Would A Crazy, Wacky Piggybank Help You Save More?

by Hank Coleman

crazy piggybanks help you save moneyI was walking around Target the other day when I ran across this shelf of piggybanks that are featured on this picture. And, I just had to snap this picture. I wondered if having a personalized piggybank will help inspire you to save more money. I have a jar sitting on my dresser that says “casino money” right on the front of it. It is one of many that you can buy that lists what your savings goal is. I have seen others that say things like “new car”, “down payment”, “vacation”, etc. Mine just happens to say “Casino Money” because I have a secret addiction to Las Vegas and Blackjack (now you know a little something extra about me!).

So, my question to you is, “Do you think that crazy or specialized piggybanks help you save money?” I like to think that personalized piggybanks are like nicknaming your savings accounts which I am a huge fan of. I think that if you list exactly what your account is for or why you are saving, then it will help you stick to your savings goal even more.

What is your savings goal? Do you make nicknames for your savings accounts? My bank lets me change the names of my accounts and list what I am saving for. For example, my wife and I have an Apple iMac laptop account, a Hawaii vacation account, and a London Olympics 2012 account. I think seeing a name or purpose against an account balance helps me from raiding it. What about you? I’d love to hear what you think in the comment section. Do you name your accounts? Do you have a piggybank with devil horns? Let me know!

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About Hank Coleman

Hank Coleman is the founder of Money Q&A, an Iraq combat veteran, a Dr. Pepper addict, and a self-proclaimed investing junkie. He has written extensively for many nationally known financial websites and publications. Hank holds a Master’s Degree in Finance and a graduate certificate in personal financial planning. Email him directly at Hank[at]MoneyQandA.com.

Hank Coleman has written 591 articles on Money Q&A. Learn more about Money Q&A on Twitter @MoneyQandA and @HankColeman.

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{ 2 comments… read them below or add one }

Jon C

I like this idea as a way to save the pennies. We have a jar in our kitchen that we throw all our loose change into. I think rather than having a fancy design it should be practical: The insides should be concealed (if you don’t know how much is in there then you’re less likely to be tempted to open it) and it should be hard to get the money back out again! Our mistake was that you can simply open the lid and withdraw! It feels good to put in $15, but when I need a spot of cash to buy bread and milk it’s always where I go first. If it was harder to open then I’m sure we would have accumulated enough for a vegas run by now!!


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Traveling gives us the opportunity to disconnect from our regular life. You get to forget your problems/issues for a few weeks, it can also help you figure things out that you would not have understood without the distance traveling can give you. We all have crazy schedules, work and a family to take care of, going away alone or with some friends can give you distance and perhaps even make you realize how important these people are for you. Like the saying says: we never know what we have until we lose it.


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