Penny Jar!

poppasmurf_bewdley

All my £1, £2, 50p and 20p coins go straight from my pocket into bank bags and when full, they go into my savings bank account.
Last year, this saved £340.

All 10p, 5p and copper go into jamjars in the kitchen until I go to Morrisons (which has a coin counting machine). Last time five jam jars produced £41.

It's a VERY EASY way to save. :beer:

nikkilala_2

LisaB85 wrote: »

I don't know if anyone does this but I refuse to use anything smaller than 50p to pay for something, For example if I buy something for 30p and have a 50p, 10p and 20p in my purse I use the 50p and put the smaller coins in a jar.

Am I ocd or being sensible? It adds up over time and every little helps, I think I have about £15 in my jar at the moment which I hope to use on Christmas cards etc as long as things go to plan.

You are not alone on this, I do exactly the same and will only use a 50p or £1 coin to pay as it gives more change for my pot. Last year I manged to save just short of £200 in it for xmas, but this year it will go towards my cc bill that I am determind to clear!

apesxx

I have an old 1.5ltr bacardi bottle that only fits 5p's so I never spend 5p's ever and always put em in my bottle. I've been doing it about 12 months and there's about 40 quid in there at mo.

curlytop12

LisaB85 wrote: »

I'm glad I'm not just being a weirdo :rotfl:

I would save 50p but at the moment I'm on JSA so that is pushing it a bit too much but I might try it for a week or so and see if I can manage.

i know,am envious of the "two pound savers" on here!we will get there one day!:j

kittiemoo

kjsmith7 wrote: »

For me, I have a plastic green piggie bank that I put 1p, 2p, 5p, 10p and 20p coins in each day out of my purse, and DH does the same (when he remembers!). Last month just before pay day we were absolutely skint and so we raided the jar, worked out as £46.20 after a year! It went a long way in the few days leading up to pay day! :-)

The only pain in the bum about it was having to count it into money bags to hand in at the bank!! I didn't want to use one of those coin star things at Asda/Tesco/etc. as it takes a cut ;-)

I discovered today at my bank (Natwest) they have a coin counting machine which counts the money like a coin star and puts it in the account of your choice! so no counting and it goes straight into my savings :j

LisaB85

I just put my 50p's in my penny jar :eek: will see if I can manage it and leave them in there x

Magpie23

Hey All,

I just wanted to say ME too!! But it's now rubbed off on the children now, who will actually ask for my purse to put any loose change into our bottles which are in the front room. No-body touches them and everybody completely understands they are for ABSOLUTE emengencies.

There have been a few occasions that the money bottles have literally saved our lives (before discovering MSE), and have now become our mini in-house back-up plan! Never underestimate the power of the money jars!!

I have now progressed to money jars in the cupboard for food shopping and the kids clubs! I have so say how impressed I am that it's actually working (and it's so simple!). I've taken my allocated £400 food shopping budget out in cash and divided it into four money bags within my jar. I'm now also only doing weekly shops as I hate supermarkets with a passion! Anyway, it's slowly becoming bearable. Any surplus goes straight in to the cc pot at the end of the week, something we've never done before, but I can see it becoming a secret weapon in tackling our debt on all fronts.

Now, only DD's come out of the account as I carry one weeks worth of food shopping on me at all times. It's made it possible for me not to spend any additional money (or money that I don't have ) as I now see all of the money in my bank account as already spent.

Who would have thought that something so simple would have helped me turn my life around, get organised and tackle my debt in the process?!

Cheers Money Jars :beer:
and thanx
-x-

Chrisblue1962

I have three change boxes - old red post box money box (1p and 2p), old red telephone box money box (5p) and my blue cat money box (10p) - not sure how much is in there and I don't want to know either! - Out of sight is out of mind and harm's way ! :rotfl:

DreamerHelen

I do this as well....I have a HUGE Plastic Budweiser Bottle and I put all my loose change into it.

I tend to do my Shopping and stuff like that daily so then whatever change is left in my purse I tend to put in the Budweiser Bottle.

The only problem is that sometimes I have to take it out if I'm very very short of Cash.

This Year I'm hoping to save up for a long Weekend away in Morocco in January for my Birthday...but not sure I'll get there...We'll see...

jellybean39

i save £2 coins and in 2 years have had over 3k been brilliant! I do get alot through the business so change them up when i get tips and they go in my whiskey bottle!