MSRP: $16.99
Age: 4 to 11
Category: Award Winners
Watch Video NowToyDirectory Product ID#: 24747
The Money Savvy Pig® is a four-chambered bank designed to help kids and their parents or grandparents begin a conversation about money. It is designed to help teach basic money skills by introducing four choices: SAVE, SPEND, DONATE and INVEST. "Its unique four-chambered design allows children to deposit their money through four separate slots on the top of the bank — one slot for each money choice — and empty each money chamber individually through the feet on the bank," Melinda Voelcker, director of operations and marketing for Money Savvy Generation, told TDmonthly. It is available in six colors.
Awards: 2015 TDmonthly Magazine Top Toy Award; 2002 Parents' Choice Gold Award; 2008 National Parenting Publications Gold Award; 2008 Preferred Choice Creative Toy Award; and 2008 National Parenting Center Seal of Approval. Launch date: 2002.
— As of 05/12/2011 this product had 4.3 out of 5 stars from 34 customer reviews on Amazon.com. Cons: Three customers reported that the bank broke when they dropped it.
— The Money Savvy Pig is a traditional piggy bank on steroids. Instead of holding a child’s money in a single chamber, it utilizes four, labeled save, spend, donate and invest. Reviewers found that it works well with an allowance system. Trent Hamm of The Simple Dollar explains that even if children cannot completely understand the concepts behind the Money Savvy Pig, it can make it “so that saving seems like a completely natural thing.” See also 3 Garnets & 2 Sapphires. 7/23/2009 [Add to my Inquiry Basket][?]
