The Old Piggy Bank

In the old days, people might have picked up a piggy bank and put the extra change in to start saving money over time. Building the strong financial habits early could have been the main goal. Things are a little bit different these days. Are you really heading into the local bank branch as often? The internet and online banking might be another option.

The smartphone has changed the game when it comes to a lot of things that people do from day to day. Checking the online banking accounts with your smartphone might be a daily routine. Are you going to start looking deeper into saving money? It might be simple to take your extra change and switch it to your savings account. This might not be the same as dropping your pennies into a cup or filling up a large 5 gallon water bottle with coins.

Some people might look at the current savings rate and not be very impressed. There could be other options like the high yield savings account. Are you going to research the information on
amazon high yield savings account book? When it comes to saving, people might think that it is boring. Would you rather put your money into a savings account or would you consider going into the investing markets?

The name of the game is risk. Some people are okay with walking on the wild side of investing, but others might like to just park their money into something like a savings account. Some people might still like the ideas from the old days like the piggy bank. They might be okay with doing stuff offline.

Are you watching the coin counter youtube videos? People might like watching the numbers go up on the coin counters, but they might be giving up a percentage for counting the money. When it comes to money, people might not put a lot of spot light on the idea of saving. Learning how to save money might not be a big topic around the dinner table, but it is important in the financial world.