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New Mydoh Study Reveals Back-to-School Budgeting Struggles for Canadian Parents
New Mydoh Study Reveals Back-to-School Budgeting Struggles for Canadian Parents Canada ...
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[{"type":"text","content":"\n\n\n\n\n New Mydoh Study Reveals Back-to-School Budgeting Struggles for Canadian Parents\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n 81% of Canadian parents stressed by back-to-school shopping, but financial expert Jessica Moorhouse sees it as a teachable money moment\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Aug. 18, 2025\n \n\n /CNW/ - Many Canadian families are preparing for what is often one of the most stressful financial seasons of the year: back-to-school shopping. Parents are caught between their kids' big dreams and even bigger wish lists – all while trying to keep their spending in check.\n \n\n\n\n\n\n\n\n\n According to a recent study commissioned by\n \n Mydoh\n \n , 81 per cent of Canadian parents report feeling stressed about back-to-school shopping. In response, the\n \n Mydoh\n \n app, a money management tool designed for teens and kids, has collaborated with financial expert\n \n Jessica Moorhouse\n \n to offer practical advice that can help families navigate the season with less stress and more confidence.\n \n\n \"We know back-to-school can feel like a financial pressure point,\" said\n \n Angelique de Montbrun\n \n , Chief Executive Officer of\n \n Mydoh\n \n . \"But it's also the perfect opportunity to build lifelong money skills. We want to help parents turn the seasonal spending standoff between wants and needs into real-life lessons in financial literacy and budgeting.\"\n \n\n\n A Strategic Approach to Back-to-School Budgeting\n \n\n\n\n Jessica Moorhouse\n \n recommends a three-phase approach:\n \n\n\n\n Plan ahead\n \n by aligning on clear goals\n \n\n\n Execute with intention\n \n during shopping\n \n\n\n Reflect afterward\n \n to reinforce smart financial habits\n \n\n\n\n Before You Go\n \n\n One in three parents\n \n Mydoh\n \n talked to about back-to-school shopping said they often spend more than their planned budget because they never built a budget in the first place.\n \n\n Before heading to the store,...