Teaching children to manage money: in real life, and online
Implications - Parents have always sought ways in which to teach their children to manage money, but today’s youth are hitting the web - so parents are coming up with novel ways to teach these responsibilities. Also emerging are non-tech yet highly modern approaches to neoteric parenting.
Trend Themes
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Virtual Allowance — Parents are turning to technology to teach children the value of money, with virtual allowance systems like Active Allowance providing incentivization for chores and good behavior.
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Tech-enhanced Parenting — Novel approaches to neoteric parenting, like edutainment systems such as ToyQuest's Touch Table EES are providing parents with interactive and educational tools to teach children through technology.
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Iot Piggy Banks — The Credit Card Pig Bank concept and mini home ATM machines, both acting as a modern twist on classic piggy banks, are providing an opportunity for companies to innovate IoT-enhanced savings and donation systems.
Industry Implications
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Education Technology (edtech) — Companies can innovate educational technology products that combine entertainment and learning, like ToyQuest's Touch Table EES, to teach children through interactive means.
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Fintech — As seen with the Credit Card Pig Bank concept and mini home ATM machines, companies can create innovative financial technology solutions like IoT-enhanced savings and donation systems.
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Parenting Tools and Apps — Companies can create innovative parenting tools and apps, like Active Allowance, that use technology to provide simplified and streamlined financial management for parents and children.
5 Featured, 9 Examples:
96,178 Total Clicks
Date Range:
Feb 08 — Sep 08
Trending:
Mild
Consumer Insight Topics:
