money jars and budgeting

ianbar0

hello, just wanted to share my jars situation!

im sure there are plenty of us with them at last count i have 9 i think....
i have converted my to be wife into writing down an exact budget so every month she can separate all her money and save for presents and holidays etc. is quite amusing to see her excitidly moving her money from one jar to the next! lol (she did think she had no money at all).

we went to pizza express last night and dined on tesco vouchers and a small amount from " monthly eat out jar" its working out rather well!!

Hardup_Hester

I do this but use envelopes, I think it's a good way of working.
Hugs Hester

indebtinsussex

I do this with 5 envelopes, we have food, petrol, holidays and entertainment, clothing and misc, and then at the end of the week whatever notes we have left over get moved into the spare money envelope, and coins go into a big pot to be paid into the bank when there is enough to fill money bags. I must admist I get quite excited about moving money across to the spare money envelope!

ianbar0

ohthats very impressive! i have a weekly spends jar, fuel. eating out, holiday, sky/broadband, car expenses, presents and whenever i dont sped in weekly or fuel goes into a sperate jar for whatever really. its quite amazing how much you can "not spend" when you want too.

Aarons_mummy

Oh I need to invest in more jars!!!

Currently I have one for coppers and one for spare pound coins and 50ps at the end of the week, any notes get transferred over to the savers account in the bank but think I much prefer putting it all away in jars.

That will be this weeks project

GreyQueen

I've had a moment of jar inspiration thanks to this thread. I want to buy a Kelly Kettle (circa £50) but I can't really afford it, However, I do have a bad habit of eating chocolate and sweeties several times a week. If I set up a jamjar and call it The Kelly Kettle Fund, and resist buying chocolate, I can put away what I would have spent and in 2-3 months I will have the price of the kettle and (hopefully) be a little less cuddly.:rotfl:

Rummer

I would love to use jars but my OH laughed at the idea

ianbar0

oh i also do have a jar for every coin! we went to the coin machine a week ago and put all our joint copper in and it came to £26! i have been saving change for ages it is going to go towards my spending money on my honeymoon next year. before i have used it for paying my car insurance....but i have a separate jar for that now too lol

JulieGeorgiana

I use a spreadsheet... otherwise I would need 25 jars :eek:

ianbar0

oh 25 jars sounds quite exciting!

Hannah_10

Aarons_mummy wrote: »

Oh I need to invest in more jars!!!

Noooooooo....

Invest in Jam or peanut butter and get free jars! Or if you need them far quicker than that pasta sauces and oven bakes only need one meal to empty them. Buying an empty jar is always more expensive than buying one full of food too. I never understood that!