The other day we were in Target and an automated piggy bank made by a big brand caught our eye. Our youngest daughter really wanted it! The piggy bank would count all of the money automatically as your child put more and more money into it. On one hand we thought it was a cool tool for her to have to save money, but then we thought it's not much fun to have a machine count all of the money that she put in?
We decided to forego the purchase even when we saw discounts from voucher shops and now we're glad to see something along the lines of what we think about teaching our kids about money. It's a method of teaching children between the ages of 3 and 10 about saving, spending, and sharing money. We think it's brilliant!
These eco-friendly boxes are labeled thusly: save, spend, and share and in my opinion are better than simply teaching kids to put money into a piggy bank and then forgetting how much they've put in. When kids grow up they will never have that luxury. Sure, they'll be able to save and they should. They'll also need to spend money to live and hopefully will grow into charitable adults and share some of their earnings.
Jones and Mae has created this wonderful trio-method savings tool for children that would be fantastic for the holidays or even for the new year to start off a year of money education for your little ones.
You can order your child's set on Amazon and it can arrive before Christmas!
For more info: jonesandmae.com.