Looking for the perfect way to teach your kids about the importance of saving money? Look no further than the best money boxes for kids!
These fun and interactive tools are not only a great way to encourage your little ones to start saving, but they also help foster important life skills such as goal-setting, responsibility, and financial literacy.
With so many options on the market, it can be overwhelming to choose the right one for your child.
That's where we come in! In this guide, we have researched and curated a list of the top money boxes for kids, taking into consideration factors such as durability, educational value, and design.
For the younger side of the scale, the Laugh & Learn Smart Stages Piggy Bank is a fun and educational toy introduces counting, colours, and words through music, phrases, and silly sounds. With 10 colourful coins and put-and-take play, it fosters fine motor skills and exploration. The interactive piggy's snout adds to the amusement, making babies giggle all the way to the bank! Featuring 2 Smart Stages levels, it grows with your baby, offering continuous learning fun. Durable, vibrant, and engaging, this toy provides endless entertainment while laying the foundation for cognitive development. A delightful and enriching companion for your child's playtime adventures!
Introducing the adorable and educational Piggy Bank Tin – a must-have tool for teaching kids the importance of saving from an early age! This brand-new design features a vivid switch shape and in-depth research, ensuring durability without sacrificing flexibility. It's a fun and novelty piggy bank that makes saving easy for children, with a coin slot on the pig's mouth and a money jar stopper for easy access to their savings. Not only does this cute piggy bank serve as a financial learning tool, but it also doubles as charming party and festival decorations. Give the gift of financial responsibility with this delightful and practical money bank tin! Perfect for birthdays, Christmas, and more.
The piggy banks for kids offered by this company are crafted from high-quality ceramic dolomite, meticulously hand-painted, and glazed to perfection, resulting in a smooth and appealing finish. Featuring a convenient 1.5-inch coin slot at the top and a removable rubber stopper at the bottom, these piggy banks are designed to be both functional and enduring keepsakes. Parents can watch with joy as their little ones fill up these special piggy banks with their coins, learning the value of saving money along the way. Moreover, these charming piggy banks double as delightful decor for any baby nursery or kids' room, with the rocket ship design standing tall at 9 inches. To the moon!
My First Piggy Bank" is the perfect starter bank for young toddlers, initiating their saving journey with its adorable design and 9 vibrant colours suitable for both boys and girls - pink, blue, yellow, purple, light purple, green, light green, flesh-colour, and red.
Crafted from non-toxic thick plastic material, this unbreakable money bank ensures durability, making it toddler-tough to withstand accidental drops without damage. The medium-sized piggy bank, measuring approximately 5.5 x 4.9 x 4.7 inches, offers ample space for storing coins and cash, while being easy for little children to hold or carry.
Designed with practicality in mind, this piggy bank features a built-in plastic knob at the bottom, allowing kids to effortlessly safeguard their money or access it as needed. As a result, it makes for an ideal and practical gift for toddlers aged 2 to 6 years, suitable for occasions like birthdays, Christmas, and baby showers.
This piggy bank is the ultimate gift for kids, making it suitable for children of all ages. It offers a planned and organised way to save money while instilling the valuable habit of saving from an early age. With the capability to store around 600 coins or 100 paper money pieces, it encourages responsible money management for children of various age groups.
Crafted from high-quality and safe ABS material, parents can trust its reliability for their beloved children, ensuring it is suitable for toddlers, preschoolers, and older kids alike. The piggy bank's user-friendly features, including the password-protected lock and stylish appearance, make it appealing to children of different ages and stages of development.
If you're feeling creative, you can also make your own money box with your kids. DIY money boxes are a great way to bond with your children while teaching them about money management. Here are a few simple and fun ideas to get you started:
Use a mason jar as a base and decorate it with paint or stickers. Cut a slit in the jar lid for coins and secure it tightly. You can also add a label or tag to personalise the money box.
Take an old shoebox and transform it into a treasure chest. Paint it with metallic gold or silver paint and add embellishments such as gems or sequins. Cut a slot in the lid for coins, and your treasure chest money box is ready to use.
Take a cardboard tube, such as a toilet paper roll or a paper towel roll, and cover it with coloured paper or paint. Add googly eyes, a nose, and ears to make it look like a pig. Cut a slot for coins, and your piggy bank money box is complete.
Clean and empty a tin can, such as a soup can or a coffee can. Decorate it with patterned paper or fabric, and add a slit in the lid for coins. You can also paint the can with acrylic paint for a more personalised touch.
These DIY money box ideas are simple and budget-friendly, allowing you to have fun and get creative with your kids while teaching them valuable lessons about money.
It's not just little kids who might benefit from a money box. Some teens start part-time cash-in-hand jobs at 13 and they're going to need a way to save that hard-earned cash. If you're on the lookout for a moneybox for your teenager, these are some great options to consider:
It's like a real Bank Vault safe, with the combination lock. The Teenage Metal Safe is Ideal for a teenager's room. This sleek safe features a combination lock, offering extra protection. With a coin slot for easy savings, it promotes financial responsibility. Compact, measuring 14cm x 14cm x 10cm, it keeps valuables organised and secure.
Perfect for teens, the LCD Lit Money Jar is about 34 cm tall and includes a handle for easy portability. Managing dosh becomes effortless, even the new 1-pound coin fits! While it doesn't count cash digitally, it promotes essential money-handling skills. No need to worry about math - it's a fun and interactive way for teens to save. Just pop in 2 x AAA batteries (not included), and you're good to go. Embrace this stylish money jar and empower your teen to become a savvy saver!
This sturdy and "no-frills" piggy bank is perfect for your moody teen, providing a safe and secure way for them to save money without any fuss.
Please note, opening the piggy bank can be challenging and should only be done when your savings goal is achieved or in emergencies. Once opened, it cannot be used again, ensuring your savings remain safe and untouched until the perfect moment.
Teaching kids about money is an essential life skill that will benefit them throughout their lives. By introducing the concept of saving money from an early age, you are instilling in them the value of financial responsibility and the importance of planning for the future. It also helps them develop good habits and a sense of discipline when it comes to managing their finances. By using money boxes specifically designed for kids, you can make the learning process fun and interactive, helping them understand the significance of saving and budgeting.
Using money boxes has several benefits for kids. Firstly, it teaches them the value of money and the importance of saving. By having a physical representation of their savings in front of them, they can see their progress and understand the concept of setting goals. Money boxes also help children develop discipline and patience as they learn to save for something they want instead of spending their money immediately.
In addition, money boxes provide a sense of ownership and responsibility. Kids learn that they are in control of their own money and that they have the power to make decisions about how they want to spend or save it. This fosters a sense of independence and self-reliance, which are essential life skills.
Money boxes also encourage creativity and imagination. Many money boxes come in fun and unique designs that appeal to kids, making the saving process enjoyable. They can choose money boxes that reflect their interests, whether it's a superhero-themed box, a princess castle, or a sports car. This personalisation makes the saving experience more meaningful and memorable.
A teenager might want a money box to develop financial responsibility by saving money for future goals, learn money management skills, and avoid impulsive spending. It provides a sense of ownership and independence over their finances, making it easier to set and achieve specific savings goals. Additionally, it can be a sentimental keepsake or gift, giving them a tangible reminder of their progress and accomplishments.
When choosing a money box for your child, there are a few important factors to consider. Firstly, durability is crucial, especially if you have younger kids who may be prone to accidents. Look for money boxes made from sturdy materials that can withstand rough handling.
Educational value is another essential factor to consider. Some money boxes come with additional features or educational resources that teach kids about money management and financial literacy. Look for money boxes that provide opportunities for learning and growth.
Design is also an important consideration. Choose a money box that appeals to your child's interests and personality. This will make the saving experience more enjoyable and encourage them to use the money box regularly.
Finally, consider the size and capacity of the money box. Depending on your child's saving goals, you may want a money box that can hold a significant amount of money or one that is smaller and more portable. Consider your child's needs and preferences when making your decision.
Money boxes provide an excellent opportunity to teach kids about financial literacy. Here are a few tips to help you make the most out of the learning experience:
Encourage your kids to set savings goals and track their progress using the money box. Whether it's saving for a new toy, a day out, or a long-term goal, having a tangible representation of their savings will motivate them to stay on track.
Take the time to explain the value of money to your kids. Teach them about the different denominations of coins and notes and what they can buy with them. Help them understand the concept of budgeting and making choices about how to spend their money.
Involve your kids in financial decisions whenever possible. For example, when grocery shopping, let them help you compare prices and make choices based on the budget. This hands-on experience will help them understand the value of money and develop critical thinking skills.
Teach your kids the importance of saving and delayed gratification. Explain that saving money allows them to buy something they really want in the future instead of spending it on immediate wants. Use the money box as a visual reminder of their progress and reward their efforts when they reach their savings goals.
To ensure the longevity of your money box and keep it in good condition, here are a few maintenance tips:
Regularly empty the money box and count the savings with your child. This will not only give them a sense of accomplishment but also ensure that the money is stored safely. Make it a fun activity by sorting and organising the coins together.
Clean the money box regularly to prevent dust and dirt buildup. Use a soft cloth or sponge to wipe the exterior, and remove any debris from the inside. This will keep the money box looking fresh and appealing to your child.
Find a safe place to store the money box when it's not in use. Choose a location that is easily accessible to your child but out of reach of younger siblings or pets. This will help protect the money box from accidental damage.
Teach your child responsible handling of the money box. Encourage them to handle it with care and avoid dropping or throwing it. This will help promote a sense of responsibility and ensure that the money box remains intact for a long time.
Teaching kids about money is an important aspect of their education and development. Money boxes for kids provide a fun and interactive way to introduce them to the concept of saving and financial responsibility. By choosing the best money box for your child, you can make the learning process enjoyable and engaging.
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Stuart is an expert in Property, Money, Banking & Finance, having worked in retail and investment banking for 10+ years before founding Sunny Avenue. Stuart has spent his career studying finance. He holds qualifications in financial studies, mortgage advice & practice, banking operations, dealing & financial markets, derivatives, securities & investments.
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