Autism Canada collaborates with Mydoh to empower neurodivergent families with financial literacy tools

Mydoh is an easy-to-use financial app with no monthly fee, backed by the security and privacy standards of RBC.

 

TORONTO, Nov. 12, 2024 – Autism Canada is excited to announce a new collaboration with Mydoh, a money management app designed to help children and teens build strong financial habits through hands-on experience. Through this collaboration, Mydoh will create valuable resources tailored specifically to neurodivergent families, aimed to help foster financial literacy and independence across the entire household.

Neurodivergent individuals and families in Canada often face unique challenges with financial literacy, including difficulties in budgeting, understanding complex financial products and managing impulse control related to spending. Additionally, a significant proportion of neurodivergent individuals rely heavily on family support for financial decision-making due to these challenges. This is where the collaboration between Autism Canada and Mydoh becomes particularly important.

Mydoh has a deep knowledge of the financial needs of Canadian households and provides accessible, tailored tools that simplify financial management. The Mydoh Smart Cash Card and Mydoh app provide an opportunity for greater financial independence, while allowing for parental oversight. This support empowers neurodivergent individuals to build essential money management skills in a way that traditional programs may not address, bridging the gap towards greater financial independence.

Jamie McCleary, executive director at Autism Canada, highlighted the importance of this initiative: “At Autism Canada, we strive to offer support that makes a tangible difference in the lives of neurodivergent individuals and their families. This collaboration with Mydoh aligns with our goal of equipping families with resources that not only promote financial literacy, but also empower neurodivergent individuals to thrive in all aspects of life.”

“Mydoh is on a mission to empower youth and to help the next generation of Canadians thrive financially,” added Angelique de Montbrun, chief executive officer at Mydoh. “We are proud to work  with Autism Canada, an organization that shares our understanding of the importance of inclusive products and education. We are deeply committed to supporting all Canadians, especially those from demographics that are often overlooked.”

As part of this collaboration, Mydoh’s team will undergo specialized training with Autism Canada to enhance their understanding of neurodivergent needs. This training will ensure the collaboration  delivers more impactful tools and resources that are inclusive, accessible and practical for the unique challenges faced by neurodivergent families.

This collaboration is the latest in Mydoh’s commitment to help making financial education accessible for more Canadians. With the brand’s recent expansion into Quebec and its removal of monthly fee, Mydoh is ensuring more Canadian families can benefit from the platform’s features. More than 230,000 Canadians have used Mydoh to set up savings goals, track spending and spark valuable money conversations within the household. Now, with Autism Canada’s expertise, Mydoh is set to provide additional support for neurodivergent families, helping them achieve stronger financial independence.

About Autism Canada

For over four decades, Autism Canada has stood at the forefront of addressing the complex challenges faced by individuals with ASD (autism spectrum disorder) and their support networks across the nation. Established in 1976, the organization has been unwavering in its commitment to enhancing the quality of life and well-being of those on the autism spectrum. This is achieved through robust education, targeted advocacy, and steadfast support.

As they continue to expand their offerings with a comprehensive catalogue of educational resources for both public and private sectors, Autism Canada remains a beacon of hope and progress. Celebrating over 45 years of dedicated service, they continue to forge paths toward a more inclusive and understanding Canada, making a profound and lasting impact on the autism community.

About Mydoh

Since 2021, Mydoh has been committed to helping parents raise money-smart youth. Mydoh began with the shared belief that money management isn’t something you are taught, as much as something you learn through experience – and that experience should start early. Mydoh has championed this belief since its inception and with it, has been able to help more than 230,000 Canadians build a more solid financial foundation for the next generation.

About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 100,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 18 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

 

For more information, please contact: Naureen Othi, Community Engagement Manager, Autism Canada, naureen@autismcanada.org