This Smart Piggy Bank Teaches Children How to Save Their Money

By: Katherine Pendrill - Oct 9, 2015
References: ernit & kickstarter
‘ERNIT’ is a smart piggy bank that teaches children how to save their money. Many parents think that it is important to teach their children about the importance of saving at a young age. This high-tech coin receptacle provides a simple tool for parents to give their children a lesson in financial literacy.

ERNIT is an app-connected piggy bank that helps foster good money management habits. The app can be used by parents and their children to start a conversation about the importance of saving. The app allows parents to set goals for their children and helps them discuss how to reach those milestones. When children put money towards their goal, the smart piggy bank will illuminate to indicate how much progress they have made. The idea is to teach children about the importance of saving by turning the activity into a fun and rewarding experience.

ERNIT is currently running a Kickstarter campaign to bring the product to families everywhere.