Zillionz Savings Goal ATM Bank – great educational gift idea

Teaching kids young about money, especially saving money is important. My kids have had piggy banks since they were babies and enjoy putting money in and out. The same day I was offered the chance to review a Zillionz Toys product, my 3 year old daughter and I were at at the store playing with one, you can also buy it on Amazon.com.

I found it very odd and fun that without my direction, she went for this product! This is an excellent educational birthday gift or Christmas gift for kids!

Zillionz Savings Goal ATM Bank Video Review

Zillionz Savings Goal ATM Bank Hands On Review

The Zillionz Savings Goal ATM Bank is a fun way for kids to learn about money and banking at an early age. They will learn what many college kids don’t know: You gotta put money in the bank to take money out!  I absolutely love this product and so do my kids.

The ATM Bank actually functions like a real ATM with Real money.

ATM Features:

  1. Insert coins in the slot and it recognizes the difference between coin values and posts it on the screen.
  2. Real automatic bill feed to feed in any currency amount. After it takes your bill, you just have to type in the dollar value for it to be recorded.
  3. Mounts to your wall or stands up on its own on a flat surface.
  4. Personalized, it welcomes your child by name on the screen and only works with their personal PIN number.

How the Savings Goal ATM Bank works

When  you open the box, you will program in the date, time, your child’s name, and personal PIN number. Don’t worry, if you mess up you can always hit the reset button on the back! To start, your child will enter the ATM Card to activate the bank. The bank makes a thrilling sound to alert that the bank is on and ready for business. From here, you may make a deposit or make a withdraw. You must hit the deposit button before entering any money or the money will not be recorded. You must also remember the PIN number or after a couple attempts, it will turn off. Again, if your child forgets, you can start all over with the reset button.

When making a withdraw, you must type in the amount of money you withdrew so that it will keep an accurate count. You can check your account balance on the bank as well, with no charges unlike my bank!

You can also program the bank for your kids to set a goal. For instance, if your child really wants a certain toy that cost $100, they can save for it.  The bank will ask you what it is you are saving for, the cost, and when you want to buy it. Then, your child will see the goal, how much he has saved, and how much longer he has to save the remaining balance to meet his goal. In a society that wants everything now and pay later, this is a great learning tool to start your kids off in a responsible way.

This product is for kids ages 6 and up, however my 3 year old and 5 year old both enjoy it. I think it is great to teach kids early on the value of the dollar and  how to save money.

 

Buy Zillionz Savings Goal ATM Bank

You can buy the latest version Zillionz Savings Goal ATM Bank on Amazon.com.

This was not a paid post. My own opinions were used based on my perceptions and experience. Thank you to Zillionz who provided the product for review through Team Mom.

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Cindy
Founder and Lead Blogger at Akron Ohio Moms
Cindy is the top Akron Blogger with her own take on awesome brands for families, where to vacation for families, a beat on local activities and family fun, a knack for getting moms to share , and a house that is always 2 weeks away from a complete remodel!
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