"Sealed Pot Challenge ~ No 6"

Arthog

Hi all!
Can I ask a silly question . .
What do you actually do with the cash? I have a mini milk churn full of 20p coins from last year. I bank with a Building Society which doesn't have the facilities to take a lot of coinage and weigh it etc.

haybel19

put 40p in my pot so far found at the bottom of my handbag. Off out for coffee with a friend in bit so should have more change to add later.

Verityemilia

Please could I join ... Target £200

ModestyB

Arthog wrote: »

Hi all!
Can I ask a silly question . .
What do you actually do with the cash? I have a mini milk churn full of 20p coins from last year. I bank with a Building Society which doesn't have the facilities to take a lot of coinage and weigh it etc.

Hi, the best thing to do is get loads of money bags, fill them up and take them in any bank and change them for notes. You do not have to have an account to do this.
Other people on here have paid for their shopping at self service tills.
Whatever you do, DO NOT put them in a C0instar machine or you will lose 10% of your savings. HTH.

ModestyB

Verityemilia wrote: »

Please could I join ... Target £200

Welcome to our huge family of potters. Get yourself a pot, any kind will do as long as you can seal it. You will be given a number by our Packleader Sue, please put it on your signature. Also please read page one and you'll find out all you need to know about us. Keep checking in to hear all the juicy gossip. :rotfl:
Most of all, enjoy saving.

Wyre

Hi to all the new folks, come in and make yourself a cuppa, no standing on ceremony here.

On top of the lovely advice from others can I add that subscribing to the thread is BRILLIANT!! The email updates mean you don't forget as you get that gentle reminder, plus it makes it so much easier to find the thread again!!

About pots - my pots are my old ones from last year (99p each from the 99p store). I had to use a can opener to get the money out last year but I pushed the lid back down again (didn't cut all the way round), sealed it back up with a load of tape (so no sharp edges) and covered the top with paper, making a slit over the old hole for the cash lol.

crimson.addict

Arthog wrote: »

Hi all!
Can I ask a silly question . .
What do you actually do with the cash? I have a mini milk churn full of 20p coins from last year. I bank with a Building Society which doesn't have the facilities to take a lot of coinage and weigh it etc.

ModestyB wrote: »

Hi, the best thing to do is get loads of money bags, fill them up and take them in any bank and change them for notes. You do not have to have an account to do this.
Other people on here have paid for their shopping at self service tills.
Whatever you do, DO NOT put them in a C0instar machine or you will lose 10% of your savings. HTH.

I used mine last year for presents and to treat myself to a whole day out without worrying about what things cost.

Although you don't need an account most banks only let you take in 5 bags at a time if you're exchanging for cash. If they're not busy they may let you take more

You could always go in with a friend, get them to put it in their bank in one chunk then take it out the hole-in-the-wall and put it into your bank. In my bank the money goes straight in, before you even leave the bank

Last year, i banked mine into a savings account every few months or so. Over the year i got £1.45 in interest. This isn't much but its more than i would have got letting it sit at home. I guess it depends on how likely you are to spend it doing it that way.

I don't really know how building society's work so this is just my experience from B@rclays

sara_uk1

can i join too. no specific amount for me, but hubby wont be working by then so every little helps.

Malices

Please add me too! I'm saving for a house deposit, but that doesn't stop Christmas happening, so if I aim to save £200 in change and bits that should cover my festive expenses and I can save the big dolla in my bank accounts

Sue-UU

A very warm welcome, Jules in the Garden, MR~Mrs, Laydeemel, eader, Nitan, sally7216, Gailcm, Verityemilia and sara_uk1, it's lovely to have you all with us. Enjoy yourselves saving. You'll find your numbers at the bottom of the list on post 5 of page 1. Please read through post 1 as it'll let you know exactly what to do with the challenge.

*Please pop your numbers on your sigs, it helps so very much.

Thanks everyone for being so very helpful.
Gold stars go to Wyre :staradmin (a superb post quoted below!) also to Modesty :staradmin, little_sweetie :staradmin and to Ruth :staradmin. Lovely work, girls.

Wyre wrote: »

DreamerHelen, imo the point of this thread is to get us into the habit of saving so that when something comes along we can say 'hey that's not so bad, I can handle this' which is exactly what you did *cheers*. I was watching the tv programme called 'The Middle' the other day and the parents were in a tizzy about accidentally spending too much money on something, until they realised that years before they were thrown in a tizzy by spending far less. So they were getting better with money it just didn't seem like it right at that moment. That's all of us here, trying to get better and be prepared. If that makes any sense whatsoever....lol.

A superb and very friendly post, Wyre, your gold star heads the list above.

Wyre wrote: »

I have one tip - subscribe to the thread as the email updates really encourage and remind you. You can subscribe at the top of the thread - in the green bar under thread tools.

Thanks a lot, Wyre, you saved me writing all that, brilliant!!! :T You've definitely earned that gold star! See above if you haven't already.

MR~Mrs wrote: »

I just wanted to say this is a brilliant idea and I will sort of join in as in I'll put any spare cash into my big bottle but I'm not keeping track of it- as I'm too lazy (and it's a nice surprise!)

You'll sort of join, Mr~Mrs????:eek: The way you're saving is exactly as the rest of us do...and apart from that, I've already added you to the list!!! :rotfl:

Arthog - I hope your question has been answered as you spend it on whatever YOU wish! Christmas is the main aim for most of us, but it could be for a holiday, wedding - anything! Please have a look through the 1st post on page 1. Use the bank to change your cash, then pop next door to the BS. Would you like to join us??

LC 2, please forgive me for not wishing you well with your migraine last night - I had good intentions...and then forgot! I hope you're much better today. You're right, it won't be long before we see member 2000 come through the door!! :eek: :grinheart

Sue x

Anyone wishing to join, please just ask, you're more than welcome, it's never too late.There may be a lot of us, but don't feel intimidated, we're a lovely lot, so come on in.:grinheart

Please read the 1st post on Page 1 first so you know what's what.