# Millenium Parenting Teaching children to manage money: in real life, and online. By [Bianca](https://www.trendhunter.com/bianca), Brand & Innovation Strategist | Published Sep 18, 2008, updated Nov 19, 2009 | Category: [Social Good](https://www.trendhunter.com/pro/category/social-trends) Source: Trend Hunter, https://www.trendhunter.com/protrends/dernier-cri-parenting-teaching-children-to-manage-money-in-real-life-and-on ## Key Figures - Trend score: 3.2/10 - Evidence articles: 5 ## What is the Millenium Parenting trend? **Millenium Parenting:** 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. ## At a Glance - Evidence: 5 featured examples - Articles from: Feb 28 to Aug 30, 2008 - Published: Sep 18, 2008 - Patterns: [Convergence](https://www.trendhunter.com/pattern/convergence) - Megatrends: [Hybridization](https://www.trendhunter.com/megatrend/hybridization), [Simplicity](https://www.trendhunter.com/megatrend/simplicity), [Youthfulness](https://www.trendhunter.com/megatrend/youthfulness) ## Audience - Gender: 50% men, 50% women - Primary generations: Gen Alpha, Millennial, Gen X - Top markets: North America, Europe ## Themes within the Millenium Parenting trend ### 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. ### 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. ### 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. ## What the Millenium Parenting trend means for industry ### For 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. ### For 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. ### For 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. ## Trend signals for Millenium Parenting Trend score 3.2 out of 10, from popularity 54%, activity 35%, freshness 8%. - Popularity: 54% - Activity: 35% - Freshness: 8% ## Examples of the Millenium Parenting trend 5 featured examples from Feb 28 to Aug 30, 2008. - [High-Tech Savings & Donation](https://www.trendhunter.com/trends/credit-card-pig-bank): Credit Card Pig Bank (Category: Unique) Implication: The credit card pig bank presents an opportunity for banks and credit card companies to develop and promote contactless payment solutions. - [Charging Children for Rides](https://www.trendhunter.com/trends/getting-kid-payback-dads-cab-meter-for-hauling-offspring): Dad's Cab Meter (Category: Tech) Implication: Disruptive innovation opportunity: Offer specialized ride-hailing or transportation services specifically aimed at parents and children, providing added convenience and monetizati… - [Mini ATM Machines](https://www.trendhunter.com/trends/mini-atm-machine-the-piggy-bank-of-the-millennium): The Piggy Bank of the Millennium (Category: Art & Design) Implication: Mini home ATM machines represent a disruptive innovation in the personal finance industry, providing individuals with a personalized and convenient money management solution. - [Electronic Edutainment System](https://www.trendhunter.com/trends/touch-table-ees): Touch Table EES (Category: Tech) Implication: Opportunity for educational technology companies to create educational devices that integrate interactive technology, create personalized learning experiences and gamify learning… - [Chore Rewards 2.0 (UPDATE)](https://www.trendhunter.com/trends/active-allowance): Active Allowance (Category: Pop Culture) Implication: Active Allowance's virtual bank account has disruptive innovation potential in the financial technology industry. ## Recent trend clusters - [Assisted Choices](https://www.trendhunter.com/protrends/weight-loss-medication-support) (Lifestyle) - [Storyline Sips](https://www.trendhunter.com/protrends/themed-drink-menus) (Lifestyle) - [Bedtime Cocoon](https://www.trendhunter.com/protrends/sleep-sensory-blocking) (Lifestyle) - [Source Signatures](https://www.trendhunter.com/protrends/oak-finish-whiskey) (Lifestyle) ## Trending in Social Good - [Athlete-Partnership Charity Pizzas](https://www.trendhunter.com/trends/nick-bosa) - [Pet Rescue Food Donations](https://www.trendhunter.com/trends/badlands-ranch) - [Life Jacket Technology Advancements](https://www.trendhunter.com/trends/life-jacket-technology) All articles: [Social Good](https://www.trendhunter.com/socialgood)