Introducing Add a Parent Feature | Mydoh

Introducing Add a Parent Feature

Now you can add a second parent to your Mydoh account at no extra cost, with just a few clicks, right in the app.
By Mydoh · July 26, 2022 · 1 minute read
Image of Mydoh screen for add a parent feature with colourful background

Mydoh was created to help parents teach their kids real-world money skills. And now it’s even easier to assist kids in understanding the value of money with our new Add a Parent feature

“The ability to add a second parent to your child’s Mydoh account at no additional cost was in  direct response to listening to our users,” says Rina Whittaker, Chief Product Officer at Mydoh. “It’s a feature that many Mydoh families needed and asked for. Enabling more than one parent or guardian to manage tasks, allowances, and send money, creates additional opportunities to share the responsibility of raising money smart kids.” 

By adding a second parent to your child’s account, both parents will also be able to teach kids financial literacy by keeping track of your kids’ spending, goals, and learning in Mydoh Play

The new Add a Parent feature gives both parents the ability to:

  • Add or edit tasks and allowances
  • Send money to your kids
  • Lock or unlock your child’s Smart Cash Card
  • Withdraw money from the shared wallet

How to Add a Parent or Guardian in the Mydoh app 

Adding an additional parent to your child’s account is simple:

  1. Go to settings in the Mydoh app
  2. Click on “Family Profile”
  3. Click “Add New”
  4. Select “Parent”
  5. Fill in the required details to add an additional parent

Learn more about raising money-smart kids at home with help from Mydoh. Download Mydoh and help build the foundation of financial literacy for your kids and teenagers.

This article offers general information only and is not intended as legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. While the information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author(s) as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or its affiliates.

Related Articles

Explore Banking
October 21, 2022

Curious to know how parents really feel about money? Mydoh conducted a survey of parents across Canada to find out. Here’s what they had to say.

August 25, 2022

Give your kids and teens a financial foundation with 10 of the best books about money, savings, and investing.

October 27, 2022

Good money habits start when they’re young. So do not-so-good ones. Here’s how you can help your teens and kids avoid common money mistakes.

August 10, 2022

As co-parents, sharing the financial responsibilities of kids continues after separation or divorce. Here we outline how to manage your kids’ expenses together.

November 18, 2022

Juggling the responsibilities of kids and work doesn’t always leave parents much time (or energy) for financial planning. But avoiding these common money mistakes will help point the family budget in the right direction.

June 6, 2022

Mydoh Goals helps make raising money-smart kids easier. Learn more about our new app feature and how it can help kids and teens save for what they really want!

October 31, 2022

November is Financial Literacy Month. In 2022, we’re sharing articles and tips to empower teens to invest in their financial wellbeing.

November 1, 2022

Financial influencers, also known as finfluencers, help make personal finance way less boring. Here’s some of the top finfluencers you should follow.

November 10, 2022

Did you know that money problems are the top source of stress for Canadians? Breathe easier by improving your financial health.

June 29, 2021

Too old for piggy banks, but too young for credit cards? We explain the benefits of using debit cards to teach your kids about money.