Monday, October 29, 2007

Saving With Loose Change Jars

So...Something that I love to do is to have multiple loose change jars for different purposes. This is how I lay it out-
Coins $.25 or less =Dinner, Drinks, or Movies.
Coins $1-$2 =Clothes or a day trip(gas, entertainment for the day)
Bills $5-$10=Chunk payments on loans or credit cards

At the end of every day when I get home I empty the change out of my pockets and check my wallet for bills. I put everything in the appropriate jar and watch it grow. I never dip into the jars for anything other than their labeled purpose. I also try to wait until each jar is full to the brim before I even think about counting it. When you do count the change up after the jar becomes full I guarantee you will be blown away by how much is in there. And lets face it, what do we always end up spending the loose change in our pockets on? I know I usually spend it on junk food or pop. It's a great feeling when you count a jar for the first time and realize how much money you have managed to save without much effort at all.

Have fun with this tip. It's hard not to!