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Three Importance Of Using Piggy Bank.

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Piggy bank encourages saving because it provides children a physical place to store their money. And, unlike a savings account, which is a more difficult concept for many young children to understand - the piggy bank is tangible and the funds are readily available. Plus, counting the money will lead to saving.


Piggy banks are usually made of ceramics. They are generally painted and serve as a pedagogical device to teach the rudiments of thrift and savings to children; money can be easily inserted. Many piggy banks have a rubber plug.located on the underside; others are made of vinyl and have a removable nose for easy coin access. 


Three importance of piggy bank:


1:Helps You to Save Always:

“A penny saved is a penny earned,” said Benjamin Franklin. Savings must be a top priority for your children. It must become a habit for your children to save money. Tell them the purpose and importance of piggy banks. A piggy bank is just like a foundation for great savings.


2:Your money is safe.


A stash of money at home could be stolen or destroyed in a fire or other disaster. 


3:It allows you to save a little at a time.


A piggy bank can help break your goal down into manageable amounts. 

Content created and supplied by: Viyinvolu (via Opera News )

Piggy Bank

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