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another term white people have come up with to sound more "THUG"
WHITE GUY #1 "Damn homie i can't pay my phone bill."

WHITE GUY #2 "Its cool dawg, i just got paid its on me."

WHITE GUY #1 "You would do that G."

WHITE GUY #2 " For sho blood we're (fam bam)."
fam bam by ARYAN MANUEL April 17, 2010
Related Words

fam cake 

The group of girls with excessive cake (fat booties) that all role together. AKA- fat bootie squad
Wow, here comes MacKenzie and her fam cake
fam cake by carol effilige January 16, 2017
My fam bam is quite large
fam bam by drinking water October 27, 2008

fam prices

Short for "family prices". The term is used by hippies and music festival attendees to assure potential customers (custies) that the products being sold (shirts, jewelry, drugs, etc.) are at fair, almost family-like, prices.

However, majority of the hippies using this term sell their products over-priced and often times unreasonably high. It is a deceptive term to those unfamiliar with the Festival scene, making individuals feel as though they're getting a good deal when in reality they're getting ripped-off.

The term is very ironic, being that it is supposed to signify a person's family-like actions when selling a product; the truth of the matter is that the seller is tricking the customer and portraying very non-family-like behavior.
"I got headie boomers! Fam prices!"

"Posters, patches, shirts... FAM PRICES!!!"
fam prices by littlehemp June 14, 2010

Fam Squad/Squad Fam Effect 

When a person does something ironically so many times it stops being ironic and they are just doing it.

Reference to Jacksfilms and Pewdiepie calling their audiences fam squad or squad fam and becoming unfunny.
-Wow people, do you not understand that I dab ironically?
- It was funny first couple of times, now it’s redundant and you are just casually dabbing on people. It’s Fam Squad/Squad Fam Effect.
Oi y’all wanna FAM JAM
FAM JAM by Ilovepussy69 June 29, 2019