12/14/2016 12:53 EST

Saving Money With Piggy Banks Is Easier Than You Think

Sometimes it pays off to go old school.

It can pay off to do things the old-fashioned way.

And when it comes to old-school ways of saving, it's time to break out the piggy bank, financial planner Jeffrey Schwartz says.

As the executive director for Consolidated Credit Counseling Services of Canada, Schwartz sees his fair share of Canadians in debt. He says that's because we've pretty much given up on saving.

And while it can seem daunting to have a savings plan in place, it's why he says the piggy bank is a good starting ground to turn pocket change into a future payday.

For more on why the piggy bank is your closest ally to smart financial planning, check out the latest episode of "2 Minutes To Transform" in the video above.

"2 Minutes To Transform" is your guide to small but meaningful changes for a better you. Experts share their tips to transform your life at home, in the office or while you're on the go -- all in under two minutes.

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