ATMs for kids: Are we missing something?

This toy is a bad idea

Speaking of parental duties, what kind of values does something like a toy ATM machine indicate? At least a play cash register implies some responsibilities, such as work, commerce and what it takes to buy something. But an ATM?

Hammacher Schlemmer claims that the toy "helps children learn money management as they maintain a savings account up to $999.99." Two points here: First, so far as we can tell, many kids think of ATMs only as machines that spit out money. Second, $999.99?? That says it all. Maybe the smarter ones will teach themselves how to break into one.

We're sticking with a piggy bank, digital or otherwise.

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