DIY: Money Jar

Written by chelsea fitzgerald
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DIY: Money Jar
Children learn the value of money if they have their own money jar. (BananaStock/BananaStock/Getty Images)

Making a homemade money jar is an excellent way to teach children about the value of saving money. Learning this lesson at a young age helps children develop wise spending practices because they can actually see their money grow and learn how long it takes to reach a financial goal. Making an inexpensive piggy bank out of recycled products is an enjoyable family project that inspires children to start planning their financial futures at an early age.

Skill level:
Moderately Easy

Things you need

  • Newspaper
  • Clean plastic jar with a lid (a 851gr jar works well)
  • Craft or utility knife
  • Scissors
  • Plaster cloth
  • Container of warm water
  • Empty egg carton
  • Pink acrylic paint
  • Craft paintbrush
  • Ruler
  • Pink felt
  • Hot glue gun
  • Pencil
  • Black permanent marker
  • Pink pipe cleaner

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  1. 1

    Lay sheets of newspaper over your work surface.

  2. 2

    Insert a craft or utility knife into the side of a plastic jar to cut a slot for the money. Parents must do this for young children, as utility knives are quite sharp.

  3. 3

    Cut 1-by-6-inch strips and 3-by-4-inch rectangles out of the plaster cloth. The strips are useful in covering small areas on the money jar and the legs. The rectangles help to cover the large areas on the body of the piggy bank quickly.

  4. 4

    Unscrew the lid from the jar and set it aside.

  5. 5

    Dip the plaster cloth into warm water and place it on the jar. Smooth it out with your fingers. Do not cover the coin slot or the neck and thread areas where the lid sits. Repeat with more plaster cloths until the jar is covered. Cut more cloths if necessary.

  6. 6

    Cover the top and sides of the jar lid with the wet plaster cloths. The lid will be the snout of the pig.

  7. 7

    Cut four sections out of an egg carton with scissors. These form the pig's feet, so trim them until they are even.

  8. 8

    Attach the feet to the jar with the wet plaster cloth strips by wrapping them around the tops of the egg sections and the body. Think of the plaster cloth strips as a piece of tape.

  9. 9

    Cover the entire pig's body with another layer of plaster cloths. Allow it to dry for about 15 to 20 minutes.

  10. 10

    Paint the pig's body and snout section with pink acrylic paint and a craft paint brush. Allow them to dry.

  11. 11

    Cut a triangle shape out of pink felt. Bring the two bottom ends together to form the pig's ear and glue the tips together. Once it is dry, glue each ear to the top of the head area.

  12. 12

    Draw eyes above the jar opening with a black permanent marker. Add eyelashes if you want it to be a female pig.

  13. 13

    Cut small circles out of the pink felt -- about the size of a pencil eraser -- to form the nostrils on the jar lid. Glue them onto the jar lid with the hot glue gun.

  14. 14

    Wrap a pink pipe cleaner around a pencil to form a spiral shape for the pig's tail. Slide it off the pencil and glue it to the bottom of the jar with the hot glue gun and angle it upward.

  15. 15

    Screw the lid onto the jar and now you are ready to fill the money jar with coins.

Tips and warnings

  • Plaster cloth is available at craft and hobby or discount stores.
  • Cut pink circles about the diameter of a quarter if you want your pig to have polka dots. Glue them onto the body.
  • Use the black marker to paint the bottom of the pig's feet if you desire.
  • Write the child's name with the permanent marker on the pig's body if you want to personalise it.
  • Unscrew the snout any time you want to cash in your coins.

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