money jars and budgeting

canidothis

Most of my 'jars' are on line - works well for me as its less tempting to spend. I have 'emergency fund' 'entertainment' 'christmas/birthdays' and 'car'. At home I have a change pot for the odds and sods which gets saved and put into the bank and I also have a change pot on my desk at work which comes in handy.

I dont have a great deal of will power and would raid 'real life pots' if I got the munchies in the evening!!! So its a lot safer in the bank and its really quite exciting transferring it all around.......I know I need to get out lol:o

toriaterrier

JillS wrote: »

What is roadkill? I've got such a terrible picture in my mind of that particular tin. :eek:

lol Roadkill is the money I find on the floor in the street etc. I think others have called them 'findings'

LolaLemon

ive recently went back to 'piggy' banks. i always have coppers lying about, my nearly 4 year old finds them and gets soo excited and runs to put it in one of our banks, that are all labeled 'holiday fund'. and every so oftern he will count it all (soo cute, he counts up to 11 in order and adds in a few higher numbers too hehe) and tells me 'mum i think we have enough pennies now, so can we go on holiday today?'
oh if only it was that easy eh? lol

curlytop12

toriaterrier wrote: »

lol Roadkill is the money I find on the floor in the street etc. I think others have called them 'findings'

i wanted to ask,but was too embarrassed-was imagining you sold animals you'd found by the road or something!

zarazara

and dont forget,whatever method you use,jamjars,spreadsheets etc give yourself a HUGE PAT ON THE BACK when ,at the end of each month, you have managed to stay in the black and not in the red.

castri09_2

i love the idea of the jars so i raided my recycling i have 4 jars my girls have made 4 labels food,holls,petrol and going out.im going to get a certain amount out each month and see how i go. put a certain amount into each jar i will have a mini statement in each jar with what i have in each how much and when money was taken out of the jar.

it would be nice if i can stick to it might be hard to try and not hand over the credit card and just use what i have in each jar

zippychick

as this has dropped down the Old Style board, and it's more a budgeting suggestion,i've moved it to our budgeting board.

Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere (please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="forumteam@moneysavingexpert.com"]forumteam@moneysavingexpert.com[/EMAIL]

Zip

1jim

I do this but until recently had multiple savings accounts linked to main account...set up standing orders to go to each on payday. car tax/servicing, holiday, glasses, dentist, gas/electric, repairs fund, replacment items find etc etc. I have now combined them to one account to get a better interest rate and write down all amounts in a little book so I can see how much is in each pot. This way I earn interest on the pots of money and dont have to suddenly think about where money is coming from to pay for x, y, z.
I do still have a jar for pennys, and for £2 coins but havnt had one of these for months :-(

Svenena

My "jars" are in the form of online accounts too. I think I have around 9. Keeping the money in accounts ensures you are earning interest on it, plus is less fiddly (and takes up less room!).

lemmings1986

tiredwithtwins wrote: »

haha, im with juliegeorgiana on this - my jars are mainly online banking ones! although id only need about 15!! (my sealed pot challenge is an online bank account i put money in on payday)

i do have an old jack daniels presentation tin that we throw 1ps/2ps/5ps in - was £26.02 yesterday when we emptied it at the coinstar machine (ouch! 9p/£!) which paid for a kfc
i also have a small pot in my knicker drawer that i chuck £2 coins in and use them to pay for nice underwear when ive saved enough up.

hi i am new to mse and have just been using this thread i read that acouple of you use coinstars to change your money if you go to hsbc you can use their machine just like a coinstar one but doesnt charge you for using it i have a bank account with hsbc and am not sure if you can do it without one but im sure other banks have these machines or wont be long before they do and they dont charge 9p a £ for using it,
i myself am in debt but no my reasons and am trying to change it i have recently started budgeting and am going to try the envelope one where you put them in different envelopes also think the jar one is good aswell
i had my first no spend day today and won a £30.00 fruit and veg hamper which im sure ill get a few meals out of so i will save some money there too am going to try for another no spend day tommorow aswell im sorry if this sounds like im gloating but am so pround of myself