The value of money is an important lesson that parents across generations have struggled to teach children. And there is no better first tool than a money bank when it comes to teaching your child the very basic concepts of saving versus spending money. But gone are the days when a money bank could teach your child to merely save. Here are some innovative money banks that are teaching children the value of money like never before!
- Money Savvy Generation Pig – Designed to look like a classic piggy bank, this money box stays true to its name and attempts to make your child completely money savvy. The pig-shaped bank is made up of 4 compartments that give your child the options of saving, spending, donating and investing their money. The translucent finish also means that your child can literally watch his/her savings grow each time they put their money into the box! (https://www.amazon.com/Money-Savvy-Generation-LMSP-Blue-Pig/dp/B0002HRWBQ)
- Lego Pig Coin Bank – Instead of a regular piggy bank, this product allows children to build their own money bank from scratch, strengthening their fine motor and problem solving skills to begin with. A great option for young children, especially those who love solving puzzles. https://www.amazon.com/LEGO-Pig-Coin-Bank-40155/dp/B00Y1Q9OOW)
- National Geographic Moon Bank – This cool, glow in the dark piggy bank can be very fascinating for children, especially budding astronomers. It gets even better because the product actually comes with a piece of authentic meteorite! A great way to help your child learn two lessons – one in science and the other in finance. (https://www.amazon.com/NATIONAL-GEOGRAPHIC-Glowing-Money Remove/dp/B01J3AK1YC/ref=sr_1_1?keywords=national+geographic+money+bank&qid=1570563158&sr=8-1)
Whoever said that financial lessons and talking about savings would bore your child, sure hadn’t seen these money boxes. So go on, let the money talk begin.
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