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Piggy Bank

Art of Saving

By Elayer For AllPublished 2 years ago 3 min read
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Piggy Bank: Art of Saving from Elayer For All

Household items such as plates and pots were made from an affordable clay called Pygg. Therefore, whenever people had a few extra coins, they would simply drop them into their clay jars which they referred to as a Pygg bank or Pygg pot or Piggy Bank.

Why?

A piggy bank helps us organize loose change.

Even though it's a little amount, that's your money and a little becomes a lot pretty quickly. It's not always about how much it's about how regularly, but a piggy bank also reinforces good savings habits too.

When we were kids, our guests used to give us some money while leaving our home. Yeah, it was an awesome feeling. After that, we run faster to put it on our jar or purse or a coin box.

It is also one of the easiest ways we discover How to start saving money at a young age is with a piggy bank or some other receptacle to collect our coins and money. So again, to further encourage us our parents also adding few coins to it also. So it was one of the simplest, most convenient ways to save money using a piggy bank.

Most of us got a piggy bank as a gift in our childhood. Perhaps some may still be using their first piggy banks. It’s a good thing and the most effective way to know the value of saving money rather than spending it.

More importantly, the piggy bank is also a good reminder for those who may have forgotten the importance of saving.

Again start using a piggy bank even you are at whatever age.

Aiming the purpose

Pick up a piggy bank of your choice, or try to decorate and feel proud about. You can start it for anything specific or for nothing when you start but it encourages you to about savings and learning or to buy systematically at considerable time.

Whether it’s maybe a cell phone, a new laptop or a new camera, or anything that makes you happy. It gives an idea of how much these items cost and how much you need to save in order to buy them with respect to time.

Naming the purpose

When it comes to investing, it’s always important to set purposes, and keeping a piggy bank is a simple way to help you reach those levels. Whether you are thinking to buy a bike or planning to go on vacation or trying to save for future use or a family tour, adding something to a piggy bank will visually show how near or far away you are from making that happen.

Start labeling what you want to save for, the purpose, so you can help yourself to set a pursuit. It might be fun to use more than one piggy bank, it's good because you may not only have one aim you want to do more means you want to enjoy more.

When you go out to bring something then your pockets or purse may have some random coins. The savvy trick is to go and put that coins in a piggy bank.

Stick to plan

Keeping a piggy bank may look odd or is fun, unduly. But it doesn't matter who you are what you are, you just need to make savings and wanted to live like a King for at least a day or entire life.

Little drops of water make a mighty ocean.

Recall, even though it’s a small amount, it’s your money and a little becomes a lot pretty quickly. Always it's not about how much, clearly, it's about how regularly, means adequate savings habits.

If you have a mutable mind

  • Place it in an unattractive place
  • Use non-transparent
  • Try not to open it until it's full enough
  • Ask someone to put your coin on it
  • Make habit of putting regularly like, daily, weekly or daily basis

Sometimes it's good to have a transparent jar or coin box because we know how much it is empty and definitely we will try to put some more into it. In some cases, we lose our mind to take it out or it has many coins, let's not add coins for a few days.

Time When you need change or coins instead of notes or big coins, put that note and take lesser coins than it. For example, it's a note worth 10 coins, then take only 8 to 9 coins from the piggy bank. It's like extra for exchanging.

Request your parents or siblings or partner to add coins if they have any, whenever it is possible.

Keep a separate piggy bank, one for the whole family and another one for your use only.

personal finance
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About the Creator

Elayer For All

 Edu - Tech - Learn- Invest - Grow

Follow ElayerForAll on Vocal Media, Medium and Quora to read stories, lesson and articles.

https://medium.com/@elayerforall

https://elayerforall.quora.com/

https://www.instagram.com/elayerforall/

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