Do you also like to use a piggy bank to save money like me? If not, then you should definitely try it! In this article, I will share with you how much extra savings a full piggy bank can bring me, and the benefits of saving money through it.
My little story
(p.s 1 NTD= $ 0.033 )
I was a person who liked to save money from a young age. Around twenty years ago, my mother gave me 20 NTD a day for breakfast, and I left 10 NTD because I wanted to save money! Every time I got 100 points on a test, I could exchange it for 10 NTD.
What impressed me most was that in the first and second grades of elementary school, I had my first piggy bank with about 2000 NTD, including some red envelopes and so on.
However, later on, all that money was taken away by my mother, as we all know the saying, “Mom will help you save it first.”
How long does it take to fill up the piggy bank?
There are many sizes of typical piggy banks. This article mainly shares piggy bank No. 1, which is the size shown in the picture below.
Fang and I spent about 4 to 5 months to fully deposit it.
We will put all the change we have after getting off work into it because this is the first piggy bank we have saved together, so as long as we have money, we will throw it in. Unlike other people who put different coins into different piggy banks, this is a hodgepodge of piggies.
How much is the total
When killing pigs, cut a small square hole first, so that it can be poured out easily.
After sorting out there are so many coins.
Sort by coin size.
I thought it was about 10,000 NTD, but it turned out to be NT$23,920!
But the happiness is only for a moment, and in the next second, I remembered why we dissected the PIGGY: Chinese New Year red envelopes! This is the red envelope money we want to give to our parents. (weird Chinese customs)
Benefits of a piggy bank
1. An extra travel fund
Don’t underestimate the 20,000 NTD ($665). At least two people can go to Thailand for a poor trip, or go to Taiwan’s outlying islands to have fun, at least twice a year with a reasonable excuse to travel.
It feels like paying extra money for nothing, and it doesn’t hurt to spend it.
2. Help people who have no sense of money
Have to say, this method worked out great for Fang! Because it can be said that he has no concept of money, and spends all the money he has. Now he has developed the habit of taking out his wallet to deposit coins directly when he returns home.
Don’t underestimate the coins that you usually think are inconspicuous. You may not be able to buy a $10 coke because of the lack of $1.
The accumulation of sand can form a tower, and the accumulation of one can also become a thousand.
3. Train the Habit of Saving
Suppose you live from paycheck to paycheck, and you feel that it is heartbreaking to put money in a fixed deposit. You can also try to start financial management from a piggy bank, and let yourself take the first step to start taking action.
Enjoying the crisp sound of every investment, looking forward to saving money after getting off work, and the hope brought by the day of killing Piggy is also a little bit of luck in life.
At least I can feel that life is slowly moving forward.
4. Emergency fund
Take this time as an example, we decided to dissect the piggy bank because we wanted to give red envelopes to our parents during the Chinese New Year and invite everyone to dinner.
There are too many trivial things in life, and you never know what will suddenly appear and you will need money. At this time, you will be very grateful for your hard work and accumulation on weekdays, which can just be used to deal with these emergencies.
Grab a piggy bank and get started!