There’s a Filipino belief that putting your loose change in a coin bank or a piggy bank or what they call ‘Alkansya’ creates bad luck. This is because, they say, you condition yourself for a time of hardship.
In a Feng Shui perspective, whether a coin bank or a piggy bank creates a bad luck or good luck depends on where you place it.
The most ideal place to put a coin bank is in the west or northwest section of your room or office. This is because the west and northwest section of your room is ruled by the metal element, and ensuring that this element is energized will activate your mentor luck and success luck, respectively. The ideal coin bank is one that is made of metal or ceramic which symbolizes the earth element.
Never put your coin bank in the east and southeast section of your room or office, because the east and southeast is ruled by the wood element, and metal destroys wood. Putting the coin bank here, especially if it accumulates a lot of coins will destroy your wealth luck.
So you see, with the preceding explanation, that Filipino myth that putting your loose change in a coin bank or a piggy bank is not entirely wrong, but neither it is entirely true. The secret is where to place the coin bank.