You are setting a good example for your children
Saving is an important skill that should be learnt from childhood. And in the educational process, it is better to back up your words with actions. Regularly pour coins into a jar and tell your kids what you have saved money on and why you refuse to spend money in the moment. In this way, children will better understand the mechanism of saving and motivation for this.
However, not only children need a positive example of frugality. So the piggy bank is a chance to demonstrate to the whole household that wastefulness is not the best financial strategy.
You can track progress
Despite the abundance of apps for notes, many people continue to use a notebook and pen, because this way works more efficiently. A piggy bank will help you check if you are not a follower of the classic ways of saving money.
When the number in your savings account increases, it feels good. But a jar filled with coins and notes is another level of visual impact. All the more so because the goal is obvious: fill the container under the lid. This approach will bring a pleasant variety to the process of accumulating money.
