One of the most common items that a child might receive at a young age is a piggy bank. This is typically the first storage compartment that children use when storing their personal money. It is common for children to start earning allowance at a young age for doing household chores. It might be a smart idea to purchase a high quality piggy bank for them so that they can keep their money safe.
This type of item can reduce the risk of children losing money. It can also be an extremely decorative item for them to store in their room as well.
Top 5: Piggy Banks Review
Product Image & Rating (Out Of 10) | Product Name | Price |
|---|---|---|
9.2 | ||
9.3 | ||
9.5 | ||
9.8 | ||
9.8 |
This particular product is extremely simplified with a coin drop slot at the top of the item that kids can use to store their allowance or coins inside of. It is made with extremely high quality ceramic dolomite, but it is also somewhat fragile.
This is an ideal type of item for extremely young children who are at the early stages of earning allowance and learning to manage and save their money. It can be used as a decorative item or an actual piggy bank. The customer reviews are somewhat positive and it clocks in at an affordable price range.
Pros
Cons
The fourth place item within this product review is the WAIT FLY Lovely Dinosaur Shaped Large Size Resin Money Bank that comes with several different types of dinosaurs and colors to choose from. It is an ideal purchase for young children who are just beginning to decorate their room and saving their money.
It clocks in at an affordable price range and might be the perfect gift for young children. It is made with a high quality resin material for long lasting reliability. The positive customer reviews also talk about the great value that this item provides, particularly because of its cheap price range.
Pros
Cons
The next item that we are going to take a look at is the FAB Starpoint Swarovski with Crown Princess Porcelain Piggy Bank for Kids. This is an extremely popular children's piggy bank product that comes available in two different colors, featuring purple and pink. It is ideal for younger children that are looking to store their coins.
This is a decorative piece with a nice porcelain design that makes this product appealing to customers. If you are on a tight budget, you shouldn't have to worry as this item is extremely affordable when compared to other similar products.
Pros
Cons
One of the more digitally advanced products that you might want to choose for your purchase is the Zonkin Cartoon Electronic ATM Password Piggy Bank. This product features a high quality password safe lock that can be used to protect personal belongings like cash or coins. There is a large storage capacity that can keep up to 500 coins or 100 cash bills at a time.
This is a great item for holiday gifts or birthday parties. It is ideal for young children that are earning allowance or collecting coins. It can also be used to protect other unique items like collectible sports cards or jewelry.
It is not a standard piggy bank with a decorative touch to it, but it does have some fun features that children can enjoy. The safe-lock mechanism should allow children to explore the ideas of protecting their belongings and help them transition into the next stage of their personal money management.
Pros
Cons
The number one product in this listing happens to be the Pearhead Ceramic Pink Piggy Bank. This item features a coin drop slot with a rubber cap that is perfect for storing a large number of coins or bills.
This particular product has an outstanding customer reputation because of its high level of quality. It is also extremely affordable and provides great value to customers. This is a great gift for kids to place inside of their room so that they can begin saving their own money with this ceramic piggy bank.
Pros
Cons
Buying Guide
We have now had an opportunity to look at five individual piggy bank items that have received positive feedback from customers. If you are looking for a piggy bank product, these are likely five of the items that you will want to analyze before finalizing your purchase. These products are made for reliability and durability because it is common for children to place wear and tear on their personal belongings.
This type of product can be a great birthday or holiday gift for young children or teenagers. There are many affordable options out on the market that might be perfect for your household.
best piggy bank
Usually the product specifications will discuss the capacity for each individual item that is listed on the market. If capacity is an important factor for your purchase, you might want to look at a product like the Zonkin Cartoon Electronic ATM Password Piggy Bank, which is capable of storing a large amount of money within its password protected safe-lock mechanism.
Frequently Asked Questions
How Does a Piggy Bank Work?
They are usually a decorative item with an interior that is designed to hold a large amount of coins of cash bills. Usually at the top, a small coin insertion hole is carved so that users can drop their coins inside. After saving their money for a long period of time, users can remove the cap from underneath and see how much they have collected.
How Expensive Are Piggy Banks?
They are typically ranged between ten and twenty dollars. The price can depend on a few factors, including the size and materials that were used to craft the product. Some of them can clock in at as high as forty dollars. These items are usually made with a significant amount of quality to ensure the price is met with similar value.
What Is the Purpose of a Piggy Bank?
It is a great gift for young kids to introduce the idea of saving their money. Customers might be wondering what age is appropriate for children to begin saving their money at, but there is no general answer. Usually around the age of seven or eight years old is a perfect time to introduce the idea of money management.
It is designed to serve as a protected location for children to keep their monthly allowance or coin collection. It is usually an item that can serve as an excellent example of what saving money is all about.
How Much Money Can a Piggy Bank Hold Inside?
The capacity usually depends on the shape as well as the overall size. Most products with an average size can hold hundreds of coins and cash bills at one particular time.
Why CHildren should have a piggy bank
There are a lot of things that you purchase for your child. As a parent, you want to make sure that they have everything that they need and also some of the things that they want. Purchasing a piggy bank for your child can be a good decision.Purchase a Piggy Bank to Encourage Saving:
It is important for your child to learn that saving their money is a good thing. Yes, they are going to ask to spend their money each time that they see a toy that looks interesting, but you want to teach them that saving their money is a better idea.
Purchase a Piggy Bank Because Money Adds Up:
The money that your child saves right now might not seem like a lot, but each time that they add to their piggy bank, they invest a little more in the future. A dollar saved each day will add up quickly.
Who Will be Appreciative of the Piggy Bank Purchase:
- Your child's future spouse, as they will be happy they learned to save.
- Bankers and others who will have to deal with your child in the future.
- Your child! They will be happy you taught them about money!
The money in a piggy bank does not have to stay there forever. You can help your child make smart decisions as to how they want to use the money that they have put aside, and you can allow them to spend every now and then.
Encourage Your Child to Save for the Future:
While you might let your child spend a bit of their money, you should save most of what is in the piggy bank for the future. You should help your child have the money they need for a large future purchase by getting them to save their money now.
Give Your Child Money to Add to Their Piggy Bank:
If you want to show your child that you value them, you should give them a little money to add to their piggy bank every now and then. Do it just because you care about them and you want to help them fill up the bank.
A Piggy Bank Keeps Change from Gathering in Your Home:
If you are constantly bothered by all of the change that is laying around your home, you might choose to buy your child a piggy bank just so they will get that cleaned up. Let them know that they can feed their bank with money they find.
A Piggy Bank Encourages Your Child to Take on Odd Jobs:
Your child might not be too interested in doing work. When they have a piggy bank that they are looking to fill and you offer them a little money for their time, they will get on the jobs that they would like them to complete.
A Piggy Bank Can Get Your Children to Compete with One Another:
When your children are all trying to fill up their banks and have them get heavy, they will start to compete with one another and see who can save more money. This will get them to hold onto cash they would normally spend.
Three Lessons Learned When a Child Has a Piggy Bank:
- 1. Patience, as a child waits for their money to add up so that they can spend it.
- 2. Discipline, as a child chooses to put aside some money instead of spending it.
- 3. Anticipation, as a child dreams of what the future will bring.
There are definitely more important reasons to invest in a piggy bank than just the fact that this type of piece can add a lot to your child's room. Still, know that buying a piggy bank can be a good idea because there are cute ones available.
Piggy Banks Come in Many Varieties:
- Consider a plastic bank so that the bank will not break when dropped.
- Consider a classic ceramic bank because it looks good and gets your child excited.
If you are looking to connect with your child, you might purchase them a piggy bank so that they can have a life similar to the one you had as a child. Talk about your childhood piggy bank with your child and share lessons you learned because of it.
Piggy Banks are a Classic Item:
Parents like you have been using piggy banks for a long time and have been able to use them to help their children learn about money. This is something that has been trusted in parenting for a long time, and you might as well try it out with your children.
Piggy Banks are Available in All Sizes:
You do not have to purchase a huge piggy bank for your child but you can find one that will fit well in their room. You can find a piggy bank that seems appropriate for your child - and it does not even have to be made in the shape of a pig!
Where to Keep the Piggy Bank:
You might consider putting the piggy bank in your own bedroom so that it will be safe and your child will not take anything out of it. You could do that or you could keep it in a more visible place where it will encourage saving.
Purchase a Piggy Bank Because Learning About Money is Important:
There are certain valuable lessons that you will teach your child, and the value of money is one of those. Teach your child to care about money and finances by getting them a piggy bank and encouraging them to save.
You Should Think About Buying a Piggy Bank for Your Child:
You want your child to be smart with their money always, especially when they are an adult and out on their own. A piggy bank can help you teach your child lessons now that they will hold onto when they are older.
Final Verdict
It is now time for you to conclude your search and begin closing in on a decision. It is likely that all of the information in this review has assisted you in understanding what type of product you might want to purchase. There are several factors to consider with every purchase, but you should now be able to make a confident decision with all of the specifications, products, and answers that have been listed in the previous sections.
