The recent survey conducted by YoorKids has uncovered some eye-opening statistics that shed light on how parents and gifters view the concept of contributing to children’s savings accounts. Let’s dive into the key takeaways and explore how YoorKids can revolutionize the way you approach saving for your child’s future.
The Power of
Gift Giving
99%of parents & 97% of gifters are enthusiastic about savings as gifts
We are so certain your friends and family are eager to contribute to your child’s future, that we will happily guarantee it! Have a gifting event coming up like a birthday, baby shower or graduation?
Learn more about our $100 Guarantee.
Combatting
Toy Overload
93%of parents agree that their kids receive too many toys as gifts.
YoorKids advocates for investing in your child’s future rather than adding to the toy clutter. By redirecting small, fleeting gifts towards savings, you can pave the way for substantial long-term benefits.
Learn more about this innovative approach.
Parents Are
Doing It By Themselves
13%of parents benefit from others adding to their child’s savings
YoorKids doesn’t thinks the whole community around a child wants to contribute to their future. The potential impact of combined contributions is truly remarkable.
Discover more about this collaborative approach.
Accessibility
for All
70%of parents have a child savings account, while 30% do not.
Whether you already have a savings account for your child or are looking to set one up, YoorKids is the solution for you. Our platform is designed to accommodate any existing account or attach a parent’s account as a holding spot until you’re ready to open one.
Learn more about our how YoorKids works.
Overcoming
Social Bariers
71%find it uncomfortable asking others to contribute to their child’s savings.
Navigating the delicate balance of requesting financial contributions can be challenging. YoorKids simplifies this process by connecting you with friends and family through a user-friendly interface, making it effortless for loved ones to participate in your child’s financial growth.
Explore more insights in our Child Gifting library.
Breaking
Financial Barriers
55%cite lack of disposable income as barrier to open a child savings account
With YoorKids, growing child savings is not completely reliant on the parent’s disposable income. YoorKids allows friends and family to contribute to child savings and is totally free to the receiving family. Parent’s may attach their own account as a holding spot until you’re ready to open one for their kids.
Discover more about child investment accounts in our library.
Create
A Connection
40%feel the top reason for not contributing is it lacks personal touch
YoorKids involves the child in the gifting process, creating a personalized digital coin collection that captures cherished memories and messages from loved ones.
Learn more about YoorKids digital coins.
Simplify Contributing
to Child Savings
93%haven’t contributed because of complexity or they haven’t been asked
YoorKids simplifies the gifting experience by providing a seamless platform for friends and family to contribute effortlessly.
Learn more how YoorKids works for gift givers.
Addressing
Security Concerns
64%of gifters biggest concern with using a gifting app is security
Rest assured, YoorKids prioritizes your data security with bank-level 256 bit encryption, ensuring that your sensitive information remains protected at all times.
Learn more about how YoorKids works for parents.