Jun 06 2008

Piggy Banks - Not Just for Kids

I was at the grocery today waiting to buy a lotto ticket when I saw a mother and daughter using one of those Coinstar machines. If you don’t know what a Coinstar machine is, you basically drop all your coins into the machine and it will count it up for you and pay you back in cash for a small fee. The mother cut open her daughter’s red plastic piggy and started dumping the coins in. How exciting it was for the little girl to have her first taste of the benefits of saving. I had a flashback. During my High School years, I used to dump all the coins I had in a big soup jar and when it was full, I would put them in coin rolls and cash them in at the bank. I would pull in about $130 each time. I essentially turned my pocket change into something substantial. I have change lying all over the place, so you better believe I’ll be breaking out that dusty soup jar again. Lesson learned - Piggy Banks are not just for kids.


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