2025-04-13 00:00:00 mxfam is designed to be simple, helping kids manage their allowance, track their spending, and even create and share wishlists for the things they really want. It’s about empowering them to see money as a tool, not just as a reward or payment for chores, and to learn how to use it in a way that reflects their values and goals. And for parents, mxfam keeps it straightforward. No need to constantly oversee or manage every detail. Set up the allowance, let the app do the work, and check in when you need to. It’s about teaching your kids real-life financial skills, without the hassle of setting up complex plans with tasks. mxfam can be installed standalone as a kid or as a parent for their kids. It’s designed to be standalone or to be synced. mxfam is a virtual wallet and is not connected to any financial service. mxfam is NOT designed to track tasks and chores. Our focus is to make the allowance process easier. For Kids: Track your allowance and gift money—because who needs a piggy bank?