 photo by Marcus Povey |
Piggy banks are traditionally used to save coins to accumulate savings. The use of piggy banks dates back to the 15th century when savings jars were crafted from "pygg" which is a type of clay. Over the years the name evolved to mimic the original term with the like-sounding "pig" and banks were created to look like pigs and the name "piggy bank" was eventually dubbed, somewhere around the 18th century.
Today's piggy banks are made of all kinds of materials including clay, plastic, and glass and are not solely designed in the shape of a pig; it is common to find other animals or shapes that are still referred to as piggy banks. Many children are introduced to the concept of saving money by being given a piggy bank where they can deposit coins they receive, however adults use piggy banks as well.
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