Piggy Bank to manage Personal Finance Goals

“A penny saved is a penny earned!” Why not start to enlighten the kids about revenue for which we all work. The capital which enables us to get the things we desire for. Let’s commence by teaching them to save pennies and then they will have their own mountains. This activity illuminates to prepare a DIY Piggy Bank at home with reusable things easily and quickly.



Introduction:


Along with saving your pennies, we save our mother Earth a well by making this little piggy. This little piggy will make kids start saving and imbibe this habit which would be beneficial and crucial at the same time in the long term. Money-saving or rather just the concept of money is a tangible one in itself. So, it’s important to not just explain them but give them a concrete tool to initiate it.


Requirements:

  • Soft drink Plastic Water Bottle

  • Acrylic Paints

  • Cardboard

  • Googly eyes

  • 2 Toilet paper rolls

  • Scissors and Glue


Steps:

  1. Take the bottle and, using a scissor under adult supervision, cut out a coin size rectangle horizontally. Make sure that the gap you are creating is not very big

  2. Paint the entire bottle with pink color

  3. Cut the 2 toilet paper rolls in half each, paint them a well

  4. To the opposite side of the hole you created, stick the 4 half-sized paper rolls as the piggy’s legs

  5. Using the cardboard, make ears and tail for the pig, paint them as well

  6. Stick the googly eyes, ears, and tail to the bottle by making the cap of the bottle as the nose for the pig


Learning Opportunity:

  • For children to be financially successful in the future, they have to learn money management skills as early as possible

  • Piggy banks are a facility to educate kids about the spending and saving concept

  • Every penny that they get, they should think of saving may be to buy something in the near future

  • The total money that they have received, they should have thought of managing it wisely

  • This will instill responsible money habits and foster a charitable spirit at the same time

  • Sharing is caring, is what we have learned always and it also applies in money matters


Time Required: 20 minutes


Cost: NIL


#elementary #personalfinances #math #steamEducation


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