad interest rate when he was seven. You have to let your child make their own decisions about when to spend the money in their account, so they have the experiences both of spending too much and the experience of saving and watching compound interest work. Our son is now ten and saves most of his allowance.”
“I’ve used FamZoo for probably 3-4 years now and I love it. I’m a firm believer in teaching kids about financial responsibility early and FamZoo is a GREAT tool. If we are out and they want to buy something, they know exactly what they have and we can see the history in a moment.
I’ve had a couple of occasions when I’ve had to contact FamZoo and their customer service is super responsive, friendly and helpful.
I think VERY highly of FamZoo and would recommend without ANY reservation. Thanks for what you all do.
BTW - their newsletter (free) is fabulous!”
“If you are looking for a way to help your kids manage their money, @FamZoo is a great place to start. Check it out.”
“We’ve been using FamZoo for years, after several failed attempts to give our kids an allowance. (Never had cash on hand, would forget, they’d ‘borrow’ in advance and no one would keep track.) The app was helpful in managing all that, but is even more helpful now that they’re teenagers and using debit cards. It’s a much easier way to give them a level of independence while still keeping an eye on spending habits. It also offers insights how to help them learn good habits, which is ever more important as they get summer jobs, etc. I’m really grateful for FamZoo’s customer service, which has made card set-up and trouble-shooting pretty painless. As someone who could have learned a few lessons earlier, I’m really trying to send my kids into the world with a high level of financial literacy. This stuff isn’t taught in school, so I’m hugely grateful to FamZoo for helping us bring it home.”
“This is a wonderful program! FamZoo absolutely helps me manage my family and teaches my kids about money, allowance, chores, checklists, savings and so much more. I highly recommend this program and the cards!”
“So, I realize that FamZoo is about teaching children financial responsibility. It was my sister-in-law who told me about FamZoo, and I signed up for my kids to use for their allowance. However, after many months, I decided that this was a good step for me also. I have a set budget deposited each week on my FamZoo debit card. I also take money from that card to put on a savings card for bigger things I want to save money for. This has been a great decision for us, not only for my kids who take responsibility for their own purchases, but for me and keeping on a budget. I would absolutely recommend this.”
“I love that FamZoo is helping me teach my kid how to be financially savvy. It will be able to grow with him from managing allowances when younger (automated, split between save/spend/donate, incentives for extra chores, etc) and then eventually we can get into having his own prepaid card when he is older and helping him learn about budgeting, investing, etc. TOTALLY WORTH IT!!!”
“Great app. This has saved me from having to remember IOUs for my kids for chores. They can let me know what chores have been done and get paid right away. They love having a debit card to use and having access to their money. It’s a great way to teach kids about finances and saving money.”
“We have used FamZoo to provide our kids with debit cards. We didn’t want to give them ATM/Debit cards that have access to their whole bank account balance and savings. This is a great service that links all of the family cards and I can instantly move money to my kid’s card when they need it. Great for allowance, trips with friends, ski trips, etc. You can also create chore lists with $ rewards. I’ve never seen my kids respond quicker than to claim the “reward” for doing odd jobs around the house. A great product/service that is well thought out and well managed. Thank you!”
“Been very happy with FamZoo! My daughter was away at camp across the country for five weeks. First time on her own. I had used PayPal with my son a few years ago, but they no longer provide a refillable credit card. It was quite easy, and free, to transfer funds from my bank. Once she got used to a credit card, I had to make quite a few transfers!”
“Our family has been using FamZoo for about a year now. This is by far the easiest/best way I have found to keep track of our children’s money. Keeping track of their money allows them more control and a better understanding of how money works. If they ask to buy something I let them decide based on the money they have (we easily keep track on the app). They are making better decisions as a result. Teaching them how to manage money on their own is the goal, and this app helps tremendously.”
“Unique set of tools. I’ve loved the rich compilation of knowledge and tools in FamZoo. Their prepaid debit cards are just what our family was looking for as our girls learned about money in a hands-on 21st century approach!”
“We find it extremely useful... makes it extremely helpful for making my kids allowance automated so I don’t have have to think about it... but there are limitations...such as how the card is funded... free to put money in if I use paypal which is a bit of a PITA, only comes in Mastercard (some stores only accept Visa), does not seem to work on Amazon to make purchases & no chip reader. [See FamZoo response] We have tried other options such as the Serve card from Amex and my bank debit card, but keep coming back to this card. There is a fee which makes it more expensive than the bank debit card — however, we stay because the web interfaces is much easier to use and feature rich than both Amex and my bank. The kids are, at this point used to this card. Comes in handy for situations such as my daughter went on vacation with some friends and while on vacation happened to have the opportunity to go shopping for school supplies at staples. The card made it so easy to reimburse her Staples expenses and slide some more money into her account to cover her ongoing vacation expenses. It is a useful card for my kids to use... When the kids go to to town to hang out at the soda shop with friends, she is confident to purchase a snack and soda without having to worry about carrying cash... or she can skip the snack and save the money in her savings for a car she is saving up for... allows her to make these types of decisions — which is very healthy. She can add her babysitting money and summer job money (through my Paypal account) and the website allows me to set up a savings account process for her which for every dollar she saves, I put in 50 cents — which encourages her to save more. Its very useful and automated which means I don’t have to spend time thinking about this stuff.”
“We love FamZoo. This app allows my children to know how much money they have. When they want to buy something or go somewhere, they think twice when they see it come out of their account. The app is easy to use!”
“Famzoo has been a huge win for our family. It has made family money management easy.”
“Love this app. We have been using the app for over a year, and had a great experience. My kids absolutely love it. Highly recommended.”
“We’ve used Famzoo for over 2 years and it is simply great!”
“Incredible site and app. I can see it working as my kids think carefully about their spending decisions. We’ve been using it for two years for our now 13 and 10 year olds. Can’t recommend it highly enough.”
“Love, love, love FamZoo!!! It has kept me (mom) more organized and on top of allowances and has kept my kids motivated to earn and save money. What a great tool and well worth the small fee to use it!”
“We’ve used FamZoo for 4 years, and it has been an amazing learning experience for our now 13-year-old daughter. She has learned how to budget her money, how to set savings goals, and the power of compounding interest. We treat FamZoo like a ‘real’ bank account, and she is gaining invaluable experience in how to manage her money in the real world. I highly recommend it!”
“We LOVE FamZoo! Our family started using FamZoo almost 2 years ago. We love that our children can see what ‘Can I have that?’ really means. Sure! But, it will come out of your account... This always makes them think twice! Teaching them financial responsibility at an early age can never lead them astray! Thank you FamZoo for making this possible...and easily possible at that!”
“Exactly what is needed for a range of kids from say 9 to 18. Even without the extra tools it’s worthwhile.”
“If your kids don’t have chores, you’re doing more than your fair share as a parent. If you decide to reward them for their efforts and teach them financial responsibility, then you need this service.”
“This system has been very helpful in teaching money values into my kids at younger age, plus they get the grown-up feeling to swipe their debit cards at the cash register! Plus their support team is SUPER quick. Within minutes of sending an email, you get a response and many times a call from a friendly-U.S. based rep who will take the time to walk you through everything.”
“What a wonderful system, and Bill is awesome! He actually took the time to CALL me about a question I emailed on a SUNDAY! WOW! The system was just what I was looking for and beats trying to do this in Quicken.”
“Have you checked out @FamZoo? Absolutely love the prepaid card method.”
“We LOVE our FamZoo accounts!”
“Your cards are probably the best system I’ve seen for [weaning the kids from the family wallet].”
“This card was very easy to get and easy to fund for the whole family. Best of all, your minor children can have their own card under your supervision. I like it. It doesn’t hurt to try it. It’s one of the best prepaid cards I have seen so far, so give the FamZoo card a try. I can even monitor my 19 year old’s spending. My 14 year old has his own card. Amazing, starting a child off young with financial responsibility.”
“I love what you’re doing. It’s making a difference in my family for sure. My daughter has been using FamZoo this summer as a vehicle for saving up for a mac book. She’s 81% away from her savings goal of $999.00.”
“Love my prepaid cards for all 3 of my kids ages (9, 7 and almost 4). However, my almost 4-year old doesn’t understand the concept of electronic money at all. I use it anyway for her as well to be consistent, and because all of my other methods of trying to remember to give allowances regularly failed.
FamZoo is by far the best allowance system out there for busy moms that
- don’t use cash regularly and
- are forgetful about giving allowances.
I absolutely love it!”
“FamZoo has been an exceptional tool for teaching my daughter financial responsibility. Chris personally reached out to help resolve questions within hours. Thanks FamZoo!! You’re 5 out of 5 stars in my book.”
“We have been using FamZoo for a year and a half and it has been a great decision for our family. We went with a chore chart and commission approach for a couple years without consistency. My wife and I simply were not able to keep up with paying for chores earned AND we regularly forgot what chores were completed and which were not. We heard about FamZoo from a friend, who uses it along with the debit cards for his three children. We went with the complimentary trial before signing up for the two-year option. It has kept us and our children honest about what is being done with chores and provides the accounting needed to add funds and take away funds from the account. In a couple years, I anticipate moving to the debit card option to provide my girls more control over their account.”
“We have been using FamZoo for over 5 years. We put our kids’ allowance on the card and they can check the balance on their phones while we are at stores, figure out if they have enough money to make a purchase, without asking me. It’s a great way to teach them to handle $. It’s unlikely our kids will write very many checks in the future. They LOVE their cards and feel a great sense of responsibility, just having their own cards. I would highly recommend FamZoo to every family looking to teach your kids financial responsibility.”
“I have been very happy with FamZoo and decided the annual fee was well worth it. I never used to remember to give the kids an allowance, never had their money with me when I was out shopping and they wanted to buy something, and consequently the amount of disposable income they had was quite a mystery. Now, the allowance gets deposited automatically and is split 50/50 between spending and savings. When we are out, if they want to buy something, we can easily check to see how much money they have. If it’s not enough, the gimmes usually go away without a fight. ‘Oh well, looks as though you don’t have enough money in your account...’ Money from gifts also gets split and is labeled so we can go back and see where their money came from (and where it went since I label what they spend it on). I also reward savings with interest, encouraging them to move additional spending money into savings. I had opened a bank account for them at one point, but never managed to take them to the bank for deposits. This teaches them the value of savings without the hassle for me.”
“We have been using FamZoo for the last two years, and it has been FANTASTIC! We have set it up to tie allowances for our two teenage sons to weekly chores, and that has greatly simplified our lives. No more arguments about how much they should earn. We also set up ‘Moneymaking Chores’ for opportunities to earn additional money on top of their allowance as well as ‘Naughty or Nice’ checklists to help discourage/reinforce bad/good behavior. They can watch their savings grow in interest bearing accounts, and we have set up ‘Double your Money’ accounts for them to help save spending money for special items they want to purchase. It’s very simple to use, and the customer service is superb. Sign your family up today!”
“We’ve used FamZoo for over 2 years and it has been great. Our kids can manage their own money and we can keep up-to-date with allowance when we don’t keep much cash. They are able to make their own purchases in store and online. Love it and recommend it to other parents I know!
Updating my review because of awesome customer service I received! Had a question and posted on FB which got an almost immediate response. Followed up by a phone call from “Chief Dad” after which he spent time looking at a transfer option and called me back with an update. On a Saturday afternoon. How much better could it get?”
“We’ve been using FamZoo for several years and we LOVE it. My children have a much better concept of how money and real world financial concepts work because we have used Famzoo.”
“Our family LOVES Famzoo!!! We have 4 kids from age 9-14 and they love the freedom of having their own money. We could not be happier with how easy it is to set up, use, and pay. My kids all carry their own cards and will even ask us to transfer money to each other as they pay other members of the family for things. Give FamZoo a try and you will love it.
BTW....their customer support is incredible. Quick to answer any questions that come up.”
“We have used FamZoo for several years and it is the best. It allows my kids to manage their own money and be accountable for their chores, plus I don’t have to carry around cash to pay them, which before I would often forget to do for weeks. Customer Service is always very friendly and helpful whenever I have had a question or needed help. I couldn’t be happier! I just wish they had an app for Android users.”
“This has simplified allowances for our six (count ’em) kiddos. I’m grateful. When the kids hope to buy something extra, they ask for their debit cards. And they watch the balances go up and down depending on their own choices. It’s a big win-win.”
“I’m cheap and tend not to pay for tools that I can get for free. FamZoo is one tool that is worth paying for. We’ve used it for years and it’s been fantastic for our family. It’s more than just a ledger — the automatic income splits and chore lists are fabulous!”
“Love FamZoo. My son is a at that age where he wanted to buy things online ( music, games, etc.). FamZoo has been a life saver for allowing him to manage his own money. No better lesson, because he could spend it at anytime but saves for long term goals. (He even has an emergency fund LOL)”
“Hi FamZoo, thanks for giving my family a way to learn dealing with money and being responsible. It really works well for us.”
“FamZoo has been a great tool for our family. Setting up bank accounts is a total pain for kids (and parents) and the tracking tools are awesome. FamZoo is a big part of financial education. It is also fun!”
“My teenage daughters and I have used the FamZoo debit card and app for about 3 years. It’s a great way to distribute money to my girls in my often cashless life. Money goes directly from my paycheck to them, and I am easily able to electronically transfer additional money that they may need. I can get money to them whether I am in their presence or far away. Love it!!”
“I have been using FamZoo for the last year or so and I LOVE it! Both of my kids have debit cards that are funded by me through their weekly chores, gifts, and one-offs as needed. My problem was that I never had cash to give to the kids and now I don’t need it! I can shift their money around from save, share, spend so easily. Their spend account IS their debit card. It’s a great way to teach my kids about money in a safe secure way! Thank you FamZoo!!! I wish I had you found you when they were younger! :-)”
“FamZoo has made it so much easier for us to help our kids learn about fiscal responsibility. We really needed something to help us be consistent and organized with paying allowance and taking money out of our kids’ ‘accounts’ when we were out and about and they wanted to buy something. Now their allowance is credited every week automatically with a set percentage going to charitable giving and savings. When they want to make a purchase, both my husband and I can easily record the purchase using the app on our phones, and the money is deducted from their spending account, and the purchase is recorded. If they want to know where they spent their money they can simply log into their account and find out. Love this tool! It sets a great example for them of being organized with finances and has really taken the stress out of keeping track of their money.”
“We love FamZoo! Prepaid cards are awesome for kids keeping track of their spending and frees mom and dad from the inevitable ‘Can I have some money to buy xx?’ Allowance splits and automatic deposits keeps me sane! I don’t have to keep track of ‘Did I give you your allowance last week? What about the week before?’”
“We have only been using FamZoo for the past 6 months or so and we love it! My 17 and 13-year-old girls love that they have their own debit card and that the money they have on it was earned by them. We use FamZoo to compensate our children for chores, babysitting, or when they have cash they give it to us and we put the money on their card. It has helped them learn to save, only spend what is on the card, etc. It is a blessing to be able to teach our children, young, that they cannot buy what they don’t have the money for. My 13 year old saved enough money to buy herself a pretty pricey item for her age. She was very proud of herself when she was able to finally make the purchase. Thank you FamZoo!!”
“Love FAMZOO...great for my teenagers at home and while travelling abroad. Worked really well for helping my college student live on her budget — we provided an allowance, and she allocated in categories for spending, food and sorority expenses. As she earned money, she figured out how to balance spending and saving.”
“We have been using FamZoo for many years, and we credit this app with our sons having great money skills. If we are out and about, and they want to buy something, I simply look at the app and tell them how much money they have. Then they decide. They have made some poor choices, and have learned better decision-making as a result. That is our goal — have them make some mistakes when they’re young, and it’s only $20 on the line, rather than when the stakes (and $$$) are higher. This is one of my most important apps.”
“This is a great product. Nice thing is I can add their routing numbers & acct #s from their Zoo cards and set up allowances from my paycheck to their cards for FREE! I get to see exactly what they buy and when, plus I can block it for a day, week, forever...and unblock it immediately when I want. Most reasonable option out there!! Plus the kids feel so grown up with their credit cards.”
“FamZoo is great for our family. We’ve been using it for chores lists. When the kids complete a chore, they sign it off on FamZoo and immediately get paid for their work. It makes them earn the allowance rather than me just giving them money. Also, it’s a very inexpensive Debit card! Thanks FamZoo!”
“Easy to use, and a great way to teach our kids how to save, spend, and give.”
“Love using FamZoo. It makes keeping track of how much my kids have so much easier. Also, love that the kids get a summary every week of what is in their account. I also love that you can setup different sub accounts. Our kids have found good ways to use their charity money as they watch it grow in their accounts.”
“FamZoo has really helped us turn allowances from hassle and conflict into responsibility and independence. Once set up, administering and transferring funds is quick and easy. The record-keeping is there for all to see, so no more arguments about whether the kids have received their allowance or not. And the kids are enjoying the independence of having their own debit cards. FamZoo has been a fantastic resource for both parents and kids!”
“Sane, convenient, logical, educational, economical, socially responsible, and worth every penny. The economic educational resources of FamZoo are exactly what we needed for raising a fiscally responsible child. Convenient, since our son’s allowance doesn’t have to be on my ‘to do’ list every week. Charitable giving is built in to the account, but the choice of charities is between child and parent. (Another site I looked at had direct links to selected charities, raising red flags about the site’s ulterior motives.)”
“We have used FamZoo for more years than I can count. We haven’t even touched the tip of the iceberg of what this app will do, but what we have used has made all the difference. Before FamZoo, it never failed that we’d be out shopping, and the kids forgot their allowance, and so I had to pay for it and remember for them to pay me back. Or we didn’t have cash to give them each week, and it was a headache keeping up with who had how much money. Enter FamZoo, now we go to a store, my kids ask how much is in their account, we check the app, and they can buy what they want. No more manipulating or wracking my brain to remember how much money I owe them or they owe me. When they get birthday money or gift cards, they cash them out with me, and I add it to their account. Basically, I’m their bank. My oldest now has his own "real" checking account and he already knows how it works b/c he used the FamZoo account for so long. What a great teaching tool! And no more money headaches with my kids. Thank you for FamZoo! I recommend it to everyone I know.”
“I cannot say enough about the customer service! They have responded to my inquiries immediately (often with a live voice!). Regarding the program: I love that I can lock the card immediately (we have already lost one, but no worries about the funds since I locked it). My kids are motivated to do chores and are learning how to manage their money by doing (not just me telling).”
“We have 7 kids and I’ve used FamZoo for 5 years to track their allowances. Highly recommended!”
“FamZoo is brilliant. It essentially works ads an ‘IOU’ system, with credits and debits (not an actual account with money in it). We have 4 kids and it makes managing allowances and purchases so simple. When we are in Target and my son wants to buy a Lego, I click on one button on the app and he can see how much money he has in his account — no more forgetting money at home, loaning money to kids and forgetting etc. I can deduct $10 from his account in one easy step.
You can set up allowances to auto credit, and even divide between spending/savings/giving or any way you’d like. It has enabled our family to shift decision making to our kids so that they can easily see and manage the money they earn through chores/receive as gifts. Highly recommend!”
“6 kids — I never thought I could manage allowance and chores; let alone savings and spending. My kids (even my 7 year old) understand financial consequences. Just Amazing :-) Lost cards, they ARE still kids, replaced with a simple phone call. Love FamZoo!”
“I am the mother of three teenagers, a licensed therapist, and I am a public school social worker. We have used FamZoo for several years now, and it is the most amazing learning tool for financial and money management for children. There are three separate reasons why this program is amazing. One — it is wonderful for emergencies — like if your 16 year old is about to run out of gas, or your 13 year old is at the mall and sends you a picture of tennis shoes she will actually wear — you can put money on their FamZoo MasterCards from your phone. My oldest is now out of the house and off the allowance plan, but I will put money on her card for medical co-pays, books, and an occasional haircut :-).
The second is that this program is such a time and energy saver for parents. I tried to do allowance with pencil and paper and calendars and little stacks of money and had little ungrateful angry people if I forgot a detail. I give my children $.50 per year that they have been alive, per week. So the 14 year old gets $7 per week. We have set the splits at 50% spending, 40% savings, and 10% charitable donations. ($3.50 / $2.80 / $.70). The spending portion gets put right on a refillable FamZoo MasterCard with their name on it, if 13 or over. If under 13, it has their name and yours. My kids’ allowance is not tied to any chores but this week I have been playing around with the chores list on FamZoo and adding some incentives and fines for not doing chores. You first fill your parent MasterCard which is the ‘bank’ for the kids’ accounts. All money is virtual except the money leaving the parent bank and the kids’ ‘spending’ portion.
The third reason this is amazing, is for the financial learning it provides to the kids. You set the interest rate on their savings portion. Children can ask for loans, pay them back in installments, set budgets, set short-term and long-term goals, and they can send quick money requests like, ‘Mom, I just picked up milk for $3.39. Can you pay me back?’ My youngest has sent, ‘Please send $1,000 because you love me’ Some requests get denied :-).
Anyway, kids can go online to check and reconcile accounts, set alerts, request money, almost anything an adult would do with a regular bank. This is an incredible learning tool and costs next to nothing — besides what you are willing to give in allowance. They even have a referral program, so if my write up helped, please use my referral code when signing up!”
“Great product for teaching kids how to manage their money.”
“We’ve used FamZoo for six years now. It’s been a total game changer, and had easily saved us thousands of dollars. Before FamZoo, we struggled to let kids spend money when we were out shopping. We had to guess how much they had in their piggybanks, remember to deduct that when we got home, and (hardest of all) convince the kids to physically put their money into their piggybanks. The result was that much money got lost and wasted, feelings got hurt, and mom and dad got fit to be tied. FamZoo changed all of that. Kids are happy, we never have to guess at piggybank balances, money never gets lost. Then we tried paying interest and watched the light bulbs go on in their eyes (most of them). Hugely valuable lesson. We haven’t tried the debit cards. Our problem is already solved without them.
Oh, and another tip: have you tried mvelopes or another online budget tracking system? Well if you’re a FamZoo subscriber, you can just create a new family member called ‘budget’ and give that person one account for each envelope you want to track (groceries, etc.). You can setup monthly ‘allowances’ to automatically load the ‘envelopes’. Now both spouses have up to date expense tracking and remaining balances, but can pay with whatever is convenient. That’s worth the price for the FamZoo subscription right there. We’ll be using this long after the kids are grown.”
“Cannot speak highly enough about this kiddo money management eco-system. I’ve raised all 3 of my girls on FamZoo, and two are now investing in the stock market!”
“Wonderful app for teaching kids about money and for keeping track of kids’ allowances and spending. Before this app, I was managing envelopes full of cash and coins! This app is really convenient and easy to use. I like being able to automatically send part of my kids’ allowance to separate spending, savings, charity accounts. When my kids are a little older, we’ll definitely order the prepaid cards. I also really appreciate Bill’s blog and have filed away several finance topics to revisit later! Well worth the small subscription fee. Thanks, FamZoo!”
“I have been VERY happy with FamZoo. Whenever we have had an issue or question, I get an immediate response. You just don’t get that kind of customer service anymore. I am highly impressed.”
“Huge help for keeping track of allowances, purchases, and savings.”
“I love the convenience of the FamZoo app. I can easily and super-quickly transfer money to (and from!) my children, wherever they are. I also really like the ability to split allowance distribution in any way — we use ‘charitable donations,’ ‘longtime savings,’ and ‘spending,’ but I think you can do whatever works for you. Finally, it’s easy to do an audit of spending when the kids are feeling poor!”
“I am so thankful for the FamZoo account and cards as they allow me to help my grandchildren who live out of state without costing excess fees. Their customer service is the best I’ve encountered. They are friendly, informative and helpful and they always respond in a timely fashion to any questions I have.”
“FamZoo is fantastic! We use it almost daily, and it has solved all our allowance issues in keeping track of who earned, spent, and was paid what and when. Took a little tweaking to get it just right for our needs, and now it’s perfect!”
“Not just for children! FamZoo has helped my fiance and I use the envelope method for budgeting on hobbies. With a weekly allowance we can save, donate, and spend guilt free money all within a shared budget.”
“FamZoo is a surprisingly powerful tool for managing allowances, providing debit cards for families, and tracking expenses. It’s become an essential part of our family’s economic life.”
“After using the Paypal Mastercard and the Nickel app for my kids (and watching them both go out of business), I’ve been impressed with FamZoo’s reliability and comprehensive feature set. Definitely recommended for anyone looking to enable their kids with a safe, secure way to manage their money.”
“An excellent app that we’ve used for a few years to help our kids (and us) manage allowances. Allows kids to set goals & monitor those goals. It has a % option for savings, tithe, etc. that you can set up with automatic ‘payments’ into their accounts. My favorite part is that I always have my phone with me so if my kids want a pack of gum, for instance, I just subtract the $ amount from the app right after checking out — no more forgetting! My preteen is getting old enough that we have talked about getting the prepaid card option to give her some independence and help her develop her financial skills further.”
“We have been using this for our boys for about the last 6 months. I absolutely love it. It is so nice to see where they spend their allowance and gives them the confidence of having a credit card (actually a debit card). Transferring funds is incredibly easy between accounts. Even they are able to look back and see that they need to cut back on some expenses. Definitely worth it.”
“Helpful for teaching our tweens about money. When they want to know how much money they have, they ask ‘how much do I have in FamZoo?’ We use the auto-debit feature to ‘charge’ our son for his monthly cell phone fee. As they get older, we will take advantage of more advanced features.”
“My teens are getting real-life experience managing debit cards, bank accounts, and budgets. I wish I would’ve had this kind of financial education as a kid!”
“We love FamZoo... it’s so helpful, prompt with issues that arise and better than any other prepaid card for teens and children and family out there!”
“I have used FamZoo for the last couple of years. It transitioned my teens from spending MY money to budgeting THEIR money. It has allowed me to teach them how to budget and to manage their money. I believe it saved me money and gave my kids real world skills.”
“Excellent product. Makes kids’ allowances easy. Have used it for about three years now.”
“Our organization operates foster homes for at-risk teens in Florida. We utilize FamZoo as a financial literacy tool to distribute and track allowance spending, create work opportunities, and establish savings goals. It’s a powerful and easy to use tool, but more importantly, it’s run by a passionate group of people who care about financial literacy. Thanks FamZoo!”
“Parents, any one who knows me knows that I am not a big shopper and am certainly not a big promoter of products. Generally, I think that kind of thing is pretty boring. So when I go out on a limb in a public way for a product, it is because I REALLY THINK YOUR LIFE WOULD IMPROVE by using it. Now, I have to admit, I didn’t know about FamZoo.com until my kids were too old to introduce it, but HAD I KNOWN, I'm pretty darn sure my review would echo ReggaeGeek’s (and, no, Bill Dwight is not giving me a kickback for this)”
“Awesome App & Even Better Service. We decided to wait until we had used the service for a full year before writing a review. I renewed our subscription for 2 more years today. I can’t even imagine going without FamZoo anymore. Both of our kids (age 12 & 14 now) LOVE their FamZoo accounts. The transformations in their money matters over the last year have been incredible. I cannot understand why every parent does not have this service. The customer service when we needed help has been above and beyond great! I would not want to ever have to go back to passing out cash to our kids...ever.”
(Editor’s Note: This is just a very brief excerpt of the full review, which is epic in size and detail. See the full review here.)
“Love these cards! The transfer really is instant (ask my son who didn’t have enough to pay the pizza delivery guy).”
“I was so proud of my little one that wanted to donate from her spending $ to the National Wildlife Foundation. She saw how much was in her FamZoo account and realized what she really wanted was to help animals like in the Ranger Rick magazine.”
“I have to give a big kudos to Bill Dwight and Chris Beaufort at FamZoo. Super impressed with the level of customer support that they provide. Great job FamZoo!”
“I absolutely LOVE FamZoo!! I’ve set up a 4-bucket money sys for my kids, I can tie in basic expected chores, extra earnings options, saving, emergency, and spend now, and teach them finances so hopefully they are far smarter 20-somethings than I once was. Totally recommend for anyone with kids 8+. I direct deposit from my paycheck, manage online, easy peezy.”
“Recently began using these with the kids after hunting for years for the perfect setup. So far they are loving their plastic and their paychecks.”
“I have been looking for something like this that is automatic and simple. I love it so far. Before, I would never remember to get cash and my allowance system would always flop. Now, I have an automatic transfer from my bank account every month to my card and it transfers money to each of my 3 kids weekly, putting some in spending, saving and tithing. I keep the cards in my wallet all the time, so when they’ve asked if they can buy something, it’s simple. My kids are 9, 6 and 3 and my 3-year old doesn’t totally get it, but she asks if she has enough money for some toy and I can tell her yes or no after checking the balance. Also, I want to teach my kids that cards are money too, just like cash so that they don’t get in trouble with credit cards later in life. I think it’s super important for this generation that will see less and less cash transactions.”
“We still love FamZoo. Best option for allowances and teaching children about money.”
“@FamZoo has a large and rabid customer base and a tightly integrated app and debit card.”
“Had a wonderful interaction with the Chris at FamZoo today after noticing a concerning transaction on my son’s card. We quickly confirmed what had occurred and it was taken care of, but I was much more impressed by how quickly I was contacted and how polite and personable Chris was!”
“Brilliant family tool. We use this app to track our kids’ allowances & teach them about banking. They make their own deposits & withdrawals from their family bank accounts. Can’t wait to try the prepaid cards soon!”
“Fantastic Family Finance! We love FamZoo! The kids can manage their own cash from the app right on their phones. No more, "Hey mom, can I have some money for..." Loans & interest, chores & allowance, IOUs, savings and cash — it’s all right there. Learning together as a family at Bank of Mom makes me feel confident my kids will be ready for the real world of banking & finance when they are older. And, mom’s fine print is so much easier to understand! Thanks FamZoo!”
“Amazing how this card has changed my daughter’s spending habits! Very pleased with the outcome so far!”
“Awesome Piggybank for Kids. We’ve been using FamZoo for 3 1/2 years ... it’s a great way to manage money for the kids. Now that our girls are in middle school, they regularly check how much money is in their accounts. Being able to automatically deposit weekly allowance is like getting a paycheck for kids. And being able to take out money for spending gives them control over their own finances. This app has enabled us to put a monetary penalty on bad behavior, it’s teaching our girls how interest is earned on money in savings ... “it pays to save” and it gives our girls a start on thinking about charitable contributions. We couldn’t imagine managing kid’s money without FamZoo. Love it!!!”
“Modern Approach to Piggy Banks, Jars, and Chore Charts. We were first exposed to FamZoo when we went out to eat with family friends and each of their three kids were responsible for buying their own meal. As a busy family of five they are out frequently and used the debit cards from FamZoo as a way to teach their kids the value of a dollar. We took the plunge about 9 months ago and have found it to be an effective way to track chores, implement penalties, and give our daughters (8 and 10) visibility into their accounts as they save for bigger purchases. We also use this approach for their weekly tithe on all they earn to separate into spend, save, and give categories. We tried all the manual approaches and never stayed with them long. This has been a great app to teach our kids more about money and responsibility.”
“FamZoo is a tool that has made my financial relationship with my kids so much easier.”
“Perfect for our needs, and then some! This app has completely solved the problem of tracking who did what and how much I owe who. This app is simple to use yet has some complex tracking abilities if you wish. Both of my boys, 10 and 15, love that they can see what they earned when they perform a chore, and how it adds up. I highly recommend this app!”
“Awesome. Great tool that allows me to be intentional about teaching my boys about money and not waste my time chasing down change.”
“Best option for kids. After the PayPal student program discontinued (November 2016) we were on a search for an alternative. So far FamZoo didn’t disappoint! Best service support (had issue linking to PayPal account and they helped resolve), very friendly mobile app and website very easy to use and plenty of reports and options to choose. One minus: one day wait for money to be loaded from PayPal but that’s if you only use PayPal as your loading option, there are other options but most not free unless it’s direct deposit from your paycheck.”
“Great app for helping our kids to understand finances. We’ve used this app and service for several years now. It’s helped our kids understand how to save for long term goals and put aside money for charities. When they were younger, it was also a great tool to curb wanting everything at the store. I would just pull out the mobile app and show them how much they had left in their short-term savings and the “want” would end. The app itself isn’t the most feature rich app I have but it does what it needs to and ties into a great service.”
“Great Product and Support. I have been struggling with a solution to allowance. This does it all. Teaches fundamentals and makes managing balances and cash painless. Great app and family solution.”
“Highly recommend!!! There are a lot of great lessons learned by my kids from this app. It is easy, the kids love it, and it gives them real life experience managing their money.”
“Very helpful. This app is terrific! I can load in chores for each of my kids and assign due dates, value, repeat schedule. It tracks their balances and automatically divides their allowance into different accounts.”
“Great program!! FamZoo is much more than an app. It’s a complete program to help your kids manage finances in a logical, responsible, and fun way. I used to use a PayPal child card for all my kids, but PayPal cancelled the entire student card platform. In steps FamZoo, and it’s even better. 5 stars!!”
“Great Family Finance App! I use FamZoo to manage my son’s weekly allowance and saving goals. He has the freedom to use his debit card with the balance I manage.”
“No more allowance guilt. I struggled every week to have cash to pay allowance, so mostly it wasn’t paid. Being young, my kids didn’t really care too much, but they also weren’t learning how to handle money either since I’d often give in and buy that trinket out of guilt knowing that I owed them allowance. FamZoo has totally solved that problem since the money is effectively virtual. I literally can’t forget to pay it since it is automated and I never need to make change. My kids are now engaged with learning about finance with the tools to track saving, and we get to talk again about the useless stuff they spend money on when we review their spending every couple of weeks: “So here’s that $2 you spent on the funny pencil. Do you think that was worth the money? (And, by the way, do you even know where it is?)” Tip: check out the blog from the earlier days of the app as well as the associated Family Finance Favs blog for some great ideas about how to get more from the app (love the “could have earned” account where we note how much was spent on stuff that just wasn’t worth it as well as jobs they passed on so they can start to connect long term financial effects to short term decisions) and how to approach finance education with your kids.”
“Great for traveling kids. It is great to teach your kids how to manage their money, but it’s also great if you have kids who travel a lot without you. Sometimes my daughter has to travel with her coach or team without us and it’s cool because she doesn’t have to carry a ton of cash. Also we can set her budget and she can watch how she’s doing. We can also watch from afar and refill if necessary. Compare it to other cash cards. It can’t be beat. I haven’t had time to tap all its resources, been too busy, but I will soon. They have a ton of good ideas.”
“Go To App for Kids’ Finance. I’ve used FamZoo for many years with each of my three kids. It’s awesome for teaching financial acumen and responsibility, including things like saving, budgeting, and charitable giving. We use it with the FamZoo debit card to manage the kids’ allowance and lunch money. It’s super easy and allows parents to instantly transfer money when it’s needed. And I can just as easily take money off their cards when they leave their dirty underwear on the floor :-)”
“Better customer service. Best intentions are laid to waste if not executed upon. As my kids were younger, I planned on giving them a weekly salary and the opportunity to earn bonuses. If they earned $x.xx in a week, I wanted to split their earnings to be designated for three categories spend/save/give. Additionally, I wanted to help my young’ings understand the benefits of savings with matching dollars (I call it the 401Dad program) and aggressive interest paid on savings. The complexities of my plans made it difficult if not impossible for me to execute consistently. FamZoo has helped me set it up and has been there for me every step of the way. Their FAQs answer most questions I may have but their customer support crew regularly returns e-mail inquiries within hours. This is my first app review ever but I took the time to write this because I feel that strongly about FamZoo and the need to provide kids with financial education. My oldest just bought his own first car with his own money and my 10 year old just bought $500 in stock with some of his savings. Use FamZoo and take the time to dig into it and do it right. If you are looking for a simple allowance management system, FamZoo will meet your needs too, but I can all but guarantee you will do more with it than you anticipated.”
“Terrific app. This app allowed us to move from the physical to the digital domain pretty seamlessly. As founder, Bill Dwight, points out, it’s important for kids to undertand that digital money is as valuable as physical money and this app is a great way to do that. We also like that it’s not tied to any spending platforms. This is just good solid allowance and goal-setting training. It’s simple and easy-to-use.”
“Fantastic! I love FamZoo. This tool has been amazing. It has helped my kids to better handle money. They feel confident about how they’re earning and spending with access to the app even at age 9.”
“Our family couldn’t love this more. We use FamZoo to hand out allowances. It’s great not having to remember to come home on Friday with cash to dole out, and there’s never a question of “did I remember to pay her already?” Our kids love having the power to check their balances at any time, and we’re thrilled that they’re learning how bank accounts work while they’re young enough that mistakes don’t really hurt them. Customer service has been top notch for the few times when we’ve needed help (always because of mistakes on our end, not FamZoo’s). I’ve recommended the service to multiple family friends.”
“Love the app and the service! Setup was a cinch, service is great, my kids love having this card.”
“Simply Amazing! From jars to this app. I knew there had to be a better way. I could sing the praises of this app all day! We were using glass jars (save jar, spend jar, give jar) to teach our kids to manage money. This app has not only saved me time, but has also been a great tool to encourage the behaviors we want to see more of in our kids. My kids, ages 9 and 7, ABSOLUTELY love their debit cards and checking their balances with their devices. I can see using this program and app for years to come!”
“I use @FamZoo debit cards so my kids can earn $, save and budget for big ticket items.”
“Great tool for managing allowances. I have been using Famzoo for about two years and can’t imagine doing allowance for my three kids without it. The ease of scheduling deposits and chore lists is in itself enough for me to keep this app in frequent use, but you throw in their robust flexibility with savings accounts and exaggerated interest and you have the ideal tool for helping kids learn the value of money, saving, and doing their part to contribute to a household through chores.”
“Thank you guys! Thank you for always being a phone call away to answer questions. I have told everyone I know about it. The kids have been able to donate to our local animal shelter with the savings aspect. You just can’t teach those joys they have to be learned.”
“Great way to manage allowance. I have been using this app for several years, and I love it. No more jars of money, no more forgetting to bring cash to the mall, no more forgetting to dole out allowances every weekend. This solves all of those problems. When my kids want to buy something, I just say, “yes, let’s see how much money you have.” A few taps on my phone later, and they are deciding whether to get the latest doodad. Customer service is very responsive, too.”
“Big fan of Bill and the @FamZoo team! Signed up when our little started getting her allowance.”
“Fabulous. I’ve used FamZoo for five years to teach my three boys about money. I like that (i) I can pay their allowance automatically, (ii) their money can be allocated to different funds (we do spending, saving, and charity funds), (iii) I can pay them interest automatically on their savings, and (iv) they can pay me back immediately when we’re out and they want to spend their money on something, but don’t have it with them.”
“I love FamZoo. It’s what we use in our family!”
“Modernized allowance. This app is great. A few of the cool things you can do:
I’m sure there’s more (in fact, I know there is) but these are the features we use and love. FamZoo is awesome. Check it out!!! ”
- Pay your kids a ‘direct deposit’ just like mom and dad.
- Virtually add birthday and holiday cash/checks and then deposit the money into your own account. When the kids want to use their money, they go through you.
- Set up an age-based allowance where your kids get a raise every year.
- Have their deposit divvied up between checking, savings, and charity accounts.
“Family CEO. I can’t tell you how many times I have recommended this program to other families. We’ve been using it for almost 3 years. Children are 10 and 12. They understand real world finance so much better now, and we thank you for writing this program.”
“Great app for managing chores & finances. It takes a bit of time to set up, but it is well worth it. I especially like how when the kids want to spend $ while shopping but don’t have cash, I easily remove it from their account. Best of all, customer service is the BEST!”
“I HIGHLY recommend this app/company. We’ve been using FamZoo for 2 years now and love it! It makes allowances for 5 kids much, much easier, and is a wonderful tool for teaching kids to manage money. Fantastic company. I cannot recommend enough!”
“My FAV family finance tool. Been using this app for years with my two kids (10 & 12), love how easy it makes talking with and teaching them about money, and managing their allowance and spending.”
“BEST allowance manager! I began giving my 8 year old an allowance this year. I researched several online options and FamZoo really stood out. It’s so easy for parents to manage and let’s kids track their funds and spending. It’s a great tool!”
“Love, love LOVE!!! I love this app. As a working mom, I don’t always have cash or the time to monitor my son’s chores. I love that I can direct deposit money into my son’s account so he also learns to manage his money on a bi-weekly basis. This app has been a time and lifesaver!!”
“WE LOVE FAMZOO! This app and their debit cards have solved our struggle with allowances. The kids love checking their balances and using their own debit cards to make purchases. I definitely recommend!”
“Love this app and service! FamZoo is the only way we can keep track of our six kids and their money. Automatic allowance is awesome.”
“We love FamZoo. FamZoo has made managing money with my kids and teaching them money skills so much easier.”
“The best allowance app! I love having an app that lets me teach my kids real life money skills.”
“We have used FamZoo for a while now. We love it. My boys each have their own account and they can see their balance anytime they want. We just started loans with them. We are charging them interest and they pay us monthly. FamZoo is a great tool to help my boys learn to manage money.”
“Thank you for the FamZoo service! It has really helped my kids understand money, budgeting, and saving. It’s also way more convenient than cash for me and for them!”
“Well, you’ve made a big difference in this house! My daughter is most certainly more financially aware since using FamZoo, and she feels so proud when she hits her goals. There was much rejoicing and jumping up and down when she discovered she had reached $X in her account a few weeks ago. :) Congrats on FamZoo’s anniversary, and thank you for the great idea!”
“This is a wonderful app that enables you to teach your kids to learn financial management in a way that fits in with your busy life.”
“I recommend FamZoo to everybody. Huge fan!”
“One thing I struggled with regarding allowances, though, was that I rarely had cash on hand to give them. And that would wreck the whole system! If we were out at the mall and they wanted ice cream, but they forgot their money, I’d say, “you have to pay me back.” But then we’d forget. If that’s becoming frustrating in your house, FamZoo is a great way around it. It helps you organize your allowances online, as if the kids have a virtual bank account with you. They can track their spending and saving, and it even has a savings tool where they can make goals — like saving up for an iPod — and see how long it will take. It’s awesome.”