How it all works

Your kids learn money basics through in-app tips, earn their own money through Tasks, and spend it wisely using their Smart Cash Card. And, it all starts from your Parent Account.

A father and his daughter listening to music together

Your Parent Account

From your parent account, you can view and manage all activity:

  • Set up tasks and allowance
  • Send your kids money instantly2
  • Track earning and spending
  • React to transactions with emojis
  • Lock and unlock kids’ cards
A boy sitting outdoors using the Mydoh app on his mobile phone

Your Kid's Account

This is where your kids will do all that learning, earning, and spending. They can:

  • Manage their tasks
  • Mark tasks as complete 
  • Spend with their Smart Cash Card up to the allowable limit
  • Track earnings, spending and see balance
A young teenager doing laundry at home

Mydoh Tasks & Allowance

There’s always so much to be done around the house. With Mydoh Tasks, you can easily set tasks and get your kids involved.

They learn the value of earning their own money, and you get a dishwasher that seems to load and unload itself. 😉

It’s easy to track whether tasks are complete or overdue, and once they’re marked as complete, kids get paid on Pay Day – which happens every Saturday!

Earning their own money can change the way kids think about saving and spending.

See how Mydoh Tasks work

Mydoh Smart Cash Card

Both the classic and custom Mydoh Smart Cash Card come with a money management app designed for kids and parents.

Kids can make purchases—online and in-store1—up to allowable limits anywhere that accepts Visa. Plus, you have a clear view of all their activity and can give them encouragement and guidance.

With the freedom to make real-world spending decisions, your kids can learn the value of money and gain a sense of independence as they start building a healthy relationship with money.

Learn More About the Cards
With Savings goals, kids can build a savings habit with ease and make smarter financial decisions.

Mydoh Saving Goals

With Savings goals, kids can build a savings habit with ease and make smarter financial decisions.

They can save by setting up a goal in the ‘Goals’ savings bucket. They can name the goal and set a target amount and date for the goal to be achieved. They can also choose to just save without a target date or amount in the ‘General Savings’ bucket.

To save, money can be moved from ‘Spend’ to ‘Goals’ or ‘General Savings’ or between ‘Goals’ and ‘General Savings, and the money has to be moved to ‘Spend’ before a purchase is made.

Get into savings goals
Mydoh

Get Mydoh for the whole family

Up to 2 parents and 5 kids at no extra cost.

Get your first 30 days free and give your kids a head start on building money skills*.

Get your first 30 days free and give your kids a head start on building money skills*.

After the trial, Mydoh is just
$2.99 per month