Tuesday, November 20, 2007

Exploding piggy-bank aims to scare Japanese into saving

TOKYO (AFP) - Greying Japan has a new weapon to scare people into saving for their retirement -- an exploding piggy bank.

The "Savings Bomb," which goes on sale in Japan next week, "explodes" and scatters coins if users fail to save for a long time, toy manufacturer TOMY Co Ltd said Thursday.

The battery-powered toy -- designed as a cartoon-style, ball-shaped black bomb with a skull and crossbones logo -- lights up, makes a noise, shakes violently and scatters coins if it is not topped up for a long time.

"Users must pick up and collect the scattered coins and reflect on their laziness," the Japanese company said.

Japan has the world's oldest population and one of the lowest birthrates, raising fears of a future demographic crisis with a smaller pool of workers financially supporting a growing number of elderly.

<< Return to the Front Page

4 Comments:

At Nov 20, 2007, 6:55:00 PM, Anonymous Anonymous said...

Excellent find, Pocky.
That post says a lot.

 
At Nov 21, 2007, 8:44:00 AM, Anonymous Anonymous said...

I need one
Lucy <3

 
At Nov 21, 2007, 2:52:00 PM, Blogger Kami... said...

Banks have 0% interest...
Back in the day, even though money would be safe in the bank... the elderly would have the growing interest to use and spend on their grandchildren and such... money was always going back in...

But now, 0% interest... banks and the post office just hold peoples money and less and less are being spent... especially with over 30,000 people over the age of 100... what do they buy?

People retire (and retire comparatively late to that of Canada)... house, car, big TV... then what?

I like this idea... encourages people to keep money on hand... you certainly don't want to come home with change scattered all over the place...
1, 5, 10, 50, 100, 500... that's a lot of coins and it adds up FAST... especially when people use 10k yen notes to buy a pack of gum. :P

 
At Nov 21, 2007, 8:37:00 PM, Anonymous Anonymous said...

I thought those economic policies changed after the 90's.
Though it's bound to promote investment.

 

Post a Comment

Lots more cool stuff here!! Continue browsing...

Archives: (Oldest) April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 July 2009 August 2009 September 2009 November 2009 December 2009 January 2010 December 2010 (Most Recent)