Modak tracks allowances and chores, provides a Visa debit card and banking for kids & teens, teaches money skills via games, and awards MBX points (convertible to cash) for walking and tasks.

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Modak helps parents and children or teens manage pocket money and practice everyday money skills. Parents can send funds, set recurring allowances, assign chores, and track spending, while kids use a Modak account and Visa debit card to spend and save. Savings goals and parental card controls support families as children learn to manage money. Kids can also earn MBX reward points through activities such as daily challenges and walking, then convert eligible rewards into money on their Modak card. Chore, allowance, and other family-management features may depend on account eligibility.

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