Money Basics
Help your kids understand the value of money, plus get tips on saving and spending smart.
Money 101 —Money Basics Posts
By Donna Paris
Gone are the days of glass jars that helped kids visualize spending and saving. To help them track every digital dollar, introduce tweens and…
How to Read a Bank Statement: A Guide for Teens
By Helen Racanelli
What is a bank statement? Understanding how to read this useful snapshot of your bank account can help tweens and teens build financial literacy…
Chequing vs. Savings: What’s the Difference?
By Corrina Allen
It’s time for your teen to open a bank account—but should they choose a chequing account or a savings account? It all comes down…
Common Bank Terms and Definitions for Kids
By Alicia Cox Thomson
Conversations about everyday banking are important to have with your kids. We break down 28 banking terms in easy-to-grasp lingo, so you can chat…
Budgeting 101: A Guide for Parents and Teenagers
By Mydoh
Teaching your kids how to budget doesn’t have to be a struggle. Here are budgeting tips parents can share with tweens and teens to…
How Kids and Teens Can Make a Budget
By Mydoh
It’s never too late (or too early!) to teach your kids how to save money. Here are some of our top practical tips for…
Why Kids and Teens Should Start Saving Money Early
By Andrea Karr
When it comes to saving, the younger the better! Teaching your kids how to save money can instill good financial habits for life. Here…
What Is a Budget? A Guide for Kids and Teens
By Nadine Araksi
Learning how to manage a budget is an important skill. Here are some budgeting tips to help parents empower kids and teens to take…
Banks vs Credit Unions: What is the Difference?
By Leah Golob
If your kids and teens are confused about the difference between a bank versus a credit union, they’re not alone. Here's how each financial…
Parents Guide to Financial Literacy for Kids & Teens
By Donna Paris
Money shouldn’t be a taboo topic at home. In fact, families who teach financial literacy are helping set up their tweens and teens for…
8 Reasons Why Financial Literacy is Important
By Donna Paris
Here’s why empowering kids and teens with a financial education early on will help them develop good money habits that last a lifetime.
What is a Bank and Why Do They Exist?
By Mydoh
Think banks are boring? Well, you couldn’t buy a Frappuccino or stream Netflix without them. Here’s what banks do and why we need them.
Common Financial Literacy Terms for Kids
By Jessica Wei
Ready to teach your kids and teens about money? Our guide will help you explain common financial literacy terms in a way kids and…
How to Explain Banking in Canada to Your Kids
By Mydoh
Help give your kids financial literacy skills with this guide to explaining how banking works in Canada to teens and tweens.
Raise Money Smart Kids
Mydoh makes it easy for kids to gain real money skills.