Piggy Bank Craft

Making a piggy bank craft is a great way to start teaching kids about saving money. Here are step by step instructions of how to make a paper mache piggy bank.

Once kids make money, they have to have somewhere to put it, right? One of the first things my wife and I have done to teach our kids about saving money is to get them children's piggy banks.

When the kids get to help make their own piggy bank, they feel a sense of ownership and it means more to them. Our kids have really enjoyed making their animal piggy banks and then saving money in them.

You may also consider making plastic piggy banks or a bottle piggy bank.

Here are steps to make your own paper mache piggy bank craft. You are on your way of making unique piggy banks:

Piggy Bank Craft Step 1

Step 1: Make sure you have all the necessary materials for your piggy bank craft including

  • balloon
  • flour
  • water
  • egg carton
  • tape
  • scissors
  • newspaper
  • mixing bowl
  • paint
  • paintbrush
  • table covering or drop cloth to control the mess


Piggy Bank Craft Step 2

Step 2: Blow up the balloon to whatever size you want the piggy bank to be. If you want a giant piggy bank, make sure you get a large balloon. Of course, a large piggy bank craft will take more time, but not too much more. Cut out parts of the egg carton. These will be for the piggy bank's feet, nose, and ears.


Piggy Bank Craft Step 3

Step 3: Tape the egg carton pieces onto the balloon. Make sure you have the egg carton in the right place prior to taping. It is hard to take the tape off without popping the balloon.


Piggy Bank Craft Step 4

Step 4: Cut up several small strips of newspaper.


Piggy Bank Craft Step 5

Step 5: Mix up paste using flour and water. It should be about the consistency of pancake mix. Dip newspaper strips into paste and wipe off excess paste. Place the treated strips onto the balloon.


Piggy Bank Craft Step 6

Step 6: Place the strips on one side.


Piggy Bank Craft Step 7

Step 7: Turn it over and do the other side. The whole balloon should have 1-3 layers.


Piggy Bank Craft Step 8

Step 8: Now that the newspaper strips have been placed, allow the balloon to dry. If you only did 1-2 layers, it should be dry in 12-24 hours.


Piggy Bank Craft Step 9

Step 9: Once the balloon is dry you are ready to put on more newspaper strips.


Piggy Bank Craft Step 10

Step 10: Cover the whole balloon with paste treated newspaper strips again. This time do 3-6 layers.


Piggy Bank Craft Step 11

Step 11: Allow to dry. It should be dry in about 24 hours.


Piggy Bank Craft Step 12

Step 12: Place treated newspaper strips on the balloon again. This time do 6-12 layers or more.


Piggy Bank Craft Step 13

Step 13: Allow to fully dry. This may take a couple of days because it is so thick.


Piggy Bank Craft Step 14

Step 14: Paint your own piggy bank however you want. We spray painted this bank silver and waited for it to dry. You could make a red or pink piggy bank or whatever color you wanted.


Piggy Bank Craft Step 15

Step 15: Once dry, use a pencil to draw different features. Once you have what you want, paint the features. You do not need to worry too much about having crisp lines.


Piggy Bank Craft Step 16

Step 16: Once all the paint is dry, outline the features with a fine-tipped permanent marker. We also use a marker to add the eyes. Cut a small slit in the top of the bank. Remember to be safe. Do not cut yourself! The slit is to place money in, so make it as big as the largest coin that will be going in. Don't cut it too big. Remember, you can always make it bigger later if you need to, but making it smaller is hard to do.


Piggy Bank Craft Step 17

Step 17: You have completed your piggy bank craft! The finished product is even better than an electronic piggy bank...well maybe, at least there are no moving parts to break. Now start saving up for that college savings fund.

Here are some other completed paper mache piggy banks. Of course these have seen a little wear:

Green Piggy Bank

Blue Piggy Bank

Pink Piggy Bank


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Protective Polka Dotted Piggy  Not rated yet
This is the first piggy bank that I have completed. It did not turn out as well as I would have liked, but it's going to keep me from spending my savings. …

Done! Not rated yet
Our bank did not turn out as smooth as those illustrated. We should have smoothed the paper and glue better as we applied it. However, that’s what you …

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