In today’s digital world, credit cards and online banking have replaced coins and cash stored in wallets. New Zealand’s ASB Bank realized that it is difficult to teach children the value of money and the importance of savings in a cashless society. So ASB created “Clever Kash” – a digital piggy bank (but in this case, an elephant) that helps children understand the value of money. The system is directly linked to the parent’s banking account; every time a parent deposits money into “Clever Kash” virtual coins appear on the screen along with a total amount of money stored in the bank account.