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Insurance 101: A Guide for Parents and Teens Mydoh

Say you’re about to finally get your first car as a teen. Congratulations! But you can’t drive it off the lot without first having car insurance. Getting insurance usually just takes a phone call or … See more

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URL: https://www.mydoh.ca/learn/money-101/insurance/insurance-101-a-guide-for-parents-and-teens/

How to Teach Kids & Teens About Insurance Mydoh

WEBPet insurance can help with vet costs should something unexpected come up, like a costly operation because the puppy ate all the dental floss. This way, your kid …

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Life Insurance: What Your Teen Needs to Know Mydoh

WEBLife insurance is a contract between you and a life insurance company: you make premium payments on a policy, then your beneficiaries receive a tax-free lump-sum payment after …

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How to Talk to Kids and Teens About Mental Health Mydoh

WEBKids Help Phone. Kids Help Phone offers mental health services for kids, teens, and youth from across Canada. Kids can call toll-free 1-800-668-6868 or text …

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Mydoh The Smart Cash Card & App For Families

WEBFamily FinanceAs it Should BeMydoh is the Money Management Appfor Kids and Teens. Family Finance. As it Should Be. Just as there’s no one type of family, there’s no one …

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Basic Insurance Terms and Definitions for Kids Mydoh

WEBTypically, inside damage, outside damage, loss of or damage to belongings, and injuries that happen on the property are included in a home insurance policy. If you lease a …

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Parents Guide to Financial Literacy for Kids & Teens Mydoh

WEB5 key components of financial literacy for Teens. We’ve broken down five key components of financial education for tweens and teens, and how parents can tackle each—one …

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What is Period Poverty

WEBA Guide for Teens. Period poverty is a global issue that affects people around the world—including teens. Here's what teens need to know about menstrual …

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Tax Deductions: A Guide for Parents and Teens Mydoh

WEBThis means the more deductions you have, the less taxable income you end up with, which could lower the amount you pay to the government even more. For …

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What is Financial Health and Why is it Important

WEBFinancial health—for better or worse—can greatly impact your life. Research shows money problems are the top source of stress for Canadians due to …

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How to Explain What a Credit Card Is to Your Kids Mydoh

WEBHere are a few things to consider: Annual fee – Look for a credit card for now or a low annual fee. There are no fee credit cards on the market, like the RBC …

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Guide to 2024 Tax Deductions for Families Mydoh

WEBHere are the amounts you can claim : $8,000 for children under the age of seven at the end of the year. $5,000 for children over the age of six at the end of the …

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Social Media for Kids & Teens: Pros and Cons Mydoh

WEBThese are all video messages, and friends try to keep the streak going for as long as possible, sometimes months. Kids and teens love it because it encourages …

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How to Budget for a Family Pet in Canada Mydoh

WEBRabbits can cost $3 a day (which is over $1,000 a year). For fish, like the popular Betta fish pet, upfront costs like aquarium tanks and filtration can run $200, and …

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How to Read and Understand a Pay Stub Mydoh

WEBA pay stub and a paycheque are two separate documents: A pay stub is a record of earnings, while a paycheque is the actual payment of those earnings. Paycheques …

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The Parents Guide to Gaming for Kids & Teens Mydoh

WEBTo reduce eyestrain, gamers can try the 20-20-20 rule: every 20 minutes, try to look at something 20 feet away for 20 seconds. To protect sleep, learn about how …

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What Parents Need to Know About TikTok Mydoh

WEBMany tweens and teens use TikTok, and it can certainly be appropriate for kids. However, parents need to be aware of potential risks like expletives in trending …

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What Parents Need to Know about Snapchat Mydoh

WEBHere’s what parents need to know about Snapchat. Snapchat is a multimedia messaging app that burst onto the social media scene in 2011 and quickly became a …

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10 Climate Change Activists Making a Difference in Canada

WEB1. Sophia Mathur. When she was just 11-years-old, Sudbury, Ont.-based Sophia Mathur discovered Greta’s viral YouTube videos and in November 2018 became …

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