This digital piggy bank teaches children about saving money while they have fun collecting an electronic allowance. While parents hardly ever have cold hard cash on them anymore, it's difficult to give children a sense of reward or ownership over a small personal savings collection. 'Clever Kash' is an app that's paired with a tangible piggy bank, allowing parents to e-transfer money to the child.
After a chore, lost tooth or birthday, parents and family members can use the Clever Kash app on their phone to swipe virtual notes and coins to the child. Shaped as a bright yellow elephant, the digital piggy bank acts as a fun toy for kids to watch their accounts slowly grow. With a screen on the animal's belly, their savings are displayed -- encouraging kids to save money and reach certain goals.