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The Best Kids’ Safe - 2021

Last updated on October 29, 2021

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Our Picks For The Top Kids' Safes

Show Contents
Our Take
  Top Pick

Yoego Electronic Auto-Scrolling Kids’ Safe

Don't Waste Your Money Seal of Approval

Yoego

Electronic Auto-Scrolling Kids' Safe

Overall Take

Cool PatternsAvailable in a variety of fun patterns and bright solid colors, this safe will be the perfect fit for any children’s bedroom or playroom.

  Runner Up

Suliper Cashpoint Machine Kids’ Safe

Suliper

Cashpoint Machine Kids' Safe

Overall Take

Fun To UseThere are two ways to insert bills into this safe: open the door and set them inside or pass them through the slot.

  We Also Like

Setibre High-Capacity Password-Protected Kids’ Safe

Setibre

High-Capacity Password-Protected Kids' Safe

Overall Take

Great for ChangeThe special slot on the top of this kids’ safe makes it great for storing coins.

  Also Great

Zonkin Multi-Use Passcode-Secure Kids’ Safe

Zonkin

Multi-Use Passcode-Secure Kids' Safe

Overall Take

Lights UpThe keypad on this safe lights up to make it easy for kids to see even in the dark.

Guide written by Stephanie Faris
Last updated on October 29, 2021

By learning how to save their allowance, gift money and other earnings from an early age, children can head into adulthood with a foundation that will help them avoid the stress that can come with financial illiteracy.

Today, there are many age-appropriate tools available to help children learn to manage money. Those include prepaid debit cards and apps, but some financial experts emphasize that emotionally, having funds in old-fashioned cash form is the best way for anyone to learn to manage money. There are many ways to approach teaching cash-based financial skills, including the classic piggy bank and the envelope system.

But there’s a newer option that parents might not know about: Kid-targeted safes that offer a new twist on the piggy bank. They keep money secure and accessible only through a passcode. These newer safes also have a slot for bills, as well as one for coins. The larger capacity means children can save hundreds of dollars before running out of room, allowing them to save up for a serious reward.

If you’re going for a kid-friendly safe, one of the best features on newer versions is an electronic scroll that pulls bills in. This operates similar to placing cash into the slot of an ATM or vending machine and can be very gratifying. Some safes even build in music as a reward for inserting bills.

Most kids’ safes come with a four-digit password that parents can reset. You can decide whether or not your child knows the passcode. Older children might choose to set the password themselves and keep it top secret, adding another level of independence to the whole thing. When the password is input correctly, the safe lights up and the knob becomes maneuverable, which also can be a gratifying experience to a child who has worked hard to save.

One downside to kid-friendly safes versus traditional piggy banks is that they tend to be larger. You’ll need a place to store the safe, whether it’s in a closet, on a shelf or elsewhere.

The Best Kids' Safes

1
  Top Pick

Yoego Electronic Auto-Scrolling Kids’ Safe

Made from sturdy ABS plastic, this safe is built to last. It’s big enough to store 600 coins or 100 paper bills to help children learn the value of saving money. The functional combination lock comes with a default password that children can easily change to something they will remember.

Features


Specifications

Brand
Yoego
Model
2
  Runner Up

Suliper Cashpoint Machine Kids’ Safe

A slot with a scroll lets children insert bills into the safe as though sliding them into an ATM machine. Premium ABS plastic ensures it will hold up through many uses, while also keeping the design environmentally safe. It comes with a combination that lets you choose four digits to customize the passcode.

Features


Specifications

Brand
Suliper
Model
3
  We Also Like

Setibre High-Capacity Password-Protected Kids’ Safe

This safe has a scroll for inserting bills and a coin slot for change, making it easy to insert money. A combination lock keeps everything securely tucked away until the passcode is entered. The door even opens with a rotating knob that makes it seem like a serious bank vault.

Features


Specifications

Brand
Setibre
Model
4
  Strong Contender

Refasy Banknote & Coin Password-Protected Kids’ Safe

With this safe, children will hear music from a selection of 11 different songs when money is inserted. A scroll moves bills into the safe once they’re entered, and a coin slot at the top makes saving change easy. A four-digit passcode keeps funds inside safe, with the green light only indicating when the correct numbers are typed in.

Features


Specifications

Brand
Refasy
Model
5
  Also Great

Zonkin Multi-Use Passcode-Secure Kids’ Safe

This battery-powered safe makes it easy to save money, including a slot that moves bills into the safe when inserted. A keypad lets you make up a four-digit code that secures your funds inside until your child is ready to spend them. The safe can hold up to 600 coins or up to 100 bills.

Features


Specifications

Brand
Zonkin
Model

Our Kids' Safe Buying Guide

By learning how to save their allowance, gift money and other earnings from an early age, children can head into adulthood with a foundation that will help them avoid the stress that can come with financial illiteracy.

Today, there are many age-appropriate tools available to help children learn to manage money. Those include prepaid debit cards and apps, but some financial experts emphasize that emotionally, having funds in old-fashioned cash form is the best way for anyone to learn to manage money. There are many ways to approach teaching cash-based financial skills, including the classic piggy bank and the envelope system.

But there’s a newer option that parents might not know about: Kid-targeted safes that offer a new twist on the piggy bank. They keep money secure and accessible only through a passcode. These newer safes also have a slot for bills, as well as one for coins. The larger capacity means children can save hundreds of dollars before running out of room, allowing them to save up for a serious reward.

If you’re going for a kid-friendly safe, one of the best features on newer versions is an electronic scroll that pulls bills in. This operates similar to placing cash into the slot of an ATM or vending machine and can be very gratifying. Some safes even build in music as a reward for inserting bills.

Most kids’ safes come with a four-digit password that parents can reset. You can decide whether or not your child knows the passcode. Older children might choose to set the password themselves and keep it top secret, adding another level of independence to the whole thing. When the password is input correctly, the safe lights up and the knob becomes maneuverable, which also can be a gratifying experience to a child who has worked hard to save.

One downside to kid-friendly safes versus traditional piggy banks is that they tend to be larger. You’ll need a place to store the safe, whether it’s in a closet, on a shelf or elsewhere.

DWYM Fun Fact

Piggy banks may be associated with kids these days, but they didn’t start that way. The name itself has an interesting origin story. Before financial institutions were around, households kept their cash in the house, often in kitchen jars. Those jars were commonly made from an orange-colored clay called pygg, which is what led these home-based banks to earn the name “pygg pot.”

As these household jars evolved over the years, the “pygg” title evolved with it. When potters began making specialized pots for storing coins, they often formed them in the shape of pigs, and the association with the type of clay was quickly forgotten. Early piggy banks didn’t have a way to remove the money without breaking the entire jar, creating an ongoing demand for replacements.

The Kids' Safe Tips and Advice

  • Safes for children aren’t usually ready to use right out of the box. A parent will likely need to set up the password, which will require following instructions. These instructions should be included in the box but if not, you should be able to find them online.
  • Kid-friendly safes are typically made from a thick, durable plastic like ABS. Although these safes are built to last, they’re also typically fairly tamperproof. The locking mechanism can be broken with determination, though, so keep that in mind.
  • Unlike typical safes, kid-friendly safes often aren’t fireproof or waterproof.
  • The slot in the door of a child’s safe is designed specifically for paper currency. If coins will be involved, make sure there’s a slot for those, as well. This would typically found on the top of the safe.
  • If environmental friendliness is a concern, look for a safe built by a company that uses sustainable manufacturing in developing.
  • Some safes have lighting on the keypad. This can be especially beneficial if you’re storing the safe in a dark place like a closet.
  • Most of these safes are battery-powered, so you’ll need to make sure you have spares on hand for when they run out. You won’t be able to open the safe if the batteries are dead.
  • Since the experience of inserting bills is so gratifying, consider getting change in small bills when you’re out and about. You could trade your ones for a child’s five or twenty to extend the fun of depositing bills.

About The Author

Stephanie Faris 

Stephanie Faris is a novelist and business writer whose work has appeared on numerous blogs. She worked for the State of Tennessee for 19 years, the latter six of which were spent as a supervisor. She has written content for entrepreneurs and marketing firms since 2011. In addition to her online content, she is also the author of eight novels for Simon & Schuster, including the Piper Morgan chapter book series.