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The Mini ATM Bank is an ideal tool to teach children about saving and financial management. This product helps cultivate fundamental financial concepts and improve financial literacy from an early age. From understanding money, counting and managing funds, planning money usage, to setting financial goals, these exercises provide a preliminary grasp of basic personal finance.
Coin recognition: The ATM automatically counts and recognizes all U.S. circulating coins, including pennies, nickels, dimes, quarters, half dollars, and dollar coins. The LCD display and audio feedback announce the coin amount, which is then updated in the account balance.
Automatic banknote deposit: Simply fold U.S. banknotes in half and insert them into the note slot. The ATM will automatically feed the notes and record the deposit amount, adjusting the account balance accordingly.
Savings goal: Users can set a target deposit amount and monitor the progress. The current balance and distance to the goal can be checked at any time.
Password protection: The initial password is 0000, which can be changed to a custom 4-digit code. If forgotten, the password can be reset to the default.
Bank card integration: Inserting a card enables checking the balance, making withdrawals, adjusting the savings goal, and changing the password.
Security features: An alarm will sound if the ATM box is opened and not closed promptly, and any coins or notes that fall outside can be retrieved.
Volume control: The volume can be adjusted to suit different environments, with the option to mute the sound.
Comprehensive kit: The package includes the ATM device and a play debit card, providing a complete hands-on learning experience.
This Mini ATM Bank serves as a STEM educational toy that helps children ages 6 and up learn about:
Money handling: Identifying, counting, and managing U.S. coins and banknotes in a real-world simulation.
ATM operations: Performing basic banking tasks like deposits, withdrawals, and balance checks using a card.
Financial goal-setting: Establishing savings targets and monitoring progress toward achieving them.
Financial responsibility: Understanding the importance of living within one's means, a fundamental principle of personal finance.
As an engaging and interactive learning tool, the Mini ATM Bank encourages children to develop good financial habits from an early age. Its rich voice interactions, large digital display, customizable password, and safe storage make it a fun and educational gift for boys and girls alike.
product information:
Attribute | Value | ||||
---|---|---|---|---|---|
product_dimensions | 5.9 x 5.43 x 7.87 inches | ||||
item_weight | 1.72 pounds | ||||
manufacturer | Like Electronic Limited | ||||
country_of_origin | China | ||||
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best_sellers_rank | #277,734 in Toys & Games (See Top 100 in Toys & Games) #1,266 in Kids' Money Banks | ||||
date_first_available | January 9, 2021 |