diff --git a/app/Http/Controllers/PiggyBankController.php b/app/Http/Controllers/PiggyBankController.php
index 59e79a74c7..ae9f639afb 100644
--- a/app/Http/Controllers/PiggyBankController.php
+++ b/app/Http/Controllers/PiggyBankController.php
@@ -168,6 +168,7 @@ class PiggyBankController extends Controller
                       'account_id'   => $piggyBank->account_id,
                       'targetamount' => $piggyBank->targetamount,
                       'targetdate'   => $targetDate,
+                      'note'         => $piggyBank->notes()->first()->text,
         ];
         Session::flash('preFilled', $preFilled);
         Session::flash('gaEventCategory', 'piggy-banks');
@@ -346,10 +347,11 @@ class PiggyBankController extends Controller
      */
     public function show(PiggyBankRepositoryInterface $repository, PiggyBank $piggyBank)
     {
+        $note     = $piggyBank->notes()->first();
         $events   = $repository->getEvents($piggyBank);
         $subTitle = e($piggyBank->name);
 
-        return view('piggy-banks.show', compact('piggyBank', 'events', 'subTitle'));
+        return view('piggy-banks.show', compact('piggyBank', 'events', 'subTitle', 'note'));
 
     }
 
@@ -369,6 +371,7 @@ class PiggyBankController extends Controller
             'targetamount' => round($request->get('targetamount'), 2),
             'order'        => $repository->getMaxOrder() + 1,
             'targetdate'   => strlen($request->get('targetdate')) > 0 ? new Carbon($request->get('targetdate')) : null,
+            'note'         => $request->get('note'),
         ];
 
         $piggyBank = $repository->store($piggyBankData);
@@ -402,6 +405,7 @@ class PiggyBankController extends Controller
             'account_id'   => intval($request->get('account_id')),
             'targetamount' => round($request->get('targetamount'), 2),
             'targetdate'   => strlen($request->get('targetdate')) > 0 ? new Carbon($request->get('targetdate')) : null,
+            'note'         => $request->get('note'),
         ];
 
         $piggyBank = $repository->update($piggyBank, $piggyBankData);
diff --git a/app/Models/Note.php b/app/Models/Note.php
new file mode 100644
index 0000000000..db1d2b4603
--- /dev/null
+++ b/app/Models/Note.php
@@ -0,0 +1,54 @@
+<?php
+/**
+ * Note.php
+ * Copyright (C) 2016 thegrumpydictator@gmail.com
+ *
+ * This software may be modified and distributed under the terms of the
+ * Creative Commons Attribution-ShareAlike 4.0 International License.
+ *
+ * See the LICENSE file for details.
+ */
+
+declare(strict_types = 1);
+
+namespace FireflyIII\Models;
+
+use Illuminate\Database\Eloquent\Model;
+
+
+/**
+ * FireflyIII\Models\Note
+ *
+ * @property integer                                            $id
+ * @property \Carbon\Carbon                                     $created_at
+ * @property \Carbon\Carbon                                     $updated_at
+ * @property string                                             $deleted_at
+ * @property integer                                            $noteable_id
+ * @property string                                             $noteable_type
+ * @property string                                             $title
+ * @property string                                             $text
+ * @property-read \Illuminate\Database\Eloquent\Model|\Eloquent $noteable
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereId($value)
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereCreatedAt($value)
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereUpdatedAt($value)
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereDeletedAt($value)
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereNoteableId($value)
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereNoteableType($value)
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereTitle($value)
+ * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\Note whereText($value)
+ * @mixin \Eloquent
+ */
+class Note extends Model
+{
+    protected $dates    = ['created_at', 'updated_at', 'deleted_at'];
+    protected $fillable = ['title', 'text'];
+
+    /**
+     * Get all of the owning noteable models. Currently only piggy bank
+     */
+    public function noteable()
+    {
+        return $this->morphTo();
+    }
+
+}
\ No newline at end of file
diff --git a/app/Models/PiggyBank.php b/app/Models/PiggyBank.php
index f2d2ae4e50..3d5e5da150 100644
--- a/app/Models/PiggyBank.php
+++ b/app/Models/PiggyBank.php
@@ -56,6 +56,7 @@ use Symfony\Component\HttpKernel\Exception\NotFoundHttpException;
  * @mixin \Eloquent
  * @property boolean                                                             $active
  * @method static \Illuminate\Database\Query\Builder|\FireflyIII\Models\PiggyBank whereActive($value)
+ * @property-read \Illuminate\Database\Eloquent\Collection|\FireflyIII\Models\Note[] $notes
  */
 class PiggyBank extends Model
 {
@@ -146,6 +147,14 @@ class PiggyBank extends Model
 
     }
 
+    /**
+     * Get all of the piggy bank's notes.
+     */
+    public function notes()
+    {
+        return $this->morphMany('FireflyIII\Models\Note', 'noteable');
+    }
+
     /**
      * @return \Illuminate\Database\Eloquent\Relations\HasMany
      */
diff --git a/app/Repositories/PiggyBank/PiggyBankRepository.php b/app/Repositories/PiggyBank/PiggyBankRepository.php
index 9eca01a95a..2560c440de 100644
--- a/app/Repositories/PiggyBank/PiggyBankRepository.php
+++ b/app/Repositories/PiggyBank/PiggyBankRepository.php
@@ -15,6 +15,7 @@ namespace FireflyIII\Repositories\PiggyBank;
 
 use Amount;
 use Carbon\Carbon;
+use FireflyIII\Models\Note;
 use FireflyIII\Models\PiggyBank;
 use FireflyIII\Models\PiggyBankEvent;
 use FireflyIII\User;
@@ -176,6 +177,8 @@ class PiggyBankRepository implements PiggyBankRepositoryInterface
     {
         $piggyBank = PiggyBank::create($data);
 
+        $this->updateNote($piggyBank, $data['note']);
+
         return $piggyBank;
     }
 
@@ -196,6 +199,8 @@ class PiggyBankRepository implements PiggyBankRepositoryInterface
 
         $piggyBank->save();
 
+        $this->updateNote($piggyBank, $data['note']);
+
         // if the piggy bank is now smaller than the current relevant rep,
         // remove money from the rep.
         $repetition = $piggyBank->currentRelevantRep();
@@ -210,4 +215,31 @@ class PiggyBankRepository implements PiggyBankRepositoryInterface
 
         return $piggyBank;
     }
+
+    /**
+     * @param PiggyBank $piggyBank
+     * @param string    $note
+     *
+     * @return bool
+     */
+    private function updateNote(PiggyBank $piggyBank, string $note): bool
+    {
+        if (strlen($note) === 0) {
+            $dbNote = $piggyBank->notes()->first();
+            if (!is_null($dbNote)) {
+                $dbNote->delete();
+            }
+
+            return true;
+        }
+        $dbNote= $piggyBank->notes()->first();
+        if (is_null($dbNote)) {
+            $dbNote= new Note();
+            $dbNote->noteable()->associate($piggyBank);
+        }
+        $dbNote->text = trim($note);
+        $dbNote->save();
+
+        return true;
+    }
 }
diff --git a/database/migrations/2016_10_22_075804_changes_for_v410.php b/database/migrations/2016_10_22_075804_changes_for_v410.php
new file mode 100644
index 0000000000..bfd8c71085
--- /dev/null
+++ b/database/migrations/2016_10_22_075804_changes_for_v410.php
@@ -0,0 +1,41 @@
+<?php
+
+use Illuminate\Database\Migrations\Migration;
+use Illuminate\Database\Schema\Blueprint;
+use Illuminate\Support\Facades\Schema;
+
+/**
+ * Class ChangesForV410
+ */
+class ChangesForV410 extends Migration
+{
+    /**
+     * Reverse the migrations.
+     *
+     * @return void
+     */
+    public function down()
+    {
+        Schema::dropIfExists('notes');
+    }
+
+    /**
+     * Run the migrations.
+     *
+     * @return void
+     */
+    public function up()
+    {
+        Schema::create(
+            'notes', function (Blueprint $table) {
+            $table->increments('id');
+            $table->timestamps();
+            $table->softDeletes();
+            $table->integer('noteable_id', false, true);
+            $table->string('noteable_type');
+            $table->string('title')->nullable();
+            $table->text('text')->nullable();
+        }
+        );
+    }
+}
diff --git a/resources/views/piggy-banks/create.twig b/resources/views/piggy-banks/create.twig
index 492ff18ae8..f6d055b46e 100644
--- a/resources/views/piggy-banks/create.twig
+++ b/resources/views/piggy-banks/create.twig
@@ -31,6 +31,7 @@
                     </div>
                     <div class="box-body">
                         {{ ExpandedForm.date('targetdate') }}
+                        {{ ExpandedForm.textarea('note') }}
                     </div>
                 </div>
 
diff --git a/resources/views/piggy-banks/edit.twig b/resources/views/piggy-banks/edit.twig
index 82bd5aeda7..c12e629504 100644
--- a/resources/views/piggy-banks/edit.twig
+++ b/resources/views/piggy-banks/edit.twig
@@ -33,6 +33,7 @@
                 </div>
                 <div class="box-body">
                     {{ ExpandedForm.date('targetdate') }}
+                    {{ ExpandedForm.textarea('note') }}
                 </div>
             </div>
 
diff --git a/resources/views/piggy-banks/show.twig b/resources/views/piggy-banks/show.twig
index a46f0920c2..0b625d7680 100644
--- a/resources/views/piggy-banks/show.twig
+++ b/resources/views/piggy-banks/show.twig
@@ -35,7 +35,7 @@
                 <div class="box-body table-responsive no-padding">
                     <table class="table table-hover">
                         <tr>
-                            <td>{{ 'account'|_ }}</td>
+                            <td style="width:40%;">{{ 'account'|_ }}</td>
                             <td><a href="{{ route('accounts.show', piggyBank.account_id) }}">{{ piggyBank.account.name }}</a></td>
                         </tr>
                         <tr>
@@ -73,6 +73,20 @@
                     </table>
                 </div>
             </div>
+
+            {% if note %}
+            <div class="box">
+                <div class="box-header with-border">
+                    <h3 class="box-title">{{ trans('form.notes') }}</h3>
+                </div>
+                <div class="box-body">
+                    <p>
+                    {{ note.text|nl2br }}
+                    </p>
+                </div>
+            </div>
+            {% endif %}
+
             <div class="box">
                 <div class="box-header with-border">
                     <h3 class="box-title">{{ 'table'|_ }}</h3>