The Ultimate Buying Guide for Plastic Piggy Banks: How to Choose the Best One for Your Needs
Overview
Piggy banks are a great way to teach children about saving money and to encourage good financial habits. They also make for cute and functional decor for adults. In this buying guide, we will go over the different types of plastic piggy banks available, key considerations to keep in mind when choosing one, important features to look for, prices, tips, and frequently asked questions.
Types
1. Traditional Piggy Banks: These are the classic pig-shaped banks that most people are familiar with. They come in a variety of sizes, colors, and designs, and are typically made of plastic.
2. Digital Piggy Banks: These banks have a digital display that shows the amount of money inside. They may also have features like a calculator or a goal-setting function.
3. Electronic Piggy Banks: These banks have a slot for coins and bills, and can be programmed to count and sort them automatically.
4. Personalized Piggy Banks: These banks can be customized with a name, photo, or design of your choice.
Key Considerations
1. Size: Consider the size of the piggy bank you need. A larger bank may be better for adults or for those with more savings, while a smaller bank may be more suitable for children.
2. Material: Look for a bank made of durable and non-toxic plastic.
3. Design: Choose a design that appeals to you or your child. There are many options available, from cute and whimsical to sleek and modern.
4. Functionality: Consider what features you need, such as a lock or a counter, and choose a bank that has them.
Features
1. Lock: Some piggy banks come with a lock and key, which can be useful if you want to keep your savings secure.
2. Counter: A counter can help you keep track of how much money you've saved.
3. Removable Plug: A removable plug at the bottom of the bank can make it easier to access your savings.
Prices
Plastic piggy banks can range in price from a few dollars to over $50, depending on the size, design, and features. Generally, traditional piggy banks are the most affordable, while digital and electronic banks tend to be more expensive.
Tips
1. Set a savings goal: Encourage yourself or your child to save by setting a specific savings goal.
2. Make saving fun: Use stickers or markers to decorate the bank, or have a contest to see who can save the most money.
3. Use the bank regularly: Make a habit of putting spare change or small bills into the bank on a regular basis to build up savings over time.
FAQs
Q: Can I use a plastic piggy bank for coins and bills?
A: Yes, most plastic piggy banks have a slot for both coins and bills.
Q: How do I clean my plastic piggy bank?
A: Use a soft cloth or sponge and mild soap and water to clean the bank. Avoid using harsh chemicals or abrasive materials that can damage the plastic.
Q: Can I customize my plastic piggy bank?
A: Yes, many plastic piggy banks can be personalized with a name, photo, or design of your choice.
Q: Are plastic piggy banks safe for children?
A: Yes, as long as they are made of non-toxic materials and are not a choking hazard. Always supervise young children when using a piggy bank.