Money Savvy Pig
by Money Savvy Generation
Our Price: $19.99
Availability: Usually ships in 1-2 business days
Category: Toy
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Product Summary
Manufacturer: Money Savvy GenerationBrand: Money Savvy Generation
Model: BLUE
Color: Blue
Product features:
- Award-winning children's savings bank
- Teaches children how to set goals and save for those goals.
- Four separate compartments for the money; each compartment empties independently
Toys and Games Reviews of Money Savvy Pig
Customer Review: How Much do Your Kids Know about Money?
Summary: 4 Stars
Money Savvy Pig offers a fun and effective way to teach kids about money and its many important uses. Parents devote very little time to the concept of financial management, in spite of its critical nature, often because they are not sure how best to approach the subject. Money Savvy Pig makes it easy to introduce youngsters to these important concepts.
How does Money Savvy Pig work as an educational device? The answer is simple. By including four different chambers with different labels- one for spend, one for save, one for donate, and one for invest- kids gain a sense of financial management and money allocation. They learn that money has uses that go far beyond ordinary spending. Kids under the age of seven are not ready to learn the specifics of these different concepts, but early exposure is a good idea and the Money Savvy Bank Pig certainly succeeds in this respect.
The Money Savvy Bank is made from plastic and mine has held up fine thus far. Others have pointed out that this bank can break if dropped on a hard surface. Considering its lightweight design, it isn't difficult to imagine the bank breaking apart if mishandled, which is why parents need to exercise caution and make sure their kids handle the bank with extra care when moving from one place to the next.
I like that this bank separates money into four different sections and I like that it gets kids thinking about money and its uses. One limitation, however, is that this bank isn't very good for storing paper money. The reason is because the pieces of paper are difficult to remove. The openings on the bottom of the bank are small- too small to stick your hand inside the bank to remove paper. Place a folded dollar bill inside this bank and it will take some shaking and maneuvering to remove it from the bottom. Thus, this bank should be avoided for storing paper currency. It is intended for use with coins.
Financial literacy is important and kids need to learn about money at the youngest age possible. The Money Savvy Pig is a very good piggy bank for youngsters and its benefits go far beyond the encouragement of savings. It encourages kids to ask questions and think about money in different ways, making it a great choice for a child's early financial education.
Description of Money Savvy Pig
One slot piggy banks have been around for....centuries. But the world has changed. Now we have a highly sophisticated financial system, a system whose complexity has outstripped the ability of most adults, many of whom grapple with credit card debt, even bankruptcy. Personal finance education needs to start young. How? With the same universally loved childhood toy, the piggy bank....but with a 21st century twist! The Money Savvy Pig piggy bank has four chambers, one for each of the four money management choices a child should be taught from the time they are small. They are SAVE, SPEND, DONATE, and INVEST. Color: BlueActivities & Amusements Toys
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