Piggybank (sometimes penny bank or money box) is the traditional name of a coin container normally used by children. The piggy bank is known to collectors as a "still bank" as opposed to the "mechanical banks" popular in the early 20th century. These items are also often used by companies for promotional purposes, and many financial service companies use piggy banks as logos for their savings products.
Piggy banks are usually made of ceramic or porcelain.[1] They are generally painted and serve as a pedagogical device to teach the rudiments of thrift and saving to children; money can be easily inserted. Many piggy banks have a rubber plug located on the underside; others are made of vinyl and have a removable nose for easy coin access. Some incorporate electronic systems that calculate the amount of money deposited.[2] Some piggy banks do not have an opening besides the slot for inserting coins, which will lead to smashing the piggy bank with a hammer or by other means, to obtain the money within.[3]
The oldest Western find of a money box dates from the 2nd century BC Greek colony Priene, Asia Minor, and features the shape of a miniature Greek temple with a slit in the pediment. Money boxes of various forms were also excavated in Pompeii and Herculaneum, and appear quite frequently on late ancient provincial sites, particularly in Roman Britain and along the Rhine.[4]
A large number of boar-shaped piggy banks were discovered at the large archaeological site surrounding Trowulan, a village in the Indonesian province of East Java and a possible site of the capital of the Majapahit Empire.[5]
There are some folk etymologies regarding the English language term "piggy bank," but in fact, there is no clear origin for the phrase. The earliest citation in the Oxford English Dictionary is from 1913,[6] and from 1902 for the variant "pig bank".[7] It is believed[by whom?] that the popularity of the Western piggy banks originates in Germany, where pigs were revered as symbols of good fortune.[8] The oldest German piggy bank dates to the 13th century and was recovered during construction work in Thuringia.[9] The earliest known uses of "pig bank" are in newspaper articles from 1900.[10][11] In Mexico, piggy banks are called alcanca, a term originating from Andalusian Arabic.
The general use of piggy banks is to store loose change in a quaint, decorative manner. Modern piggy banks are not limited to the likeness of pigs and may come in a range of shapes, sizes, and colors. They are most commonly used by temples and churches because they are locked money boxes with narrow openings to drop cash or coins. The box is opened via a plug underneath it at regular intervals when the collected money is counted and recorded.
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To further encourage her, we opened her own savings account. We were really surprised when the bank sent her a welcome package, which included a piggy bank. Giggling, we thought about the very different cultural reaction people would have in a Muslim-majority country.
In contrast, pigs are forbidden to eat according to Islamic law. For Muslims from around the world, the pig is perceived as dirty and forbidden. This prohibition has led to a cultural dislike for pigs. If banks were to give away piggy banks in Muslim-majority markets, this generous gesture would most likely backfire.
Religious and cultural differences like this become relevant when we design publications for the Islamic Economy. We always make it a point to avoid imagery that may be perceived as offensive. In the case of piggy banks, we use more universal images such as a glass jar with money, symbols of money, or stylized images of banks.
The studio of Kung Pik Liu helps organizations within the Islamic Economy effectively connect and communicate with their audience, by transforming content-heavy copy into beautiful and easy-to-consume reports, magazines, infographics and more.
The Piggy Bank is the first of the "personal storage items" that can be purchased from the Merchant for 1. Like other storage items (eg. Chests), it contains 40 slots (4 rows of 10) that can be used to store anything. The Piggy Bank requires only a space 2 wide and 1 high for placement, but must be placed on a Work Bench, Table, or Platforms (in contrast, the Safe, Defender's Forge, and Void Vault can be placed on blocks, but are considerably larger). The Piggy Bank inventory can also be accessed via the Money Trough, which summons a temporary floating version of the Piggy Bank.
Unlike normal chests etc, the Piggy bank (along with the Safe, Defender's Forge, and Void Vault) is considered "personal storage". Items contained in a Piggy Bank are attached to the character rather than to a container in the world: The bank can be picked up and moved regardless of the items within. Coins and items stored within it are safe from other players, and will not be dropped on death. They will even travel with a character who goes to a different world. However, if a Hardcore character dies, all items in their personal storage will be deleted with the character (and lost forever).
The Piggy Bank is a place for Pig users to share their functions. The functions are contributed "as-is". If you find a bug or if you feel a function is missing, take the time to fix it or write it yourself and contribute the changes.
Shared code is in the Apache Pig SVN repo. For APIs see 'contrib: Piggybank' entries in the main Pig Javadoc API pages, eg. 0.8 (somewhat hidden under "Developers", then versioned releases then "Misc.", "API Docs").
Rachel has been the constant connection between the community mission of the Pike Place Market Foundation and the millions of Market visitors for over 30 years. She serves as landmark, model, mascot and inspiration.
The bronze pigs at Pike Place Market are more than just recognizable mascots, they are real working piggy banks that collect $20,000 every year for the social services in the Market. Maintained by the Pike Place Market Foundation, Rachel and her cousin Billie fundraise to support our mission of nurturing a thriving market community.
Any seemingly gargantuan task seems easier to contemplate when reduced to baby steps. If you wished to climb a 12,000-foot mountain, and could do it a day at a time, you would only have to climb 33 feet daily to reach your summit.
For Christmas, my daughter gave me a gift with a tag that read, "To my financial planner dad who likes to travel." It's a large white ceramic piggy bank, sporting map outlines of the continents. As travel often is high on people's bucket list, a piggy bank reminds us of the virtue of saving consistently to reach a goal.
When I was a child, my parents gave me a piggy bank to teach me that, if I wanted something, I should save money to buy it. We associate piggy banks with children, but in many countries, the little containers are popular with adults.
According to
mint.com, the Chinese consider a piggy bank a good luck charm. Europeans see a piggy bank as a harbinger of good fortune and wealth. Around the world, many believe a gift of a piggy bank on New Year's Day brings good luck and financial success. Ah, yes, but you have to put something in it.
In the Middle Ages, before modern banking and credit instruments, people saved money at home, a few coins at a time dropped into a jar or dish. Potters made these inexpensive containers from a common orange-colored clay called "pygg," and folks saved coins in pygg jars.
The Middle English word for pig was "pigge." While the Saxons pronounced pygg, referring to the clay, as "pug," ultimately the two words morphed into the same pronunciation, sounding the "i" as in pig or piggy.
As the word became less associated with the orange clay and more with the animal, a clever potter ultimately fashioned a pygg jar in the shape of a pig, delighting children and adults. The piggy bank was born.
Originally, you had to smash the bank to get to the money, injecting a note of seriousness and discipline into savings. As piggy banks came to be made of porcelain, metal and plastic, they had a large cork inserted into the underbelly to extract money.
George S. Clason in 1926 published his classic book, The Richest Man in Babylon. One character, Arkad, once a poor scribe, became very wealthy in ancient Babylon. How did he do that? By paying himself first.
Clason recommended that, when you earn money, peel off the top 10%, put it aside, save and invest wisely. Of course, today the Internal Revenue Service will take a bite out of your financial apple before you get yours, so combine prudent tax strategies with saving.
Lewis J. Walker, CFP, is president of Walker Capital Management and Walker Capital Advisory Services in Peachtree Corners, Ga., and is a member of the AdviceIQ Financial Advisors Network, which is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.
I have experienced unpleasant issue in my house today... I am hosting two different persons in two rooms of mine... Been doing this for a year and have not have any problems.. However, i came back after work last night, was very depressed, as I run out of money, and havent got my salary yet and decided to take the money from my piggy bank.. As soon as I took it, I was in shock, it was empty!!! I had there round 15 euros, and inside was only 1 euro left.. Few days ago I was cleaning the house, and remeber lifting my piggy bank, it had still money inside.. I have contacted my sister straight away, as she lives with me, but now it is on holidays, and left same day as our guests arrived.. she has a piggy bank also.. She asked me to check her money, I did, and there was only 32 euros, while last two months, she was puting money inside, sometimes, 5, sometimes 6, somethimes 2 euros a day... there was much much more than 32 euros... And what to do in this case?! Airbnb is not covering cash loose, and who took the money? Which guest??? And how to blame them, nobody was catched in the crime... Such a smart way to steal money, as nobody know how much they have in their piggy bank and it will take time to reasile, or will never..... We are so sad and we are so dissapointed... These people are still in my house... What to do what to say? The place where the piggy banks were standing is not shared, but dont have a lock.... we put a lock today straight away, but how to take my money back? :(((((((((((((( because we did not imagine people can come to your house, pretend they are nice people and manage a way to steal money from your piggy bank!!!!!!
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