Bring back the "PIGGY BANK" campaign.

tartanterra

Please see below, a copy of the letter I have just sent to Nationwide, and I urge people to help and support this.
It would be fantastic if we could ALL get on to our various savings institutions and get the childrens piggy bank re-instated.:T
It taught me to save from an early age, and it's re-introduction as a savings tool, may possibly make some the next generation of borrowers become savers instead.
I don't think its going to change the world, but it taught me about saving, and it's just possible it may teach some of todays kids as well!

Feel free to join me!!!!:D

Suggestion to Nationwide B.S.

It has become clear recently, as we survey the wreckage of the "credit crunch" that many people have borrowed far beyond their means. One of the contributing factors to this, is the fact that many people have now forgotten how to save money for the future.
When I was a child, it was common for most children to have a savings account, and in conjunction with this, financial institutions such as yourselves would provide children with their first "piggy bank". Apart from the excitement (and indeed, pride) that was generated when the full moneybank was emptied and the contents deposited into the building society, it also generated a savings culture amongst young people, which many of us have retained to this day. My children (aged 3,5 and 7), now all understand the importance and enjoyment (and occasionally, the frustration!) of saving, and all have a healthy amount on deposit to help them in the future. Unfortunately, I had to search second hand shops for piggy banks for my children, as building societies and banks no longer provide them. This is a shame, as I feel financial institutions, and especially mutual building societies, should be encouraging the savers of the future, as online banking simply isn't an option for the average 5 year old child.
It would be fantastic if Nationwide, as the largest mutual society (and the institution where my three children deposit their money!)were the first to support this.

oxenryd

tartanterra wrote: »

Please see below, a copy of the letter I have just sent to Nationwide, and I urge people to help and support this.
It would be fantastic if we could ALL get on to our various savings institutions and get the childrens piggy bank re-instated.:T
It taught me to save from an early age, and it's re-introduction as a savings tool, may possibly make some the next generation of borrowers become savers instead.
I don't think its going to change the world, but it taught me about saving, and it's just possible it may teach some of todays kids as well!

Feel free to join me!!!!:D

Suggestion to Nationwide B.S.

It has become clear recently, as we survey the wreckage of the "credit crunch" that many people have borrowed far beyond their means. One of the contributing factors to this, is the fact that many people have now forgotten how to save money for the future.
When I was a child, it was common for most children to have a savings account, and in conjunction with this, financial institutions such as yourselves would provide children with their first "piggy bank". Apart from the excitement (and indeed, pride) that was generated when the full moneybank was emptied and the contents deposited into the building society, it also generated a savings culture amongst young people, which many of us have retained to this day. My children (aged 3,5 and 7), now all understand the importance and enjoyment (and occasionally, the frustration!) of saving, and all have a healthy amount on deposit to help them in the future. Unfortunately, I had to search second hand shops for piggy banks for my children, as building societies and banks no longer provide them. This is a shame, as I feel financial institutions, and especially mutual building societies, should be encouraging the savers of the future, as online banking simply isn't an option for the average 5 year old child.
It would be fantastic if Nationwide, as the largest mutual society (and the institution where my three children deposit their money!)were the first to support this.

I still have my BarclayBill. I can see it from here !

Actually I'm now wondering, was that actually it's name ? Or did my dad name it ?;)

tartanterra

oxenryd wrote: »

I still have my BarclayBill. I can see it from here !

Actually I'm now wondering, was that actually it's name ? Or did my dad name it ?;)

Just "googled" it.
Looks like your dad might have made it up!!!!!:rolleyes:

Paul_Herring

How does this tie in with the government's desire for the general public to spend rather than save?

itsallagame_2

Paul_Herring wrote: »

How does this tie in with the government's desire for the general public to spend rather than save?

Because they also need us to save :money:

greenface

I remember my TSB saving that i opened in school for a pound , "think i got a pencil case and pen set for opening it. It kept a bit of money in and out no piggy bank but i saved money in a old jar. I used to take my money about once a month to the bank or school to deposit. More important once left and started work TSB was the only place i wanted to open an account for my wages and a few years later my first loan then mortgage. Still have account even if changed names .

greenface

While writing this Ev*rt*n have scored so i now blame TSB and off to close account on monday:mad: morning

john_s_2

I had a Winnie the Pooh 'piggy' bank when I was a kid. This would have been early 70s. I'm sure it was the result of saving tokens from some sort of dessert that had a Pooh theme at the time, and then sending off for it.

While writing this Ev*rt*n have scored so i now blame TSB and off to close account on monday morning

Clear headed rational thought processes of a football fan :-)

(Although the way my team are playing at the moment has gone beyond rational...)

sons_2

I think it is a shame the Natwest pigs aren't still done. I managed to get them all, made it fun to save.

rb10

The Halifax Save4It still comes with a free piggy bank.

I too agree that by getting children involved with saving, and giving them things like this to help them, would really help many to realise the importance of saving.

Remember that despite the fact that the Government want us all to borrow now, the excessive borrowing of recent years has not helped the situation that we are in at the moment. So if saving money was really drummed into the heads of today's children, this might just encourage some of them to save a little more in the future.

withnell

I've still got my Halifax little xtra club house moneybox!