Teaching kids about money management is one of life’s important skills that they carry into adulthood. And one of the best ways to introduce kids to financial responsibility is by using a money box. As a parent, I remember how excited my son was when he received his very first piggy bank, and how easy it was to help him understand the value of saving.
These days, money boxes come in a huge range of styles from simple tins with slots to interactive machines that take the money from you, classic to cute – and with so many gorgeous designs out there, they even double as decor.
OUR PICK OF THE CROP
16 Fun Piggy Banks For Young Savers
To help you find the perfect money box to help introduce your kids to the concept of saving, we’ve put together this handy list based on the ones we use or have been recommended to us from the mums in our Facebook baby groups.
In no particular order, here are 16 of the more popular money boxes and piggy banks for kids in 2023.
Made from 100% silicone, these money banks feel lightweight and durable, making them the perfect place to keep your little ones’ first savings safe. Available in a range of different animals and colours, we love that you can find just the right match for your child’s personality.
Love Lottie XOXO
A solid investment for kids young or old, these handcrafted oak boxes come with a clear front for excited eyeballing of growing savings. Will you keep the personalisation simple or inscribe ‘Toy Fund’? Use the provided screwdriver to release the loot when full.
A satisfying ‘ker-ching’ will ring sweetly in their ears when coins are dropped into this charming money box. Crafted from stainless steel with a coloured matt finish, these iconic characters will be a beyond stylish addition to your child’s room.
With so many colours and patterns to choose from, we love the licenced choices to match our bedroom’s theme. Made from the highest quality porcelain, these piggies will make the perfect place for your little ones to store their hard earnt coins.
Tiffany & Co
If you thought Tiffany & Co only made jewellery, think again. This earthenware money box brings some luxe to the art of saving while taking shelf decor to new heights. With their four new colour choices, it’s one pretty piggy indeed.
Money Savvy Kids
The traditional money bank has gotten a serious upgrade with this impressive piggy pal. With four separate chambers and four colour choices, kids will be well on their way to learning money management and the power of choice in an engaging and interactive way.
Let these adorable playful pals help your child save money. Looking like just a cute character, the coin slot and stopper are at the back and base. Standing at 15cm tall and available in three delightful designs, saving will be easy but choosing will be hard.
Spend or save? Adding a happy dash of colourful personality to their space, this money box evenly divides their pocket money between the two categories. If that’s not cool enough, when the clouds are full, easily open the rubber stoppers to let the change rain out!
The traditional piggy bank for kids is revamped with this simple, tactile companion. From the wooden legs and floppy ears to the financial discipline they’ll adopt, this piggy will definitely be snorting its way to savings in no time. Loving the colours.
Super shiny and cute as a button, this is a money box they’ll want to show off. It has a removable stopper at the base and comes presented in a sweet box for gifting. With a small slot on this one, it won’t fit 50 cent pieces – which means more room for gold coins.
Woof woof! It’s nostalgia-galore with this comic, retro dog piggy banks. Standing 13.5cm high, it will take pride of place on your child’s shelf and encourage them to become super savers. Sustainably handmade, it has a coin slot at the back and a rubber stopper on the base.
The perfect way to keep their coins safe and sound, these tin money boxes are full of nostalgia with Peter Rabbit or Flower Fairies artwork around the whole box. At nine and a half centimetres tall, this petite tin is an excellent piggy bank for first time savers.
Hide away coins or treasures from siblings and parents in these vibrant chests. Complete with a charming brass lock and keys, kids will be guardians over their own loot as they save up for that pirate costume or garden party to complete the scene.
My Family Rulers
We can’t get over how sweet these will look in your child’s den. Will you choose an eye-catching initial or adorable animal? Made from solid oak, they come with a personalized perspex cover to give kiddos proud ownership of their money.
Most dogs love bones, but this canine only has eyes for coins. Animated and interactive, smiles are guaranteed when it reaches down and gobbles the change in his bowl and the hatch releases to let the loot out.
Melissa & Doug
It’s the perfect piggy for older kids who love getting their craft on and a fab way to introduce the concept of saving. The set includes a resin piggy bank, four pots of paint, a brush, stickers and lots of glittery glue for wow-factor.
FAQs: Your questions answered
Buying any kind of kids’ money box can be overwhelming when you see all the types, so to help you out, we’ve answered some of the most common questions about kids’ savings and piggy banks.
What is a money box?
A money box, or piggy bank for kids, is a container used to collect and store coins or notes. It is often used to encourage children to save their money.
At what age should I start teaching my child about money?
It’s never too early to start teaching your child about money. Even young children can begin to understand the concept of saving and spending. As they get older, you can introduce more complex ideas such as budgeting and investing.
What are the benefits of using a money box?
Using a money box can help teach children the value of money and the importance of saving. It can also provide a sense of accomplishment as they see their savings grow over time. Additionally, it can be a fun way to teach children basic math skills as they count their money.
How often should my child count their money box?
Encourage your child to count their money box regularly, such as once a week or once a month. This can help them see their progress and feel a sense of accomplishment as they watch their savings grow.
Know a money box or piggy bank we should add to our list? Contact us and let us know, we’ve been curating Australia’s best baby products into helpful lists for over 15 years and we’re always happy to support new brands and businesses.
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Ask other mums
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