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Money Banks – The Oldest Method of Saving Money
Using a money bank is the oldest method to save money. Before real banks came along, people used to store their money through money banks which they keep hidden inside the house safe from burglars and intruders. Today, money banks are mostly used by children (although some adults still have money banks to store their old coins or to save money for future use).
Other Names for the Money Bank
People have various names for the money bank. Among them are the following:
- Coin bank
- Piggy bank
- Still bank
- Penny bank
Whatever you want to call it, parents trust the money bank not just to store their coins but mostly to teach their children about the value of saving money.
Saving money is very important and that’s why kids need to learn it at a young age. So buy your child a beautifully designed money bank at Mr Toys today!