Guide to Choosing and Using Piggy Banks

Piggy banks have long been a symbol of saving money and managing personal finances. With their cute designs, variety, and educational value, piggy banks are not only suitable for children but also a useful tool for adults. In this article, we will explore the benefits of piggy banks, how to choose the right one, and effective ways to use them.

1. Benefits of Piggy Banks

Financial Education for Children

Piggy banks are an excellent tool for teaching children about financial management. When children deposit coins into their piggy bank, they learn the value of money, how to save, and how to plan for the future. This foundational step helps develop financial awareness, setting the groundwork for their future financial health.

Encouraging Saving Habits

Using a piggy bank helps both adults and children develop a habit of saving. Each time you deposit money, you experience a sense of satisfaction and accomplishment. Over time, the accumulated savings can surprise you and be used for important expenses.

Bringing Joy

With their adorable designs and vibrant colors, piggy banks are more than just financial tools—they’re also unique decorative items. They can bring joy, reduce stress, and add a fun element to your living space.

2. How to Choose the Right Piggy Bank

When selecting a piggy bank, consider several key factors to ensure it meets your needs and preferences.


Piggy banks are commonly made from materials like ceramic, plastic, metal, or wood. Each material has its own pros and cons:

  • Ceramic: Often beautifully designed, but fragile.
  • Plastic: Durable and lightweight, making it suitable for children.
  • Metal: Sturdy and often has a sleek, modern look.
  • Wood: Eco-friendly and offers a rustic appeal.
Design and Size

Piggy banks come in various shapes and sizes, from traditional pig shapes to modern, creative designs. Consider the size based on the amount you plan to save and where you will place it in your home. A larger piggy bank can hold more coins, while a smaller one might be more appropriate for limited space.


Some piggy banks have a removable stopper or an easy way to access the saved money, while others require breaking to retrieve the contents. Choose based on your saving goals—if you’re saving for a long-term goal, a breakable piggy bank might help you resist the temptation to dip into your savings.

3. How to Use Piggy Banks Effectively

Using a piggy bank can be more than just tossing spare change. Here are some tips on how to maximize its benefits:

Set Clear Goals

Define specific savings goals for your piggy bank. Whether it’s a new toy for your child, a vacation, or an emergency fund, having a clear objective motivates consistent saving. Label the piggy bank with the goal to keep it top of mind.

Involve the Family

Make saving a family activity. Encourage everyone to contribute, and celebrate milestones together. This not only fosters financial literacy among children but also strengthens family bonds.

Regular Contributions

Develop the habit of regularly contributing to the piggy bank, even if it’s just a small amount. Consistency is key to building substantial savings over time.

Count and Evaluate

Periodically count the money in your piggy bank. This helps you track your progress and adjust your savings plan if necessary. It’s also an exciting moment, especially for children, to see how much they have saved.

4. Creative Piggy Bank Ideas

If traditional piggy banks don’t appeal to you, consider these creative alternatives:

Digital Piggy Banks

Digital piggy banks have become popular, offering features like counting coins electronically or connecting to an app to track savings. These options can be engaging for tech-savvy savers.

DIY Piggy Banks

Create your own piggy bank from recycled materials. This is a fun activity that allows for personalization and teaches the value of recycling. You can use jars, boxes, or any container, decorating it to make saving money more enjoyable.

Themed Piggy Banks

Consider themed piggy banks that reflect your interests or hobbies, such as animal-shaped banks, superhero banks, or even personalized banks with your name. These add a personal touch and make saving more exciting.

5. Conclusion

Piggy banks are more than just containers for loose change; they are tools that teach valuable lessons about saving and financial responsibility. Whether you’re introducing your child to the concept of money or looking for a fun way to save yourself, a piggy bank can be a delightful and rewarding choice. By selecting the right type and using it effectively, you can make saving money a habit that lasts a lifetime.

Start your saving journey today with a piggy bank that suits your style, and watch your savings grow!