The £2.00 Coin Savers Club

leatherpurse

Regard the £2 coins as a savings tax and flip them onto the top of a wardrobe to gather dust. Now and then, get the steps out to see how many you've saved and use them for a meal out if enough or fish and chips or take-away. They soon mount up!

Rebob

I have decided that I am going to take mine to the bank soon as once it is in my internet savings account it is harder to spend and I can keep check of how it is mounting up!

sweet_chicken

hi....

great idea!! i'm gonna start saving them as well now!! i used to only save pennies and 5p's but have stopped many years ago!!! i'll def start on the £2 coins!!

gonna go dig into my bag now to see if i have any!!!

postingalwaysposting

highguyuk wrote:

3. I personally think we should be saving in the bank, and my £2 will be going into my savings accounts eventually. If we get £4 per week, £16 per month thats £192 per year. 192 * 5% = 201.60 which equals £9.60 of interest you would be missing out on. (5% as an average rate, highest rate with ICICI is currently 5.25%. Not deducting tax).

well i have decided i will bank mine every two weeks or so in my car isa, i will still keep my total running in my signature though, then some coins can get back into the system

*Louise*

kathfisch wrote:

What a fascinating site, makes me want to collect the different designs of all the coins. I have always liked collecting things but still, what a thing to admit to :rotfl:

I see three dilemmas facing the £2 Coin Savers Club:

1. Do we simply collect coins we happen to receive or go out of our way to get them?

2.Does the possibility of getting a £2 coin in your change become a justification for spending money that you ordinarily wouldn't?

3. Do we save in pots or the bank? If you saved a £2 coin per week how much interest would you lose by keeping in a pot rather than banking? Anyone care to do the maths?!

Good luck everyone!!

1.I am just collecting the coins that I happen to get - exchanging smaler change for them at banks etc spoils the fun in finding them.

2. No. That would defeat the purpose of moneysaving

3. I'm saving mine in a pot then banking it at the end of each month and keeping a total in my siggy

:j :j

brummiebabe

:mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad: :mad:

Note to self - ALWAYS put £2 coin in 'tigger' moneybox AS SOON as you get it - otherwise, you'll end up having to spend it!!!!!

My total now back down to £4!!!!!:(

sissy_2

Gonna give this a try, I already save all change below 50p, got a demmy jar half full! Woohoo!! £2 coin is now my new mission

Iwantmorecash

ive always saved £2 coins

piglet has alot in him atm...


last time i empyied him b4 xmass he bought me a 28" wide screen JVC digital 100Hz tv

:j

anguk

Got another £2 coin in my change today, up to £4 now!

PaleScene

I was given one in change today and felt great

Only to need change to pay my Aunt back a couple of hours later... I told her I was collecting them now and I think the answering grin as she took it was a hint that she does too!

My answers to the mini-poll are that I will let them come to me, except perhaps in those situations where the till assistant apologises for having no notes to put in your change - I often wonder why you then get £1 coins rather than £2 coins, so will ask for them then!
No I won't spend in the hope of a £2 coin - after all, I have to give those up
I think it's good to get them in the bank, so will probably bank at £20 (is that what the cashbags say for £2 coins?)