Instead of throwing that empty water, juice or soda bottle in the trash or recycle bin, why not make it into a cute one-of-a-kind piggy bank your kids will love? Step 1 Glue fabric or paper around the "body" of the bottle. Cut piggy ears from the fabric or paper and glue them on as well.The lid of the bottle will be your piggy's snout. And remember, this is a one-of-a-kind bank, so it doesn't necessarily need to be a piggy. Use your imagination. Step 2 Paint the empty thread spools any color you wish and then glue them to the body as your bank's four legs. Step 3 Cut a shaggy tail, mane, or whatever you wish from the yarn and glue it to your piggy bank. Step 4 Glue the googly eyes onto your piggy bank's "face." Step 5 Using the knife or scissors, slice a slot in your piggy bank's back large enough for coins and folded dollars. You won't need a hole to remove the money; all you will need to do is twist off the bank's nose.