For many parents, teaching their children about money management is a top priority. In today's digital age, virtual piggy banks have emerged as a popular tool to help kids learn about money in a safe and fun way. Bex offers an easy sign up process and simple to use app to make starting your journey with digital pocket money easy and hassle free.

Encourages saving

Virtual piggy banks make saving money a fun and interactive experience for children. With features like goal setting and progress tracking, with setting goals in the bex app kids can visualise their savings goals and work towards achieving them. This helps them develop a sense of financial responsibility and learn the value of delayed gratification.

Easy to use

Virtual piggy banks are designed with kids in mind, making them simple and easy to use. With intuitive interfaces and engaging features, they make saving money a fun and rewarding experience for children of all ages. Many virtual piggy banks including bex or go henry and natwest rooster money also offer parental controls, allowing parents to monitor their child's spending and ensure they are staying on track with their savings goals.

Teaches financial literacy

Virtual piggy banks can be a valuable tool for teaching kids about financial literacy. Bex is passionate about educating the next generation to be financially savvy. By allowing children to see the consequences of their spending decisions, virtual piggy banks help to develop financial skills like budgeting, saving, and responsible spending. By learning these skills at a young age, children are better prepared to handle their finances as they grow older.

Safe and secure

Virtual piggy banks are a safe and secure way for kids to manage their money. Unlike traditional piggy banks, virtual piggy banks are protected by secure login credentials and encryption, ensuring that children's savings are safe and protected. Additionally, many virtual piggy banks have fraud protection measures in place to safeguard against any unauthorised transactions.

Virtual piggy banks are a fantastic tool for parents who want to teach their children about money management in a safe and engaging way. They offer many benefits, including encouraging saving, teaching financial literacy, and providing a safe and secure platform for kids to manage their money. With the rise of virtual piggy banks, kids' savings are truly entering the digital age.