, , , , ,

Pigs are not an animal that saves or stores. Did you ever wonder why it’s called a piggy bank?

In the 1400’s metal was expensive so dishes and pots made of an affordable orange clay called pygg. These pygg jars stored saving extra coins. This  kind of earthenware English potters used in the 1800’s for making piggy banks in the shape of a pig.

Another theory is that a piggy bank acquired its name relates to a pig, which eats scraps and leftovers and is often fat.

In some European countries, it is customary to give piggy banks as gifts at New Years, as good luck to encourage savings.