Money must seem like magic to kids. But how can they learn about money when it’s magically disappearing? Think about it, when we pay we use credit and debit cards more often than not.
TORONTO (PRWEB) October 24, 2018
Rocket Piggy, the revolutionary new gadget and app for kids that makes learning about money fun, is live on global crowdfunding platform Kickstarter and raising funds to bring the project to life.
Financial literacy is one of the most important skills that any person can learn in today’s society, yet it is also one of the areas where children are least likely to be taught whether by their parents or in school. Rocket Piggy is a groundbreaking new 2-way smart toy and smartphone app that allows children to start learning and practicing smart money habits at an early age.
"Money must seem like magic to kids. But how can they learn about money when it’s magically disappearing? Think about it, when we pay we use credit and debit cards more often than not. We don’t carry as much cash around as we used to. And the financial tools we grew up with, i.e. piggy banks, just don’t cut it any more. We thought, there must be a better way to help parents teach their kids money skills in an age-appropriate, 21st century way. There is and we call it Rocket Piggy,” says CEO Glenn Barrett on the inspiration behind the project.
Rocket Piggy is a two-part system for parents and children which allows kids to learn and practice smart money habits. The Piggy is a smart screen tool where kids can play games, mark chores, receive allowance and watch their savings grow toward their targets. The smartphone app for parents is where they can set up their kids, get daily notifications, monitor progress, approve chores and pay allowance. The chores features allows parents to set up chores for their children while kids can check them off as complete once done. Special one-time jobs can also be added which are more difficult tasks but allow children to earn additional money bonuses. Allowance can also be distributed, spending can be tracked, and saving goals and milestone can all be achieved with Rocket Piggy. In addition, more than 50 fun games are included all designed to teach basic financial literacy skills to children ages 4 and up.
"It’s a simple fact. Kids are not developing the financial literacy skills they’ll need for financial security in the future. In focus group after focus group, we’ve listened to parents struggle. They either didn’t receive financial lessons growing up or they’re so busy keeping their heads above water that they haven’t prioritized it,” adds Chris McGroarty, CMO. “As the parents of nine financially-literate children, we know good money habits start young. When kids understand the concept of responsibility, consequences, and the difference between wanting and needing, that’s the time to start. Usually around four or five years of age.”
Rocket Piggy is currently live and available to support on Kickstarter: https://kck.st/2yvfaoU
About Rocket Piggy Corp.
Rocket Piggy Corp. is a children’s financial literacy company focused on developing the next generation of money-smart kids. Rocket Piggy delivers an interactive platform for parents and children as young as four years of age. Founded in 2015 and lead by three parents of nine financially-literate kids, Rocket Piggy is built on practical, real-world learning. Rocket Piggy launched Fall 2018.
For more information on Rocket Piggy please visit https://rocketpiggy.ca