What is the difference between ‘Savings Goals’ and ‘Goals’?
Great question! ‘Savings Goals’ enables kids to allocate money they have earned separate from the money they will spend using their Mydoh Smart Cash Card 1. Within the Savings Goals feature, kids can allocate funds into General Savings, or, set up a Goal 2, which allows them to define and specify a goal that they are hoping to work towards – this can be anything from saving up for a specific item, or saving to donate to a charity of their choosing!
If you have any questions, please don’t hesitate to reach out to our support team via the in-app chat, or at hello@mydoh.ca.
Notes:
- Please note that your child’s ‘Savings Goals’ is not a savings account and will not receive interest or any other earnings
- Kids can set up to 3 Goals at a time