This is an “adult” way to get kids to save. The YOUniverse ATM Machine Bank is something like a coin bank for kids but on a high-tech side. Rather than the usual piggy, this one is designed like an ATM machine and it allows kids to put in coins as well as notes into the machine to save.
What is also included is an electronic card that keeps track of the balance that your kid has put in and withdrawn. You need a PIN to get the machine to work, just like how it is with a real ATM machine. This kid’s money bank may be a toy, but it will teach youngsters about savings and value of money. The important thing is it will also motivate them to save.