Piggy Bank : What is it?
| Piggy banks are great gifts for children because they help instill good money habits. Traditional piggy banks need to be smashed or broken; however, there are some piggy banks made with plugs at the back or at the bottom that allow easy money retrieval. |
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Kinds of Piggy Banks include the following: |
Traditional piggy banks
Traditional piggy banks are usually made of ceramic, but some are made of plastic, glass, or steel. Some piggy banks are transparent, allowing you to see the money inside. They are available in different sizes, colors, and designs.
Electronic piggy banks
Modern piggy banks come with electronic registers that automatically calculate the total amount of money put in. Some models feature automatic money-rolling systems that place coins in bank rolls for a more organized storage. Many electronic piggy banks models have bells or whistles that sound off when they are full.
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Features: Electronic piggy banks are efficient and convenient, but they make cash withdrawal (too) easy. Choose a traditional piggy bank if you want to avoid pulling out the money unnecessarily.
Material: If you want to be able to see (and maybe estimate) the money inside the piggy bank, choose a transparent one. |
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