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Savings How to save loose change using piggy bank

Tired of spending your loose change on junks? Try save the change in a piggy bank and see how much you'll get in six months.

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How to save loose change using piggy bank play

Piggy bank is deeply associated with kids but adults too can use it to save loose change

(Thyblackman)

Saving money in piggy banks is mostly associated with kids, but nothing says the money box can't be an effective money saving tool for adults too.

Traditionally, a piggy bank is a container, where money is kept. It is a good and simple way of saving.

It's 2018  and saving money in a piggy bank might not be a popular idea. However, as a money saving tool, a piggy bank can prevent you from spending all loose change you spend on snacks and junk stuff.

5 easy ways to stop spending too much and saving little play

Everyone likes the idea of saving money to accomplish their dreams.

(Essence)

 

Here's how you can use a piggy bank to save your loose change.

1. If you find saving difficult, or you’re inclined to spend your loose change then save money in a piggy bank.

2. Don't empty your piggy bank. Let it grow heavy before breaking it. The heavier it is the better for you.

ALSO READ: 3 types of savings everyone needs to start practising right now

Save for a rainy day play

Save for a rainy day

(expert beacon)

 

3. Save your loose change in the money box or piggy bank for six months and see how much you would have spent on junks in a period of six months.

4. Place a specific goal on the savings in your piggy bank. For instance, you can decide to spend the savings to buy something you genuinely need.

5. Don’t set yourself a monetary limit of what goes into the piggy bank.

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