Weird but Effective Trick to Make Saving for Kids Easy

No kid savings plan is complete without this 1 weird saving money trick I'm about to show you. Teach children this at a young age, and, parents, you'll have set them up for massive savings success! #kidsavingsplan #children #ideas #money #parents |

Saving for kids comes a lot easier (adults, too) if they use this one, weird trick I'm about to show you.

There is power in naming something.

Naming something gives it a purpose. A place to focus an intention.

Savings accounts are no different when it comes to both needing a name and an actual purpose (which go hand-in-hand, by the way).

When a savings account lies around, unnamed, it’s this sort of blob.

Sure, it can grow. Sure, you can use it for goals as they come and go. But without naming it something that aligns with its purpose, the time it’ll take you to get to whatever goals you have will take longer – no matter if you’re a child or an adult.

Clarity is powerful, after all.

Leave an un-intentioned amount of money aside for too long, and suddenly it becomes the perfect amount to spend on a new video game, or absorbs a convenience-store candy section addiction.

Account money gremlins are a real thing, my friend. Whether you've got a kid savings plan or an adult one!

How to Guide Your Kiddo through the Savings Account Naming Process

I hope I’ve convinced you that that this naming thing? Is sort of a big deal. Getting your child to do it early means you’re setting them up for more savings success for the rest of their lives.

So, let’s get started with this mini-savings action step that makes saving for kids much easier.

Step #1: Set Up Somewhere for your Kid(dos)’ Money to Grow

The first step, of course, is for them to have an actual place to accumulate their money.

  • Don’t have a savings account open for them yet? I’ve got you covered with how to open your baby’s first savings account (whether they’re still a baby or waaaaayyyy past the pacifier stage. No judgment here!).
  • Not ready to do that? Then you’ll want to use a piggy bank of some sort. Here are 21 particularly cool piggy banks for your kid(dos).

Step #2: Help Your Child Identify their Savings Goals

Sit down with your child and ask them what their goals are for their money.

What do they want to buy soon? What do they want to buy later?

Hint: they might not know how to prioritize now rather than later at this point in their lives, and that’s where you can help them.

Your idea for the purpose of their savings account is probably going to be quite different from your child's. After all, you've been in this thing called the “real world” for quite some time now. You aren't wet behind the ears, and you know that life takes money.

So your ideas may be things they'll need to purchase in their teen and early adult lives, such as their first car, textbooks for college, college in general, etc.

Their savings goals? Well they might be a bit different than yours. More tangible and instant gratification-y like vacation spending money for the summer or a new video game that's due to hit the markets next month.

So, it’s best to find some sort of compromise. And if you’re just teaching your child how to save money as well as goal setting in general? Well then you should probably stick with a short-term goal until they grow their instant gratification muscle a bit.

Remember, you can build up to the long-term goals over time.

Step #3: Rename their Account or Piggy Bank with something Cool 

Once they’ve gotten clear on what they want to save for in the short-term (remember, start short, then go long), it’s time to come up with a cool name they can associate with the goal.

This name is one that gets them excited, and can pull them back into the process once they’ve lost interest in savings.

Here are some savings goal ideas, with a spiced-up version on the right side:

  • First Car Fund = Sweet Sixteen Freedom
  • Vacation Spending Money = Boardwalk Money (fill in wherever you’re going)
  • Textbooks = Astronaut textbooks (whatever career they’re interested in right now)
  • Video Game = Pokémon Ultra Sun Release
  • Toy = Stuffed Flamingo

How to Physically Name Your Savings Space with this Goal

How you physically add a name to your savings space (either savings account or jar) depends on where it is.

If you've got an actual savings account, then find it below + click for nicknaming instructions:

For us, I have my two-year-old’s savings account at CapitalOne360. At their bank, you can change the “nickname” of each savings account you own.

Here’s how I do this:

Step #1: Sign into the account.

Step #2: Click on the account you want to change the name to.

Step #3: Click “Add a Nickname.”

Step #4: Type in the nickname + click “save.”

Then if I want to change the nickname? I can do so at any time by clicking on the account that I want to change, and then clicking “Account Details.” There’s an option next to the “Account Nickname” to “Change Nickname.”

If you are using a piggy bank of some sort? Then you’ll want to write the new nickname down on a piece of paper and tape it to the bank. You can let your kids write the name + decorate the label however they’d like using crayons, colored pencils, glitter – the works! Whatever gets them excited about their new name + corresponding goal.

You + your child may not have considered the power behind naming savings accounts by the goal that you're trying to meet before. But I hope you’ll trust me on this one and take the time to not only set up a space for savings, but then name it based on either a short or long-term savings goal.

5 Meaningful Examples of a Money Teachable Moment from Parents in Real Life (IRL)

Teachable Moments about money for kids always seem to pop up and fade away before I figure out what to say to help my kids' learning about money. I love how she gives 5 real examples of actual parents, the teachable moments about money that popped up in their lives, and what they said. #teachablemoments #learning #quotes #kids |

A money teachable moment may not be easy to identify in your own life, so I'm sharing 5 real-life examples of other parents who saw an opportunity and seized it to teach their kiddo something important.

Have you ever heard the phrase Teachable Moment?

A Teachable Moment is a specific time that is ripe for a conversation or lesson because your kid(dos)’ interest about a subject is peaked.

Why would that moment in time be the right one to give a lesson?

Well, when your child is highly interested in something – either because a situation has presented itself in real life (IRL), or because they’re just into it (you know how kids go through crazy phases!) –then they’re way more likely to not only listen, but to absorb what you’re saying.

For example, if you’re on a nature walk and your kiddo becomes highly fascinated/upset about all of the pieces of trash everywhere…you could start a conversation about recycling, trash pick-ups, taking care of your trash and how it ends up in beautiful places like this when people don’t, etc.

But if you’re walking into a restaurant for dinner and your child happens to chuck a piece of trash on the way in instead of putting it in the trash can, then you’re likely to experience an eye-roll or a half-hearted “sure” when you point out what they’ve done wrong and how bad that is for the environment.

Lucky for us, life takes money. Which means money situations are all around us. So teachable money moments are everywhere – both in your own life and in your child’s life.

Yet, it’s not exactly second nature for all of us to identify these moments and capitalize on them to teach our children something.

So, I wanted to offer up 5 examples from my blogging friends about actual moments they took to teach money lessons to their kids, IRL.

Teachable Moment #1: Consider Spending Alternatives, from Ordering Mac ‘N Cheese at the Whole Foods Prepared Section
Kiddo’s Name (real or anonymous): Bash
Age: 14

Stephen Chen from New Retirement says that a teachable money moment, “happened this evening after we were headed back from playing basketball. He was hungry and wanted to grab something at Whole Foods – macaroni and cheese from the prepared foods section.

He thought it would be < $5. I thought it would be a lot more since it was dense and this is not a great thing to buy by weight from Whole Foods…

Turns out it was $10.50. I ended up buying it since it would have gotten tossed but we had a good discussion about being thoughtful about spending and considering alternatives.”

I asked Stephen to follow-up on what, if any, his child took from his efforts to impart some money wisdom in this teachable moment.

Stephen said, “he understood that it was a lot to pay for a food choice that is normally inexpensive (and not that nutritious) and that there were lower cost options (frozen or stove top). He did get that there are better value ways to spend dollars when buying things by weight – ex. mashed potatoes vs. raspberries. Also discussed that different retailers have different price points and types of customers (whole food/paycheck vs Safeway – regional California chain). Would he have spent that much if it was his money vs. mine? What else could be get for $10.50?”

Teachable Moment #2: A Loan is Never Guaranteed to be Repaid, from a Hasty, $5 Yard-Sale-Teddy-Bear
Kiddo’s Name (real or anonymous): Anonymous
Age: 6

Kate Horrell of Paycheck Chronicles writes about how her child, who normally receives $1.50/week in allowance, asked for an allowance advance on the remaining $6.00 one month after learning that her big sister gets their entire months’ allowance in one fell swoop.

But what happened?

Well, her daughter turned up crying in a very short amount of time. It turns out her big sister had said she “might” pay for a teddy bear the little girl wanted at a yard sale ($5.00). The big sis paid, and then told her little sister that she now owed her the $5.00 because by her paying for the teddy bear for her little sister it meant that she had taken out a loan (with the “gotcha” being that she said “might” and not that she actually, 100%, would).

What an interesting situation!

Mama Bear Kate took the situation as a teachable moment for several different kinds of lessons, such as the perils of lending/borrowing with friends and family, fully outlining and understanding financial negotiations before entering into them, loans aren’t always repaid, etc.

But of course, all these teachable moments from this one incident didn’t happen at once. That would be a little overwhelming even to an adult!

Kate says, “In my experience, they each learn a little bit every year (just like us adults.) I think they have definitely learned that a loan is never guaranteed to be repaid:).”

Teachable Moment #3: Thinking through The Free Toy Sales Gimmick from his Kid’s Candy-Toy Addiction
Kiddo’s Name (real or anonymous): Michael
Age: 5

Joseph, who has curated a big collection of tips from financial bloggers on how to teach kids money-saving tips, shares, “My son Michael just turned 5 years old. He’s completely hooked on the candies with little toys inside – the chocolate eggs or the cups of yogurt with the plastic toys in the bottom of the cup. Of course, the toy really isn't worth much and they mark up the candy because they know kids will pressure their parents to buy.

Trying to ween my son off these, I told him that instead of buying one or two of these a week as we normally did, he could spend half the amount on anything he wanted. I helped him see choices between buying the one candy/toy combination or buying a much better toy by itself.

Not only was I trying to get him off the candy treats but also wanted to help him see through the commercialized sales pitch, i.e. see through the candy/toy gimmick.

He still asks for the candy every once in a while, but not as often as before. Hopefully it will help him be a better consumer, not so easily persuaded by gimmicks and sales pitches, when he's older.”

Teachable Moment #4: Loan Spawned from Broken Laptop Makes Child More Responsible
Kiddo’s Name (real or anonymous): Anonymous
Age: teen

William H. Dwight of FamZoo offers up the following teachable money moment he used in his own household with his son, the heavy metal drummer:

William, a self-proclaimed “nerdy computer science Dad,” bought his son a fancy Mac laptop to record music with his buddies. He wanted to support his child’s creative pursuits, especially since it was being encouraged by his son’s music teacher.

Except that then, six months later, he learned it had been trashed. Not only did his child show complete disregard for this really expensive gift from his father, but he casually announced, “my music teacher says I need a new one.”

As if laptops fall out of the sky!

William said, “Here’s the deal: I’m not going to buy you one, but I’ll give you a loan, and I’m going to garnish your wages for the next year and a half to pay this thing back.”

This resulted in 40% of his weekly allowance disappearing to pay for an item he really wanted. Subsequently, he took a LOT better care of the second laptop than he did the first.

William recalls, “He took really good care of that thing. He had that computer longer than any computer I could remember. It was a total game changer.”

Teachable Moment #5: How to Start a Business and Create a Business Plan from Daughter’s Idea
Kiddo’s Name (real or anonymous): Sienna Jaye
Age: 11

Small-biz-owner Jennifer Franklin shares, “My 11-year-old daughter recently came to me with an idea for her own business. She told me her idea to start an online apparel store for young girls like herself. We talked about a business plan and how she was going to fund her business.”

I was super curious to hear what they talked about during this business plan conversation. Jennifer shares the following points:

Business Plan:

1 | We talked about what she would need to get started. She made a list of things she would need that included: logo, website, designs, apparel, heat press.

2 | We also talked about how she was going to get started. She made a to-do list.

3 | Her original idea was to print the shirts herself, but soon found out the initial cost was going to be more than she could invest.

4 | She researched and found a company online that will print her designs for her. The company she found would not have been my first choice because the profits are smaller and she has to send her customers to their website to make the purchase. I gave her my advice, but in the end she chose to go with her original decision. The reasons she gave were: the apparel options are “cooler” and it was easier for her to create and upload her designs.

How to Fund Business:

1 | We talked about how much money she had on hand and in the bank. And how she probably didn’t want to use it all up front.

2 | We also talked about who she could ask for a loan if she needed more money to get started. Mom, Dad, Grandma, Grandpa were some of her answers.

3 | She also brought up that she could ask Grandma if she had any jobs for her to do. (Grandma sometimes “hires” her to help out with odd jobs.)

4 | Her initial investment was only $51.51 to get started. We used a coupon code from GoDaddy to set up a domain and a managed WordPress website for only $12 for the year. She purchased one of her designs to make sure the quality was what she was looking for and used a 30% coupon code. The hoodie cost $39.51.

This talk really got the ball rolling. Jennifer says, “Over the weekend, she put her plan in action all on her own: designed her logo, created apparel designs on a website she found and set up her website (she had a little direction from me on how to set up the website.) She has told her friends at school and has already sold a few items. It was pretty cool to see her in action.

Love that we can inspire a whole new generation of girl bosses!:)”

And a little cherry on top? Her daughter left the following note on her mother’s desk (*heart melting*):

Wow. These are some powerful money teachable moments that could have passed by as so many other moments do in our lives.

Instead, these mothers and fathers seized the opportunity and decided to create a lesson from it that their kids are not likely to forget.

Now it’s your turn! What teachable moments have you taken advantage of in your own life? How did they crop up? Any inspiration from the moments above? Please share!

9 Money Educational Toys for Kids this Christmas

Money educational toys for kids provide the best of both worlds — fun for now, and lessons that will stay with them into adulthood when they'll need those important life skills.

I’ve got an idea. This year, instead of gifting money to your nieces, nephews, and other kid(dos) your life, why not gift money educational toys for kids?

Not only will they have fun playing with them now, but they’ll learn some valuable money lessons. If nothing else, then they’ll get more exposure to the super-important life skill of dealing with money.

Whether you’ve got a budding kidpreneur, or someone who has yet to ask about money, here are 9 educational toys for kids to put under your tree.

Money Gift #1: Play & Learn Cash Register by The Learning Journey

Age Range: 3+ years

This cash register comes with 12 different food options and 12 different price options. Your child can mix and match between the two to price their inventory.

There are 3 slots in the drawer, and it comes furnished with $1’s, $5’s, $10’s, and $20’s.

Pssst: And with your kid(dos) new cash register? Don’t forget your free money play starter kit.

Money Gift #2: Moonjar Classic Piggy Bank

Age Range: 5-12 years

This award-winning savings jar allows kids to divvy up their money between saving, spending, and sharing. A Family Guidebook and Passbook are included, and the individual compartments can be taken out, or kept together in one bundle.

Money Gift #3: Big Money – 3D Magnetic Coins and Bills

Age Range: 5+ years
Is it just me, or does blowing something up in size make it seem less intimidating?

Take the mystery out of dollars and coins for your kids by using this batch of magnetic currency. How fun would it be to put them on your fridge one morning before your kid(dos) come down?

It also comes with an 8-page activity guide detailing several activities you can do with your magnetized, oversized currency, such as:

  • Teaching Money with Dates
  • Showing Equivalent Values (for example, two dimes and one nickel is the same as one quarter)
  • More, Less, or Equal?
  • Reducing a Group Down to One
  • Classroom-specific activities

How else could you use this? You could use the magnetic coins for The Penny Method, a behavioral changing system Thrift Diving uses with her children.

Or how about having your child tally up their earnings or “commissions” throughout the week on the fridge using these magnets, then giving you the total on payday to pay them out in real money? This will give them more exposure to actual money denominations in a plastic world.

Money Gift #4: Quick Pix Money

Age Range: 7+ years

2-6 Players
Getting tired of Go Fish or Uno on family game night? Here’s a wonderful alternative, with a real money lesson to boot.

You deal out five cards per player from the “Answer” deck, then turn over the top card on the problem deck. The winner is the first person to win five matched sets by correctly (and quickly) placing the right answer onto the problem card. Problem cards have a group of coins on them, and it’s your job to match the correct coins layout with the values on an answer card (so if you don’t have the right answer, you don’t play a card that time).

Of course, multiple players may have the right answer at the same time, so the quickest person to identify + place their correct answer card down will win the match!

Money Gift #5: The Lemonade War, Jacqueline Davies

Age Range: 7-10 years

I absolutely adored this book.

Jessie and her brother, Evan, love each other. Deep down. And usually they function well as a brother/sister unit. But when Evan finds out that his very intelligent sister is going to be skipping ahead to his own grade, his bad emotions come out of nowhere.

They begin selling lemonade together, and end up starting an all-out lemonade war due to lots of miscommunication that escalate things (gee, that never happens in real life!). And who wins? The person who makes a profit of $100 by the end of the week.

The Money Lesson(s): One of the great money lessons in this book is how it’s geared towards making big business concepts understandable in terms of something your tween gets — a lemonade stand. So, they learn about things like Underselling, Value-Added, Profit Margin, and Franchises. An overall highly valuable money lesson is how to take an idea you have to make money, and see it through. These two really know how to implement, and that’s where the rubber meets the road.

Life Lesson(s): I think one of the best life lessons in this book that isn’t necessarily pointed out is that each person, no matter what their skills or capabilities, can bring valuable assets to the table. Jessie is a whiz when it comes to math, calculations, and ideas for how to increase profits. Evan is more of a people person, which is hugely important in a business.

Money Gift #6: Moneywise Kids

Age Range: 6-12 years

2 Players
An award-winning Money Math Game, Moneywise Kids seeks to teach kids the idea that bills are monthly through one of two games:

  • Game 1 – Bill Maker: You each take turn rolling the dice and collecting money. Then each turn you trade up your money to the highest denomination you can get. So, for example, if you have five $1-bills, then you can trade it in for a $5-bill. Then when you get two $5-bills, you can trade them in with the banker for a $10-bill. The goal here is to work up to a $100 bill first.
  • Game 2 – Bill Breaker: The goal here is to buy all 6 markers (each marker is a monthly bill, such as “A Place to Live,” “Something to Wear,” and “Medical Care,”) PLUS put $100 into your savings. The first person to do so, wins.

I really like the back of the boards, where the game-maker gives you concrete ways to make real-world connections for each of the monthly bills discussed in the Bill Breaker game.

Money Book #7: Lawn Boy, Gary Paulsen

Age Range: 8-12

I’ve said it before and I’ll say it again: financial limits and boundaries breed creativity. In this case, being a broke kid bred a whole business!

Lawn Boy is a pretty great book about a kid who started an entire lawn-mowing business − complete with workers − all because his parents didn’t have enough money to help him buy a new bike inner tube.

While this book is bent towards economics, it’s also great for making entrepreneurship seem a bit more accessible. It gives your kiddo a look into how another kid their age filled a demand for a service, and in the meantime, earned lots of money.

The Money Lesson(s): Get this book for your kiddo for the business and entrepreneur lessons. However, warn your kid about the use of penny stocks and investing their money with random people. Yes, Lawn Boy makes a small fortune when his stockbroker neighbor-turned business manager invests his money into penny stocks. But that’s not likely to happen.

Life Lesson(s): Keep your eyes open for opportunities. And sometimes? It comes in the form of work. A lot of work.

Money Gift #8: Coin Collecting for Kids

Age Range: 8-12 years

This is an impressive, sturdy (it’s board book material), coin collecting kit for kids for coins through 2020.

Kids can scour the coin jar, the streets, the couch cushions, etc. to fill out the following collections (slots for over 150 coins):

  • 50 State Quarters
  • Presidential $1 Coins
  • Westward Journey Nickel Series
  • Birth Year Coins
  • Indian Head Cent
  • Franklin Half Dollar

Not only is it a helpful holding place for each of these coins, but it also teaches your child about coin collection and mints. Don’t be surprised if they start talking to you about reeding (the tiny grooves around the edges), or start grading the coins that come across their path from uncirculated all the way up to Very Good.

The only problem? You might not have any more change around your home once your kids get their hands on whatever they can to fill it up!

Who knows what their coin collection could be worth one day?

Money Gift #9: Bulls & Bears: The Game of Booms and Busts

Age Range: 13+ years

Looking for a robust game that will teach your kid(dos) about investing, stock market risks, and really important things like investing for their retirement?

This is it.

It’s so robust – think the complexity of Monopoly, but with the goal of teaching investing –that you might want to have your child review the free online guidebook provided by game-maker to get their investing sea-legs.

Some really interesting + priceless lessons built into this game:

  • Importance of Diversification: Player’s portfolios are assessed periodically by banks to make sure they’re diversified.
  • Current Events’ Influence on the Market: Stock purchase decisions are based on how they think the market will react to different news flashes (talk about great prep for investing in the real world!).
  • How to Calculate Net Worth: Having the players calculate their net worth (sum of all cash and investments minus any mortgage or other debts owed).
  • 3 Key Investments to Make for Long-Term Financial Security: Goal of the game is to acquire a net worth of $200,000 while owning these three key assets – a retirement plan, a home, and health/property insurance.

You've now got a list of 9 money educational tools for kids. Make use of them! Your kid(dos) will thank you.

I love these educational toys for kids! Great ideas for holiday gifts. #educationaltoysforkids #educationaltoys #kids #christmasgiftsforkids |

21 Cool Piggy Banks as Gifts for Kids

Cool piggy banks for kids to get them excited about saving money plus best piggy banks for toddlers. Heck, they might even accumulate some money instead of you finding it crumpled up in their jeans pocket!

The piggy bank. It’s kinda the first instrument/tool/resource you can give your kiddo, or your niece, nephew, grandchild, etc. to get them interested in saving money. But there are tons of kids banks out there. Which are the best piggy banks for kids?

Saving money for kids starts simply by giving them a place to accumulate their extra coins + cash. Instead of leaving a dollar here, $0.50 in their wallet, and finding money crumpled up in the corner of their bedroom…you can now give them a place to store it. In a kids bank!

And not only store it, but to watch it grow into something.

Getting a child interested in accumulating money can lead to some really cool outcomes later in their lives, such as them being able to fund their needs + wants + dreams.

In other words, by gifting them one of these unique piggy banks for kids below, you'll be able to pat yourself on the back down the road when you see them living their lives OUT LOUD.

Choose from one of the 21 unique piggy banks to get the kid(dos) in your life interested in accumulating money (or at least, not spending all of it as soon as it reaches their pocket — which for their age, is a solid start).

FYI: all prices below are estimates, as we all know how much Amazon loves to change prices as the seasons progress.

Pssst: ever wondered why people put coins into pigs, anyway? I mean, why not put coins into cows? Or dogs? Turns out they’ve been doing it for centuries. Check out the history of the piggy bank here so that you can add in a fun story to tell your kid(dos) when you give them their very own!

Kid Piggy Banks with Single-Use Savings Category

These piggy banks have one slot, and one opening to access the money from that slot (yes, gone are the days where you have to smash your piggy bank to get the money out. Could be a good thing, could be a bad thing…depends on how impulsive your little one is!).

Piggy Bank #1: National Geographic’s Glow in the dark moon bank

My 8-year-old, astronaut-obsessed self just got excited – this coin bank is actually made with real meteorite from outer space!

Piggy Bank #2: Pokémon Pokeball Kids Coin Bank

Did you ever give Pokémon GO a whirl? C’mon, tell the truth. I actually tried it out myself after hearing about it from NPR. After several duels in the bread + vegetable aisles at the grocery store, I threw in the towel.

For any little Pokémon fanatics in your life, this is the bank.

Piggy Bank #3: Frozen Elsa Piggy Bank

Fun little fact: my husband is in love with Frozen. He might not admit to it out on the street…but he is. He plays the songs for our little guy on his phone (and may or may not sing along with them).

Any other Frozen fans on your shopping list? Personally, I’m wondering how many coins will actually fit inside this Elsa doll.

Piggy Bank #4: Dog Mechanical Piggy Bank

Two things you need to know: this dog’s name is Bailey…and he eats spare change. Nice way to encourage your kid(dos) to put their coins “away”!

Piggy Bank #5: Emergency Money Bank

Want to start instilling the need for an emergency savings fund? This coin bank is a great conversation starter for that. Bonus: no batteries needed.

Piggy Bank #6: Elephant piggy bank

This elephant piggy bank is so cute, you might just want to scratch under his little trunk.

Piggy Bank #7: Jumbo Coca-Cola Bottle Bank

My grandparents had this two-foot tall Coca-Cola bank…and when they cashed it in after years and years of plunking all their pocket change into it, the total was over $800! Nice.

Piggy Bank #8: 4 Jumbo (20″) Tall Plastic Crayon Piggy Banks

What a cool way to categorize four different reasons to save your money!

Piggy Bank #9: Light Up Kids Railroad Standing Bank

Kid(dos) get immediate gratification when putting their hard-found coins in this giant bank, which lights up as if a train were passing each time a coin is deposited.

Piggy Bank #10: Owl Piggy Bank

Can I just say how super-cute this little guy is? I mean, who couldn’t help but want to feed him nickels and dimes?

Piggy Bank #11: Kate Spade Elephant Piggy Bank

Stylish + chic are the words I’d use to describe this Kate-Spade designed elephant piggy bank. Black and white, and would match any décor. Bonus: it’s so stylish that really, it’ll grow with the child.

Heck, I’d like to have this little guy sitting on my library-turned-playroom shelf!

Piggy Bank #12: Paint your own piggy bank

My favorite? The cow. I want to paint the cow! Probably has nothing to do with me growing up on a dairy farm. Nothing at all.

Piggy Bank #13: Digital Coin Counter Savings Jar

There’s a digital LCD screen display that counts and keeps track of the jar’s savings for your kid(dos)! And if they happen to raid the money-candy jar early, or if they want to add some bills instead of coins? They can work on some money skills by using the add/subtract button to report the amount. Another unique part of this bank is that you can just unscrew the lid to get out your cash. That could be a good thing…or a bad thing.

Piggy Bank #14: Cat Stealing Coins Bank

Soooo…there’s this cool cat who apparently likes to pop up and steal your coins when you place them on a certain spot. What kid (or adult, for that matter) wouldn’t try to place more coins on that spot (which happens to lead directly into savings)?

Toddler piggy bank, for sure!

Piggy Bank #15: Doctor Who – Tardis 12th Doctor Talking Money Bank

Any Doctor Who fans out there? Here’s an official Doctor Who product all about getting your kid excited to save their money.

Divided Piggy Banks (Piggy Banks with Sections to Save, Tithe, Invest, etc.)

Looking for a piggy bank that will allow your kid(dos) to divvy up their precious dollars into different categories, like tithing, spending, saving, and investing? These banks are for you.

Piggy Bank #16: Moonjar classic piggy bank

This award-winning savings jar allows kids to divvy up their money between saving, spending, and sharing. A Family Guidebook and Passbook are included, and the individual compartments can be taken out, or kept together in one bundle.

Piggy Bank #17: Legos-Looking piggy bank

Have a little person who is really into building blocks? This piggy bank will delight them. I like how the individual containers are transparent, which is one way to get your child to see their money physically growing (or declining, if they decide to use the funds early).

Piggy Bank #18: Fire Truck Coin Bank

My two-year old is obsessed with fire trucks. On a recent visit to PA where my family lives, he actually got to tour one! Which isn’t out of the ordinary, as my Mom’s side of the family owns a firehouse.

So this could be a great toddler piggy bank for us. The neat thing about this coin bank is there are four chambers for SAVE-INVEST-GIVE-SPEND, with four different exits.

Piggy Bank #19: Surfboards piggy bank

This surfing bank gives your kids the option to put their money in four different categories: spend, give, invest, and save. It actually made an appearance in Oprah Magazine’s Favorite Things section!

Piggy Bank #20: Smart Piggy Trio Bank

This is a set of three boxes with magnetic closures that cover your kid(dos)’ money needs for spending, saving, and sharing. Boxes can be stored together, or taken out as separate components. Also comes with a simple kid’s money guide.

Piggy Bank #21: Money Savvy Pig

I love how transparent the four chambers are with this piggy, one each for: save, spend, donate, and invest. It also comes with stickers to decorate each of the four categories with.

Now that You’ve Picked out a Kids Piggy Bank…

I want to give you a few more resources, as buying your kid(dos) or the children in your life a piggy bank is likely to peak their money interest.

  • Money Conversation Starters for Kids + Families: Don’t be surprised if buying your kid their first piggy bank helps start the money conversation. This is a good thing! I’ve got a free money conversation starter resource for you here that dubs as a fun family dinnertime game.
  • Creative Ways to Help them Fund their Piggy Bank: And how can you help fund your child’s new piggy bank? Well, I’ve got some creative ways to help you fund either their piggy bank, or their savings account.
  • How to Open Your Child’s First Savings Account: The next step after accumulating money in a piggy bank? Is opening a savings account where not only can your child accumulate money like in childrens banks, but they can grow it via the awesomeness of compound interest. Once you’re ready to open that savings account, check out my guide for how to open your child’s first savings account.
  • Savings for Your Child Now + in the Future: If your child is not really ready to house money in a savings account, then do this. Give them a piggy bank, then also open the savings account for them. Use this strategy to fund their savings account starting this holiday. They won’t miss at least part of the money, and you can be saving a hefty sum towards their future without them knowing it (at least until they’re old enough to appreciate it).

Unique piggy banks for kids | looking for cool piggy banks for kids? I've got 21 for you. Not only that, but read to the end for some resources for how to teach your kid to save money. After all, they'll be super interested in the idea once they see their new gift. #uniquepiggybanks #forkids #products|