Mydoh - Youth Money App & Card

Editor's Review

Mydoh is a fantastic money management app designed for families with kids aged 6-18! 👨‍👩‍👧‍👦 It's all about instilling solid money values through practical experience and knowledge. This app empowers kids to earn, spend responsibly, and save smartly, all while keeping parents in the loop every step of the way! 📱

Tasks and Allowances: Parents can easily set tasks for their kids, approve completed tasks, and make payments directly through the app. It's super convenient! Plus, you can automate weekly allowances, whether your kids do chores or not. 🗓️✅

Mydoh Smart Cash Card: Kids get both a digital and physical card to make purchases online and in-stores. This prepaid card ensures they can only spend what they have, avoiding debt and unexpected surprises. 💳 No ATM withdrawals though! For kids 13+, the card can be added to Apple Wallet for easy payments. You can also lock and unlock the card as needed. 🔒

Custom Card: Canadian youth can design their own 'Mydoh by Me' card for a personalized touch. 🎨 It costs $6.99, and you can upload a photo or use Mydoh's gallery to create a unique design. Expect it to arrive in 5-7 days! 📦

Savings Goals: Mydoh helps kids build healthy saving habits with 'Goals' and 'General Savings' buckets. Set specific goals with target dates and amounts, or save without a specific target. Kids can track their savings history and celebrate achievements. 🎉

Track Kids in the App: Parents can monitor their kids' activities, from setting financial goals to spending their money. It's all about financial literacy with parental oversight! 👀

Add a Parent: Share the responsibilities by adding another parent to the account at no extra cost. Both parents can set tasks, pay allowances, and track progress together. 👨‍👩‍👧‍👦

Safe & Secure: Created with the support of Royal Bank of Canada and powered by Visa, Mydoh ensures a safe and secure experience. 🛡️

Try Mydoh Today: Experience is the best teacher, and Mydoh offers all these features with no monthly fees! Get started today and visit mydoh.ca for more info. 🚀

Features

• Set tasks and allowances easily

• Reloadable prepaid card for kids

• Kids can add card to Apple Wallet

• Lock/unlock card via the app

• Customizable 'Mydoh by Me' card

• Set savings goals and track progress

• Track kids' spending and saving habits

• Add another parent for shared management

Pros

• Teaches kids about money management early

• Parents can monitor and guide spending

• Customizable card adds a fun, personal touch

Cons

• Card cannot be used for ATM withdrawals

• Custom card has an additional cost