Classic MoonJar Award Winning SAVE SPEND SHARE Educational Tin Toy Bank with Passbook| Moneybox for Children 3+ Years | Teaches Responsible Money Management & Financial Skills

Works great for my 6 year old who already is starting to understand needing to divide his allowance between spending now, saving for later, and gifts for others. I’d say it’s unlikely this would be successful for kids younger than that (stick with one little bank that helps them just save)

We use this for our 8 year old to gain some financial insight, and honestly it has worked out better than I expected! He does have to be reminded to write down when he adds and takes money out. So I do most of the writing because his handwriting is sloppy, but we love the concept and he has saved all his money for the last 6 months. We go to the store and he passes up buying things. 6 months ago he would blow through all his money. Really good concept to help them appreciate money.

Note on capacity - Putting paper money quickly reduces the overall capacity, it's hard to make sure coins land on top of bills to flatten them. If you want to be able to put a lot of money in these, but don't have a lot of coins, I'd suggest parents (or whoever) to buy a package of those little round, plastic counters, or toy coins. You could convert smaller bills to "quarters" or label them for specific bill sizes. I think a kid especially might find filling one of the containers to the brim more exciting this way, as by the end, unless you use a lot of larger bills, there'll be more money in it.I got this for myself to split a couple of different goals I'm saving for. I didn't like the form factor of keeping mason jars with lids, and I have a hard time not forgetting where I put cash envelopes or accordion folders. These banks are held together by a yellow rubber band, and keeping them in the die-cut paper base helps hold it together a bit as well. However, the best place to put the rubber band is around the middle of the containers, but the die cut has a tendency to get stuck under the rubber bands at most positions I put it at. The lids are a little hard to remove, too. I suppose this helps them be extremely mild deterrents to a child opening them sooner, but I also feel like the metal isn't strong enough that you can pry at will. Overall I like these, they help keep me organized. I think a family would find this to be useful for kids learning money management, or even just to keep multiple piggy banks in one easy-to-store unit.

We're doing the "spend-save-share" allowance thing with our nine year old daughter, so I was looking for a bank that would make that simpler. I was a little hesitant to purchase this because it seemed on the smallish size and a little pricey, but it's been a GREAT bank. The bank itself is translucent and slides out of the sleeve it arrives in, so you can see the money that is inside and how it builds up. It holds both change and paper money.The three parts of the bank come apart, so your child can bring the "save" part with her to the bank or bring the "share" part with her to local orgnizations (we volunteer at a local animal shelter, so she brings the little "share" section of the bank with her to the shelter and puts the money into the donation box), etc.It also comes with a little bank book, so your kids can input the money as it comes and goes.All in all, I think this is a great introduction to actual banking, as well as a great way to watch money grow over time. Very neat, and great quality.

Purchased two for my kids and they love it. Husband and I decided we wanted to start giving our kids money but we wanted them to earn it. We figured right now is the perfect time to start seeing the value of money and the work that needs to be put in and the rewards that are to come. They love counting up their ones and having the three different compartments helps them divide up their money. They are tin cans and the cans haven't been dropped but they seem very sturdy.Highly recommend for kiddos starting age 6.

I bought this as a gift for a birthday gift for an 8 year old boy. I figured it was time for him to start learning about money: saving spending and sharing. Excellent principles for anyone to learn. This is a great tool.

What a fantastic gift for a child! I gave each grandchild one of these banks and some dollar bills so the child could decide what to spend, what to save, and what to share. A lifetime of learning!

Great for teaching kids about money. Although does not work great for my kids when they have constant access to them because they rearrange the money. I like that we can take down one canister at a time to limit the 'distraction' potential. Kids are ages 7 and 4.Update after 2 years: I'm ordering one for my now 4 year old. Seems to be a good age to start using the bank and keeping allowance. The rubber bands do not hold up for two years (what rubber bands do?), but any old rubber band that fits seems to do. We have plenty laying around from school paintings and grocery produce. Also, we have had other banks that were 3 attached compartments, and this has worked way better for us - it's hard to just get money out of one compartment without emptying the rest when they are all attached together. The banks sit compactly on a high shelf in the kitchen and are easy to take down when they get their allowance. Then they go back up on the shelf.