Comments on: What Example are You Setting with Baby’s First Bunny Bank?

By: Matt

Matt — Mon, 14 Jul 2008 03:51:59 +0000

That irony is funny. I guess if you can afford that you don’t need to worry about retirement.

On another note, I think it is critical to expose children to saving and investing at a young age.

By: Lazy Man

Lazy Man — Fri, 11 Jul 2008 16:52:13 +0000

dc-publius: If multi-millionaires buy them, then I’m okay with it. I know some people that get emotionally attached to giving the baby the best of everything and they would include this bank in that. They are not multi-millionaires.

Is there more enjoyment to this item at age 20 or 30? Sounds kind of difficult to say.

You don’t need to take money to your grave, you can always leave the money to your children. Even multi-millionaires sometimes run into hard times. Remember, MC Hammer went from millions to bankrupt. Others have as well.

I’m not saying that things aren’t worth spending for today. A trip to Hawaii when you are 30 might be one of those things. I just wonder if this bank is one of them.

By: dc_publius

dc_publius — Fri, 11 Jul 2008 14:52:55 +0000

The purpose of the piggy bank is to teach and instil good habits and life lessons. It is not to save money per se.

My guess is that only multimilinare households will buy this item. It doesn’t matter if they spend $1K on this item. In the greater scheme of things, their life budgets are unaffected. If they wanted to nickle and dime everything because it will be work 50K or 100K at retimrement, such people would never be able to spend any of their wealth. They would be forced to live just like middle class or poor people.

Money is important. But there is minimal diffrence between having 7 million at retirement and 8 million. You can’t take the money with you to the grave. And second, the buying power of money decreses with age. You simply can’t wait till retirement to actually start doing things you’ve always wanted to do. Some things are much more enjoyable when you’re 20-something and 30-something.

By: Polina

Polina — Fri, 04 Jul 2008 14:31:03 +0000

I bet that even if bought and given, this bunny would never survive its 16 year anniversary. I know a family where they made a baby-bank from stainless steel and the hole in it was as big as a coin (so you could only put money IN there, but it was almost impossible to get them OUT). When the Kid was 16, he finally found a way to crash the bank murmuring that he’d been waiting for too long already:)))

By: Lazy Man and Money

Lazy Man and Money — Thu, 03 Jul 2008 21:39:41 +0000

Cap, I have a spare one that’s just taking up space. Let me know next time you are in NorCal.

By: Cap

Cap — Thu, 03 Jul 2008 21:31:56 +0000

I just punched out my monitor after seeing this POS. You owe me a new LCD monitor?

By: Stephanie

Stephanie — Thu, 03 Jul 2008 18:12:45 +0000

wow, pretty ridiculous!

By: Lazy Man and Money

Lazy Man and Money — Thu, 03 Jul 2008 17:10:19 +0000

Llama Money: There’s a name and a brand behind this silver. It’s also shaped in cute form.

Good point Jim.

By: jim

jim — Thu, 03 Jul 2008 15:39:51 +0000

Llama Money: These things aren’t meant to be analyzed that way. :)

it’s funny that the bank will be worth more than what could ever possibly be put inside….

By: NCN

NCN — Thu, 03 Jul 2008 15:22:26 +0000

Perhaps you could view it as an investment in whatever metal the bank was made from?
Whatever happened to old pickle jar w/ a hole in the lid?

By: Llama Money

Llama Money — Thu, 03 Jul 2008 14:58:55 +0000

While I value silver as an investment / alternate currency, I can’t make sense out of this one. For the price to make sense from a silver investment standpoint, considering troy oz to regular oz, and sterling silver to fine silver, this thing would have to weight right about 5 lbs to be a good value. I’m doubtful that we’re looking at 5 lbs of sterling silver right there. So we’ll leave this one to the super-rich, who don’t really have money concerns. Their children will likely be trust-fund kiddies in any case, so money won’t be a concern to them either.