Secondly, it sets small goals for young children to attain and keeps a running tally of the money deposited.
This bank is made for preschoolers to help them understand the concept of saving money and to help them learn the monetary denominations of the coins they put in.
My daughter was very proud of herself as she approached her first $5.00 goal. She could care less about the "mechanical gears" on the inside. What intrigues her most, as with most 3 & 4 year olds, is that she is learning how to save BY HERSELF!!
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My son had saved some money in his old piggy bank and we were out to spend it. He saw this and really wanted it. I thought that it would be a fun way to save and he loves playing with it. However, there are some aspects of it that could be improved upon:1. The display at the front with the wheels and chutes it a little misleading, I thought that a there would be a lot more movement when the coin was dropped in than there is.
2.The savings drawer is too small and easily removed so most of the time my son removes the money from it and leaves it on the floor.
In addition, I'm not sure how you would get the maximum amount that you can save on the savings counter into the savings drawer unless you were only saving quarters since it is not very big. Once it starts filling up, the money starts to back up into the display screen and you need to shake it to get it to fall into the savings drawer.
3. Once the money has been removed from the savings drawer, the machine doesn't automatically reset to zero so unless you manually do it, when you put the money in, it keeps counting from what was in there already. So if you had $5 in the savings drawer, removed it and then started re-inserting money it would register as $5 plus what you had just put in. It's hard to get across to my 3 year old that you need to zero it again for the balance on the display to be accurate.
4. It doesn't have a slot for dollar coins, can't imagine why not.
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I got this for my daughter for her 4th birthday. I use this bank and a reward system. My daughter has set a goal for somthing that she wants and when she make a good choice she gets to add to her bank and try to reach her goal. It has been wonderful. It has cut down the fit throwing by 90%. I love to do it.Honest reviews on LeapFrog Super Saver Teaching Bank
My son received the Super Saver Teaching Bank for his 3rd birthday. It was a party favorite as soon as he opened it. As stated in other reviews, the Super Saver recites facts and also playes a short rap song that had everyone grooving.Everyone passed around the bank and deposited their coins into the slot. Before you know it, my son left his party with $22.00.
He can identify the different coins and is learning simple math. He enjoys saving and will not hesitate to ask his father as soon as he walks into the house if he has any money. When my husband gives him a coin he runs to the bank singing the song "For The Love Of Money" by the O'Jays.
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My 3 year old received this toy for his birthday. It seemed great at first. He quickly learned to identify the different coins by name, and was learning the concept of saving money. That is, until he learned to open the back of the bank (and that only took about 2 weeks). Once he learned that, he was constantly taking the money back out of the bank. Not only does that defeat the concept of saving money, but the bank then no longer "knows" how much money is in it! I really wish that when they had designed this toy they made the back harder to open. Make it a real combination lock instead of just looking like one....make it screw on....just make it more of a challenge to open, because once they get the back off, there will never be any money in it again!
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