Weekend Plans Post: The Last Piggybank

Jaybird

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28 Responses

  1. Ozzzy! says:

    If piggy banks are like depression old, then 529 gifts are like boomer much, so clearly you should just buy them NFTs of a second of video or something and hope irony survives 15 years or so.

    *I have a piggy bank for my 1 year old son. It’s got some OG LOOT box magic let me tell youReport

    • Jaybird in reply to Ozzzy! says:

      Huh. The earliest known pig-shaped money containers date to the 12th century on the island of Java, according to the wikipedia.

      The term “piggy bank” only goes back to the 40’s.

      Huh.Report

    • Marchmaine in reply to Ozzzy! says:

      UGMA… Universal Gift to Minor Act/Account

      Are 529s Boomer or GenX? I’ve used the heck out of our 529s… but then I have like 40 kids and I think all but 3 are in college at right now.

      But the UGMA is where the real action is at… well, if you can’t afford a proper trust fund and all that.

      Now I just have to see if the accounts allow for bitcoin investing….Report

      • PD Shaw in reply to Marchmaine says:

        The bank w/ our safe deposit box recently announced it was closing(*) and I had to go grab my stuff and get out and don’t come back. I forgot about these U.S. savings bonds the um silent generation family gave my kids, its like found money if I can figure out what to do with them.

        (*) Main branch downtown closing, where I used to have an office, but branches all over the city still around. Feels disconcerting. Over a hundred years ago they used to print notes that were considered valid national currency.Report

        • Marchmaine in reply to PD Shaw says:

          I was clearing out a drawer in my office and I found a $100 American Express Traveler’s Cheque that I’d ‘won’ at a job about 20-yrs ago.

          I’m tempted to go to a Starbucks and offer to pay for their fine comestibles with three beans and this bearer bond which will entitle them to great wealth should they ever find a genie capable of reading its script.

          I think my oldest has a $20 bond in our safe deposit box too. Nothing says I’d like to give you $10 but pretend that I’m giving you $20 20-years from now quite the same way.Report

          • I met an elderly woman once who was one of those cases of freaky corporate shares. Her husband died and in going through the trunks in the attic she found a stack of shares in some odd never-heard-of-it lumber company. Someone did the legwork on mergers and acquisitions and stock splits and they translated into several million dollars worth of Georgia Pacific (I think; might have been another giant). Anyway, the company honored them despite the decades.

            I met her through my great uncle who ran away from home at age 16 and wound up the cook at a lumber camp in Montana. As he explained it, lumberjacks always get paid, then the mill operators, and the hands at the camp are last. When cash was short he agreed to take stock instead. He ended up owning, as he described it, an embarrassing amount of stock in one of the giants. He “collected” people like the old lady as a hobby.Report

          • Fish in reply to Marchmaine says:

            I won $50 and $100 savings bonds for winning Wing- and Group-level “NCO of the quarter” competitions last century (I was a bit of a unicorn–a maintenance guy in a “REMF” Space Command unit who got deployed to a forward location–my chain of command saw a golden opportunity to get one over on the Ops crowd who always win everything because maintenance is invisible). I think they’re in the safety deposit box? And I think I tried to look up the serial numbers or something on the fed’s website and I got nothing, so I’m not even sure if they’re viable anymore.Report

          • fillyjonk in reply to Marchmaine says:

            Clearing out files in 2019 after my dad died, my mom found several hundreds of dollars in **UK** traveller’s cheques that were leftover from a trip they took there in 2004.

            I helped her do the online work to redeem them, and trust me, it was a friggin’ JOURNEY. First to prove that she had a “right” to them (scanning in part of his will to attach) and second waiting for them to process 15 year old cheques, the original company which issued them apparently having gone bankrupt.

            She eventually got the money for them but it was only after a chain of about 10 e-mails over perhaps five months….fortunately I think it got straightened out just before the pandemic got *really* bad.

            I have some old, old treasury bonds in my safety deposit box I should probably look into cashing in….hm, maybe THAT’S where my new roof will come fromReport

      • fillyjonk in reply to Marchmaine says:

        I’m a “geriatric” X (born 1969) and 529s hit the scene a little late for them to be a thing for my college edumacation.

        (I got monumentally lucky, though, in the lottery of life – my dads parents finished out their lives owning a very small set of rental cottages on Lake Michigan, which appreciated considerably in price before my dad and his brothers inherited them and decided to sell them and split the money three ways. And then we got lucky again with how he invested it – pulling it out to a more secure investment shortly before the crash of 1987. I paid for three years at an out-of-state Public Ivy on that, my brother paid for a couple years at a SLAC, and there was enough leftover for each of us to have help with downpayments on our houses….)Report

  2. InMD says:

    My son has an elephant bank. It’s the same as a piggy bank, except that it’s an elephant. Since all the parking meters have gone to an app it’s slim pickens for him. Every once in awhile his grandparents will bring over a sandwich baggie with coins for him to deposit. I have no idea how they end up with them.

    This is my final weekend before starting a new job after 3 full weeks off. I think it’s the most time I’ve had since the crater following the financial crisis. And that was really stressful time off since it wasn’t exactly voluntary. I have a full docket of Halloween activities with my son. Pumpkin carving, neighborhood s’mores and costume parade, then of course the trick or treating. My goal is to really bask in the dwindling lack of professional responsibility before hitting the ground running Monday.Report

  3. Slade the Leveller says:

    My docket is FULL. Standing in the rain to officiate a rd. 1 football playoff game tonight. Seeing a friend’s band tomorrow, then hightailing it over to a wedding party. Golf at a country club Sunday. Maybe I can be in a Briggs cartoon.

    I have a change jar, too. It’s a Hillsboro Hops mug that I got at the last LeagueFest. I’d empty it out, but banks have done away with their counting machines. They’ll still take them, but you have to bring in rolls. Who’s gonna do that?Report

  4. Jaybird says:

    Maribou and I have had a conversation and it has been decided that tomorrow I will be making The Spaghetti Sauce.Report

  5. fillyjonk says:

    I dunno what I’m doing. Online knitting group is tomorrow, I missed the last one because I needed to get out of town or I was gonna lose my stuff, so I might attend at least part of this one. I also want to get out to the small (very small) local gourmet shop to see if there are any other things I might want to get anyone as a holiday gift (yes I’m doing it obnoxiously early but I see certain relatives at Thanksgiving and it saves me having to mail the stuff later).

    we’re FINALLY getting seasonal weather so I am contemplating making a pot of the rather-involved bean soup I make a couple times a winter (recipe is from my vintage-1974 Winnie the Pooh cookbook (yes, really) that friends of the family gave me when I was a small child. The recipes are fairly sophisticated and I mostly didn’t like them as a kid, but as an adult, I make the bean soup and also the creamed salmon fairly regularlyReport

  6. Michael Cain says:

    Got an early start by doing 20 miles on the bicycle. Today is as close to a perfect fall day as is likely to occur, even by Front Range standards.

    Halloween, in a Front Range tradition, is forecast to have a high of 43, some rain in the afternoon turning to snow showers as it gets dark.Report

    • InMD in reply to Michael Cain says:

      That’s awesome. Today turned out to be a great day for riding here, even despite the floods yesterday. I somehow fit in a 21.5 mile ride post pumpkin carving and pre costume parade. I am exhausted but it was beautiful out on the trail. Saw little rapids on the water and everything.Report

  7. PD Shaw says:

    Conjunction of ill-timed events. Hall pass with my wife going to stay with our daughter for a few days, but I have a lot of work this weekend. Son (last-minuting) college app, but likely to disappear when done. No Halloween plan; may just turn off the lights and hide Sunday evening.Report

  8. Fish says:

    We’ve got a change jar as well–it’s a decorative 2-foot-tall decorative twisted glass thingy that we probably bought at Pier One Imports (remember those?). In the olden days it took about two years to fill it. Now it takes muuuuuuch longer. It can in handy a couple of years back when our washer died and I had to truck the laundro to the mat to get it done–raided the jar for quarters for the machines. Right now it is most useful when deployed as a door stop.Report