Think back to your childhood. Do you remember having a piggy bank? Most of our childhoods did, in fact, contain our parents buying us some sort of bank to save coins in. Whether we begged our parents for them or they actively tried to teach us good saving habits by bestowing them upon us first, most of us remember exactly what kind of mechanical bank we had. No matter how old you are, piggy banks are always good to have and use.
Piggy Banks Come in a Variety of Styles
Still banks are inexpensive and available in every style imaginable. Many styles exist for young boys and girls specifically, including popular children’s shows. Popular brands are often marketed on piggy banks because banks are typically kept around by people for years at a time and interacted with on a daily basis.
They Teach People of All Ages How to Save Money
Adults are often as irresponsible with their finances as children would be. As such, young and older people alike can learn tons from consistently saving their pocket change.
Having Physical Cash Around Keeps You Safe
People should always store the majority of their money in traditional banks so it won’t be stolen, lost, or damaged. However, having petty cash around can come in handy if people lose their debit or credit cards, checks, banking website passwords, and access to mobile banking apps.
Banks Encourage People to Earn More
Not all of us work full-time jobs for employers. Many Americans only work part-time, are unemployed, or work for themselves, meaning they have flexibility in their schedules to take on more work. Having a physical, personal bank around helps people earn more because they’re constantly reminded of how much money they have. Still, non-mechanical piggy banks and their mechanical counterparts are both good to have around. Having a money storage bank comes with tons of benefits, including being able to keep money and memorabilia safe from people inside one’s house and from rogue intruders.