Thursday, March 18, 2010
"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."
I received a Money Savvy Pig a long time ago (longer than I'm willing to admit) and have been meaning to review it. I think it's a great idea! Depending on what grade I end up teaching, I think this could be used in my classroom to teach kids about money and how to save. It could also work for a token system economy for classroom management.
I like how it introduces kids to the ideas of investing and donating. I wish I could donate more. I've never really invested in anything. However, in this economy, I feel that it's a good idea to make kids aware of both.
I love how the pig comes in multiple colors! This can make children more interested, if you get them one in their favorite color. I just think this a great idea!
Disclaimer: I received a piggy bank for free for this review. No other compensation was received. The opinions expressed are my own.