Piggy Bank Vs. Real Bank

I am sorry for what has happened, I wonder how much you had saved in that time period. I bet that person who took it really enjoyed it or maybe it was someone in need. Who knows maybe all this helped a good cause. Yes you are right though having a piggy bank at home might not be the best saving methid unless one keeps it somewhere secure.

 

Wow that's really harsh I do save some coins in my secret stash at home and whenever I reach a certain amount, I put it in the bank. Saving in a piggy bank works for me and I believe it will also work for most people as long as you keep it safe and secure to prevent such things from happening. If I was able to save even a hundred bucks on my piggy and this happens, I would be totally heartbroken

 

Piggy banks are simply for keeping small stash of money/coins. You can't trust it to keep your money safe for a long time specially if it's easily available to everyone, including kids. With that amount of money, I would have deposited it in the bank to at least earn some interest. I have this small tin can where I put some coins every New Year. Although it doesn't have that much money in it, I still keep it in my safe for next year's celebration. I don't want that small amount of money to tempt the nanny or be visible to uninvited guests.

 

I have a piggy bank but I do not use it for saving. I generally put all my lose coins in this box and exchange them for bills once the box is full. In fact, I do not see any real purpose of piggy bank for myself and our schools provide the facility and encourage children of depositing money in real banks by having a banking day every week. The schools even offer a surprise gift after every 10 deposits and they accept deposits beginning 50 cents.

 

I am really sorry my friend for what has happened. I hope the money has been spent for something good but don't worry about that. Having a piggy bank is a good thing but we have top be careful. In our house, my mom is the one who has access to my piggy bank and she uses that money when she really needs that and in an emergency. Otherwise, nobody touches it except me.

 

I wouldn't advise anyone to use a piggy bank instead of a real bank in any situation since you can lose your savings in a robbery, fire.

 

Piggy bank is for storing currencies of small denomination. I will never throw $100 bank note into the piggy bank. Real bank is for saving big money. Piggy bank comes handly while saving little, however, you should always use bank to save money. A good way to do this is save money on piggy every day and at the end of the month, take all the money out and save in the real bank