The money box, also known as a piggy bank, dates back to Ancient Greece, where the first money box was found in the 2nd century BC. These initial money boxes were shaped like small temples and had a slot for inserting money.
The name "piggy bank" stems from "pygg jar," which is the historic name for this box. The term "pygg" refers to the type of clay these jars were constructed from during medieval times. In the 1920s, British banks introduced a new kind of money box, which they referred to as a home safe. The home safe is a locked box provided to many customers for safekeeping of their money.