Giving is the most important lesson, Piggy Bank teaches your kids

I have this big habit of saving. No, not savings in the bank, more in a small secret box in my room. The very thought of opening it and counting my money when it is full, makes me giggle with joy and childlike enthusiasm (Thank you for the advice, Mom). But today when my twins emptied their first piggy banks, I felt rewarded. Their faces were glowing, fingers counting and minds racing between buying something for their doll and stuffed toy or buying treats for the entire family (15 of us including the driver and house helps).


Why Piggy Banks: So at 3 1/2 the kids are becoming increasingly aware about trading money for things at shops, restaurants, kid-activity areas and more. What can be a better time to teach them its value and the attached responsibility. Yes they had fun collecting coins day after day, but had a blast with all the related activities today:

Counting: After the thrill of emptying out the piggy banks, kids started segregating the coins into four different heaps of 1,2,5 and 10Rs. coins. Oh the freedom of counting these was a fun exercise. Of course at 3 1/2 they are too young for addition but it sure can keep the older ones busy. We simply matched the numbers to the coins.


Making shapes: We decided to make alphabets with these and have our little photo-op. In fact we started with a lame J, but ended with a full letter word. An important one at that ‘SAVE’.


Sharing/Giving: Interestingly this seems to be the most important thing we all learnt thanks to the Piggy Bank! It was heartening to see my kids change their plans of buying something for their toys to picking something for the entire family. This was their hard-earned, oops, easy-saved money but they let me in on their decision.

So we decided Ice-lollies for everyone, but they were sitting pretty in the freezer thanks to their doting aunt. Change of plan sent us tatoo-hunting, nothing good there. Then China came to our rescue, as it does for most of the world. We picked up a skipping rope for the four older kids and fancy pencils with animal shaped erasers for everyone. All gifts were made in china and well in our piggy-fueled-budget.


Oh you should have seen the twins distribute the gifts like trophies. Mamma and Papa got one each too, our prized possessions forever.

But let me not take away the importance of saving that is much attached to piggy banks. That lesson is a lesson for life. No matter how well you are doing and how heavy your bank balance, it always helps to save up for the surprise sale in your favourite boutique. And for the rainy day too!

Comments (13)

Ishieta Posted on Nov 15, 2018

How absolutely lovely! It is really sweet, and a testament to their upbringing. I love the idea


Alexx Bloom Posted on Nov 14, 2018

Those are really cute little piggy bank, I always teach kids to save 10 % of what they get so that they actually enjoy every thing but also learn a lesson about saving and how they can use it in future for thier betterment


Nidhi Km Posted on Nov 14, 2018

You always come up with great ideas Charu! These are indeed innovative ones and involve kids while enhancing their creativity.


Neha Posted on Nov 14, 2018

Piggy bank actually helps to know the value of saving money. I still have my piggy bank with me when I was 6 years old and I will gift a piggy bank to my nephew next year on his 5th birthday. Thank you for sharing such an amazing post.


Snehalata Jain Posted on Nov 14, 2018

The piggy bank activity is really important for kids as they learn to save n use at early age


Jhilmil D Saha Posted on Nov 14, 2018

I remember my childhood of maintaining a piggy bank. Its really important to make children aware of savings and its benefits.


Nisha Posted on Nov 14, 2018

My 4 years old son was gifted by a piggy bank and now he seems to be very focused on filling it fast. Somehow he is learning that saving is fun.


Gunjan Upadhyay Posted on Nov 14, 2018

Very well said, though my son is too young to be taught about finances. I have got a piggy bank for him already and he has a collection of coins.


Jhilmil Bhansali Posted on Nov 14, 2018

I started teaching the concept of saving to my lil one with piggy bank . With every penny I give him, he is supposed to save some out of it and then use it for future purpose.


Noor Anand Chawla Posted on Nov 13, 2018

So true! Piggy banks are a fabulous way of teaching your children the value of saving money. I recently bought my little one a “book-bank” which is essentially a piggy bank made out of a book. Once he collects enough money, it’ll all be invested in books- win-win situation :)


Priyanka Lodha Patwari Posted on Nov 13, 2018

My angel have 4 jars. Spend, Save, Give and Grow. Spend for daily expenses, Save for future needs/wants/pleasure, Give for sharing and Grow for investing.


Sandy N Vyjay Posted on Nov 13, 2018

Piggy banks always bring in waves of nostalgia. I think most people have fond memories of Piggy Banks. They are a cute way to introduce kids to saving and giving.


Brynn Posted on Aug 07, 2015

Bravo!! Hooray for financial education at every age! I say this as a high school economics teacher for the last four years. The kids I taught were the economic elite of my city and the overwhelming didn't have a clue how a credit card worked. They didn't know how much their parents made, where their parents saved their money, what the family's monthly budget was, or the average cost of basic things like internet or cell phones. They had this amazing advantage over literally all other kids in having parents who had an understanding of finances, but their parents who were paying buckets for their education had neglected to teach them anything about actually managing money.

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Charu Chhitwal

Charu Chhitwal, Founder KetchupMoms has daring tastebuds, a love for travel and an owl for her soul. It’s little wonder then that she loves to write and share her tips and tricks on traveling, food,

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