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Hey, Big Spender

Filed under: Toys, Gadgets, Shopping

Ekomini Bank

Smart saving habits start at home. Credit: Ekomini


We all know that teaching our kids to read and write is crucial to their success in life, but what about teaching them to save, spend and budget money? According to Philippe Racine, the creator of Ekomini, these skills are just as essential, but often go untaught. His solution is an electronic piggy bank that connects to a computer via USB and allows kids to track their savings balance, work towards purchase goals, and learn about donating and investing their money. It's like a bank account for kids --thankfully without a debit card.

Available for $40 at ekomini.com.

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Start by teaching him that it is safe to do so.