Piggy Bank or Kiddy Bank
@yugasini (12893)
Secunderabad, India
September 11, 2015 2:05pm CST
Hi Mylot Friends,
We say it as kiddy bank or piggy bank the bank people or parents are buying or opening accounts in bonks to encourage and learning of savings with coins and currency to the children. Now a days people at the age of two starts putting coins in piggy banks. I am am putting coins every day in my piggy bank up to 2013. Now I have given that piggy bank to my grand daughter is using to collect coins in that piggy bank
1 person likes this
2 responses
@yukimori (10145)
• United States
11 Sep 15
I used to have a collection of piggy banks when I was a kid. Unfortunately, nobody ever showed me how to use them properly. I had to struggle with learning to save as an adult.
My kindergartner has a piggy bank that's divided into four sections: spend, save, donate, and invest. We're teaching her how to use it. The toddler loves it, so we'll probably get her one this year even though she's not quite old enough to understand. She'll still have fun putting coins into her piggy. 
1 person likes this
@yugasini (12893)
• Secunderabad, India
12 Sep 15
Thanks for the response, very interesting fact of four sections, spend,save, donate and invest. We should teach this to every children, it is good habit also for future life
@viju0410 (2286)
• India
12 Sep 15
Sometimes back i gifted a piggy bank to a neighbor child and recently her mother told me that she has been saving as well as spending. When i checked why spending, she showed me a beautiful gold ear rings that was bought with the savings in the piggy bank.
@yugasini (12893)
• Secunderabad, India
12 Sep 15
Thanks for the response, my grand daughter is collecting some coins from me and saving in her piggy bank. After ransom amount her monther deposit it in bank as fixed deposit
