10 Piggy Banks That Teach Kids Financial Literacy
Photo Credit: Getty Images
By Larry Stansbury
Piggy banks are a great way to get children excited about learning to save money. Here are the best banks on the market for teaching kids financial literacy—and having fun while they're at it.
Piggy banks have never gone out of style—nor have they changed much over the years. And while a little ceramic or plastic jar shaped like a pig is cute kids-room decor and all, the real benefit is that it's a fun way to get children excited about saving money. They may not be able (or want) to open a savings account yet, but they can sure start to practice with a piggy bank. After all, it's never too early to start teaching your kids about financial responsibility.
According to Investopedia, 63% of Americans live paycheck-to-paycheck—with zero savings. And of course, the coronavirus pandemic made things even more difficult for those struggling to save money and get ahead. Which means there's no time like the present to start teaching your own children how beneficial saving can be—a lesson that will set them up for financial success long into the future. Plus, if you start giving your kids an allowance in exchange for doing age-appropriate chores, you'll both kick-start their savings and teach them the value of working in a community (in this case, your family).
Piggy banks are a great way to get kids excited about learning to save money. Here are the best piggy banks (and non-pig banks too) on the market—and why we love them.
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