It’s easy to create tasks for your kids, track if they’re overdue and know when they’re complete. All in just a few taps.
You can select a task from a menu or create your own. They can be one-off or recurring – you choose. Just set the completion date, enter the payment amount, and you’re done.
You can see how your kids are doing with their tasks, if they’re on track or if they need a little nudge.
Your kids can view all their tasks, mark the ones they’ve done as completed, and see how much they can earn. This helps kids plan ahead and budget for the future – even if that’s just next week.
Along with the sense of accomplishment that comes with getting paid, your kids can learn a lot. Like the value of earning money and what goes into it.
This could be a good chance to talk to your kids about earning, setting goals, and planning for the future.
When your kids complete their tasks on time, and mark the task as completed, they’ll get paid on Pay Day.
Every Saturday, money will automatically move from your account to their account2.
A weekly Pay Day gives kids something to work towards and helps them learn about income and budgeting.
No more fumbling for cash. Set your kids up with a weekly allowance in just a few taps.
Whether it’s $5 or $50, a weekly allowance is another great way to get kids thinking about budgeting and managing their money at an early age. You can adjust the amount whenever you need to.
A 10-year-old kid and a 15-year-old kid have very different needs and expenses. How much you give your child for an allowance is up to you2.
You can easily set an amount to suit the stage your kids are at. Tap on Weekly Allowance, set a payment amount, and hit Save. Simple.
Payments are sent automatically from your account to your kid’s account. The money is available right away for them to spend or save for later.
Like tasks, getting paid an allowance on a weekly basis can help kids plan their spending for the next week and beyond.
You can set an allowance at any time, and your kids can see what’s coming into their account.
Tasks and Allowance are two ways for your kids to earn and learn about money. You can opt for one or the other, or both. Whatever works for you and your kids.
As a parent you can set up a weekly allowance for your child. This is not associated with tasks or task completion.
Tasks, on the other hand, are specific jobs/chores you can create and assign to your kid(s), and pay them in return for completing them. We believe paying for completed tasks can help kids develop a sense of respect for earning money.
Tasks and allowance are two different ways of paying your child. It’s up to you how you want to do it. You can opt for either/or do both!
Not sure if an allowance is right for your kids? Read our guide to giving an allowance to your kids and teenagers.
Follow these easy steps to set up a weekly allowance for your kid(s):
Need help deciding how much allowance to give? Use our kids allowance calculator to plan one-off and weekly chores and calculate how much your kids should earn when completing tasks.
Tasks are a great way to start teaching your child a strong work ethic and responsibility for taking care of themselves and their home.
Follow these steps to set up a task:
Note: Completed tasks that are marked as done in the app will only be paid on Saturday, which is Pay Day.
Not sure where to start when it comes to tasks and chores? Read our guide to household chores for teens and kids.
Your child will get paid for their task(s) on Pay Day, which is every Saturday. We believe not being paid for a task as soon as they complete it mimics real life pay days and will also help teach kids better budgeting during the week.
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*The 30-day free trial offer is activated on the date of completion of the Mydoh mobile app account registration process. After your free trial offer ends, a monthly subscription fee of $2.99 will be taken out of your Mydoh Wallet. You can cancel any time by contacting Mydoh. Mydoh reserves the right to cancel, modify or withdraw this offer at any time.
† The RBC Visa Prepaid Mydoh Smart Cash Card (“Mydoh Smart Cash Card”) is available as a physical and digital card that can be used to pay for purchases online or in-store anywhere Visa contactless (tap) is accepted.
1. The RBC Visa Prepaid Mydoh Smart Cash Card (“Mydoh Smart Cash Card”) is available as a physical and digital card that can be used to pay for purchases online or in-store anywhere Visa contactless (tap) is accepted.
2. Parents can load and kids can access up to a maximum of $500 per day on their Mydoh Smart Cash Card. When loading money to a Mydoh Smart Cash Card, there are limits to the number of transfers and dollar amounts. Please see transfer and transaction limits.