ACCI Conference 2024

Money can be used in some ways, but Japanese piggy bank, single slot, made of porcelain, discourages children from spending money because it needs to be broken to spend money. On the other hand, Money Savvy Pig developed by Money Savvy Generation has four slots, and is transparent, so it causes little psychological resistance to take out money from piggy bank. In order to become wise consumers who can spend their money both for individual and for society, it is imperative to cultivate qualities and abilities using four slots’ piggy bank. This experiment was done during summer vacation, and participants was sixth-grade students at an elementary school. When students receive an allowance from their parents, they were requested to plan in advance for what and how much they would use, and to write it down each time. It was free to change for what and how much every week, but there were not so many cases they did. We could see some cases to use their money for others, and there was one case who selected and bought stocks for the first time, but in general, no new activity was identified.

Author(s): Keiko Takahashi, Seki Shintaro, Inose Takenori