Carnival of Personal Finance: The Origin of the Piggy Bank

piggy bank on money Carnival of Personal Finance: The Origin of the Piggy BankToday, humans know of the piggy bank as a simple coin container. But did you know the true origin of the piggy bank is all about financial literacy [Suburban Dollar]? It all began in a magical land called Pigtopia, where pigs are just as (or, they would argue, even more intelligent than) humans, and walked upright and dressed in stylish garbs such as tophats and waistcoats. Pigtopia had interest rates [Canadian Finance Blog] and natural disasters [A Modern Gal], just like the human realm.  But it’s the place where Piggy Bank was born to become the most famous banking dynasty in Pigtopia.

It all began when a lady pig named Petunia Piggy married [The Financial Uproar] Pigster Piggtington, and gave birth to five little piglets. One day, Petunia took her piglets to a famous fortune-teller, who told their fortunes in a rhyme:

This Little Piggy Carnival of Personal Finance: The Origin of the Piggy Bank This little piggy went to market.

This little piggy stayed at home.

This little piggy has roast beef,

This little piggy had none.

And this little piggy cried “Wee! Wee! Wee!” all the way home

Petunia decided to teach financial lessons to her kids [Budgeting in the Fun Stuff] so that they grow up to become financially responsible and productive pigitizens, whatever their fortunes might be. To do so, she began saving for her kids education in a 529 index funds [Science and Money]. “This way, if they want to become Pig Latin scholars, they can go to the best college education [Simple in France],” decided Petunia.

She also started planning a series of lessons in personal financial statements [Kommunications from Kim], stock investing [The Smarter Wallet], effects of foreclosure on credit [Credit Card Forum Blog], how to save on insurance [Balance Junkie], and mortgage vs. renting [Accumulating Money]. Petunia also wanted to groom her piglets to become giving individuals, so she incorporated tithing and giving [Provident Planning] in her lessons. As a result, most of the five little piggies grew up understanding the value of money [The Squirrelers].

happy piggy bank 300x195 Carnival of Personal Finance: The Origin of the Piggy BankThe oldest piggy, Patricia, loved to go to the market – the stock market, that is. As the oldest, she feels compelled to be good at everything [The Financial Blogger], and that includes investing in stock market [Magical Penny] and maintaining an excellent credit score [Free From Broke]. Patricia got a job at a bank, won career awards [Free Money Finance], and successfully helped her company avoid tipping scams & ripoffs [Bargaineering].

The second oldest piggy, Patricio, is a homebody. Patricio figured out how to make money on ebay [Narrow Bridge] so that he can work from home. Sometimes, he even hid cash at home [Sean] and buy a car online [Digerati Life] so that he doesn’t have to leave the house. Eventually, Patricio decided to become an online investment adviser [The Oblivious Investor] so that he can help others with their money in the comfort of his home. When Patricio bought his dream home, he made sure to have a quality home inspection [Single Guy Money] and used tips to lower his property tax [Wisdom Journal]. Because Patricio loved home so much, he doesn’t mind that his rent to income ratio [Money Maus] is a little higher than other pigs’. Personal finance is personal!

hungry piggy 238x300 Carnival of Personal Finance: The Origin of the Piggy BankThe third little piggy, Pumpkin, loved to eat. His favorite treat [A Gai Shan Life] is roast beef. “Nom nom nom,” said Pumpkin, whenever he smelled roast beef at a backyard cookout [Not Made of Money]. Pumpkin’s fondest dream is to have $1,000 [Financially Poor] to spend on roast beef, whenever he wanted.

The fourth little piggy, Parma,was unfortunately not very good with money. He shopped with a credit card whenever he felt sad or happy [Budgets Are Sexy]. That’s how he sank into debt [Murder Your Debt]. Because he didn’t save when the times were good, after he was laid off he had no cushion to see him through that difficult time. Fortunately, Pigtopia provided health insurance for the unemployed [Consumer Boomer].

The other little piggies decided to stage an intervention, village-style [GRACEful retirement]. Slowly, as Parma listened to his other, more financially secure siblings, he began taking 4 easy steps to improve his money [Good Financial Cents] and started using credit card alternatives [Wealth Pilgrim]. “I will never again fall for financial lies that make me poor [Money Help for Christians],” he declared.

The youngest little piggy, Petals, loved to travel. But every time she’s away from home she missed home terribly. To save money to travel, Petals got a premium cash back card [Saving to Invest], shopped at consignment store [The Frugal Lawyer], and used Priceline for vacation [Couple Money]. Petals also carefully budgeted for summer vacations [One Money Design] so sh can have money for winter trips as well. Even after her trips were over and she ran wee wee wee all the way home, Petals was running on a budget [The Financial Student]!

After staging an intervention for the 4th little piggy, who had “none” because he couldn’t save money when the times were good, the five little piggies decided to get together and start an institution called The Piggy Bank that will teach generations of little piggies to save [Blogging Banks], invest, and reach financial freedom [Green Panda Treehouse]. “We have to make Piggy Bank the dominant bank in the land,” Patricia declared, “there is no place for mediocrity [Hundred Goals]. Let’s shoot for the stars, because what do we have to lose? [Hundred Goals].”

As a result of The Piggy Bank’s outreach, other piggies of Pigtopia learned about strategies [My Wealth Builder] for finances [Live Real, Now], big and small. From smart ways to invest tax refund [Money Smart Life], how to manage your estate [Investing Thesis], the benefits of a high interest account [Foreigner's Finances], fixed income for dividend investors [Dividend Growth Investor], flat tax [Know Money], the differences between CDs [The Dough Roller], buying a home [Millionaire Mommy Next Door], substitution effect and income [Don't Quit Your Day Job], and placebo effect beyond medicine [Pop Economics], to the best value of paper towel brand [Len Penzo] and unexpected expense of nice teeth [Miss Bankrupt]. The piggies also tackled issues such as identity theft, and taught classes on how to institute a security freeze [Fiscal Geek] and use virtual credit card numbers [PT Money].

Years later, when Piggy Bank became the preeminent bank in Pigtopia, a newspaper decided to interview the five little (now not-so-little) pigs for an Interview with a millionaire [Eventual Millionaire] series. The piggies wrote a best-seller titled The Millionaire (Pigs) Next Door [MORE than Finances], and dedicated the book to their mother, Petunia. The President of Pigtopia even issued a special commemorative dollar coin [Beating Broke] with the piggies’ likeness.

And that’s the story of the five little piggies and the origin of the Piggy Bank! porky pig 218x300 Carnival of Personal Finance: The Origin of the Piggy Bank

image source: (1) Marie Claire, (2) lifesafeast.blogspot.com, (3) theage.com.au, (4) www.retailhellunderground.com, (5) potbellypigusa.com

Be Sociable, Share!
  • more Carnival of Personal Finance: The Origin of the Piggy Bank

49 Responses to “Carnival of Personal Finance: The Origin of the Piggy Bank”

Read below or add a comment...

  1. Forest says:

    Ha ha ha, utterly brilliant :) …. You learn something new everyday ;)

  2. Great job with the carnival. I'm sure it took you a long time to get it together.

  3. Adam says:

    What a fun carnival! And some great reads in there too. Thank you for sharing your creativity :)

  4. Revanche says:

    The most hilarious thing about this week's theme is the fact I just discovered an old friend had NEVER heard of the five piggies rhyme!! :)

    Thanks for hosting!

  5. Mike says:

    You are incredible. This is the most seamlessly put-together carnival I’ve seen.
    .-= Mike´s last blog ..How to Invest in the Economy: The Best Investments for Each Business Cycle =-.

  6. That has to be one of the most creative presentations of the Carnival of Personal Finance I've ever seen! Brilliant, and Amazing!

    Thank you for hosting and adding such a wonderful flair to it!

  7. Awesome way to do a carnival I appreciate your creativity! Thanks for including me.

  8. Very creative story. It was a great start to my day. Thanks

  9. Darren says:

    Wow, excellent post! Very creative. How long did it take to put together?

    Thanks for including me!

  10. Craig/FFB says:

    I'm reading it and I forgot it was a carnival! Nice theme this week.

  11. Helen says:

    Best financial fairy tale I've read in awhile. Thanks for putting it all together… and thanks for including my post.

  12. Ben says:

    oink oink :)

    nicely done, thanks for including my post on options for your tax refund!

  13. Austin says:

    What a carnival post — very different..! Thanks for hosting and sharing these great links to read :)

  14. Wow, what a great theme! That's pretty dang creative! Thanks!

  15. pkamp3 says:

    I missed this day in school; must have been sick! Thanks for hosting!

  16. J. Money says:

    haha…dude, this was GREAT!!! wow talk about really thinking and putting time into a them. You rocked it out girl ;)

  17. Tom @ CFB says:

    WOW, great job hosting the carnival!

  18. Very good, Pigs apparently are about as intelligent as 3 year olds so probably an apt selection good time to start!

  19. mada says:

    Great blog! I've been banking mobile myself recently. http://www.cibcswitch.com/mobile.aspx

    MTHIRTY has just shared a widget with you on behalf of CIBC http://www.mthirty.com/transparency

Trackbacks

  1. [...] This post was mentioned on Twitter by Well-Heeled, Frugal Zeitgeist. Frugal Zeitgeist said: RT @wellheeledblog Carnival of Personal Finance: Piggy Bank http://bit.ly/albYKR [...]

  2. [...] feed for updates on this topic.I have an article in the new Carnival of Personal Finance over at WellHeeledBlog. Be sure to check it out. If you enjoyed this post please help to spread the word by retweeting [...]

  3. [...] Best of Money Carnival #49 posted at Canadian Finance Blog. Thanks Tom! It was also included in the Carnival of Personal Finance #255 at Well [...]

  4. [...] out my post “How To: Get Started With Running Cheaply and Quickly” over at the Well-Heeled Blog. This entry was posted on Monday, May 3rd, 2010 at 12:00 pm and is filed under Carnivals. You [...]

  5. [...] Well Heeled Blog: Carnival of Personal Finance [...]

  6. [...] Well Heeled Blog: Carnival of Personal Finance [...]

  7. [...] vs. Income Effect” – Cameron’s first article in a while was hosted in the Swine Edition (you’ll see what I mean) of the Carnival of Personal Finance at the Well-Heeled [...]

  8. [...] Well-Heeled Blog included Low Interest Rates: The Good, the Bad and the Ugly in this week’s Carnival of Personal Finance. [...]

  9. [...] Carnival of Personal Finance at Well Heeled Blog. [...]

  10. [...] Carnival of Personal Finance – @ Well-Heeled Blog [...]

  11. [...] Carnival of Personal Finance: “The Origin of The Piggy Bank” @ Well-Heeled [...]

  12. [...] Carnival of Personal Finance at Well Heeled Blog. [...]

  13. [...] participated in the Carnival of Personal Finance over at Well Heeled [...]

  14. [...] Carnival of Personal Finance at Well-Heeled Blog AKPC_IDS += "1134,"; SHARETHIS.addEntry({ title: "Black Coffee: My Favorite [...]

  15. [...] Smart Ways to Invest Your Tax Refund in the Carnival of Personal Finance [...]

  16. [...] Carnivals from last week: Money Hacks, Money Stories, Taxes, Debt Reduction, Personal Finance. [...]

  17. [...] Hacks Carnival #113 | Learn Save Invest Best of Money Carnival #49 – Canadian Finance Blog Carnival of Personal Finance: Piggy Bank Festival of Frugality #278: The Pure Peer Pressure Edition | Live Real, Now Carnival of Money [...]

  18. [...] this past week, we also participated in the Carnival of Personal Finance and the All Things Eco [...]

  19. [...] This post was included at this week’s Carnival of Personal Finance hosted at the Well-Heeled [...]

  20. [...] this past week, we also participated in the Carnival of Personal Finance and the All Things Eco [...]

  21. [...] Carnival of Personal Finance #255 – The Carnival of Personal Finance is a list of the best personal finance and investing articles from around the blogosphere. [...]

  22. [...] this past week, we also participated in the Carnival of Personal Finance and the All Things Eco [...]

  23. [...] Carnival of Personal Finance #255 [...]

  24. [...] in the most creative Carnival of Personal Finance I’ve ever read — check it out! The Origin of the Piggy Bank by Well-Heeled [...]



Leave A Comment...

*

CommentLuv badge