While Mydoh is often marketed as a kids' money management tool, in reality, the lessons are just as applicable to teens. As kids grow older, they want more responsibility for their spending, and this is easily achieved using the Mydoh Visa Debit card. Plus, the tasks in their Mydoh account are set up by parents, allowing parents to connect the value of time and money.
Teens will also benefit from the real-time feedback from the Mydoh account — once a transaction is made, they can see the immediate impact on their account balance. As a result, the Mydoh money app is a great tool for teens and helps parents reinforce the concepts of budgeting, saving and responsible spending.