Thieves stoop to new low
His family was one of three on Barrett Drive in Lennox Head to be robbed on Monday morning in broad daylight.
It has prompted police to call for residents to get their security measures up to scratch.
"It made me sad, I just got really upset," Luke said.
"I was saving up to visit my grandma overseas.
"I've decided next time I'll put my money in the bank instead so they can't steal it."
Luke's mum Zuzana Ebrova said her family had been devastated by the incident.
She said it was a low act for thieves to steal from a child.
"How do you explain to a seven-year-old why someone broke into his house and stole from him?" she said.
"They took all the money he had saved over the past four years - birthday money, Christmas money and what he'd earned from doing chores.
"It's just not fair on him."
Any information on crimes should be reported to your local police station.