There are many ways that you can can your money. I am a big fan of automatic payments. Your money transfers easily without you even having to handle it. But if you’re one of these people who use a lot of actual cash and coins, a money savings jar might be more up your street for your loose change.
Don’t Buy A Jar
You’ve probably seen variety of of money saving devices available in pound shops and even online. You can get cans which you have no access to unless you take to it with a can opener. There are see through containers with memes or savings quotes on the side in different quirky designs. My favourite take here is to use a jar you already have. Why pay for a money savings jar? You could wash out a jam or sauce container and give it a second life! It also saves you at least a couple of quid. You can put this into your new container to kick start your saving.
Fill It Up
Now is the time to start putting coins (and paaper money if you want!) into your jar. Keep it somewhere safe, maybe out of the way of windows and prying eyes, but somewhere you will notice it and remember to put things into it. Remember back in the day, maybe it was just me, but my grandparents used to have a little jar they’d put their change into. If you were lucky you’d get a few coins when you went to visit. You need to do the same. So much loose change is lost and there are even people out there who throw it away. So strange, literally throwing away cash. Chuck anything that’s in your pocket at the end of the day into your money savings jar and you’ll soon see it build up.
Time To Save It Or Send It
Whether you wish to save the money from your jar or use it to spend, you could count it out yourself or use a service like Coinstar which will charge you for the pleasure. One top tip is to use it at self service checkouts. This is a great way to actually spend your copper coins rather than giving away 12% of every pound to a sorting-out-machine, or struggling to fill the bags for the bank to accept them at increments of round pounds. If you have notes, take these to your bank. You can pay them in via the ‘hole in the wall’. You can then direct them into an actual savings account where it will be kept nice and safe for a rainy day.
Start All Over Again
Once you’ve emptied your money savings jar, it’s time to start the process all over again. You’ll be amazed at home much you can actually start saving away by using this method, or simply cut down that supermarket bill by using some coins. Let me know over on Twitter how you get along with using your money savings jar.
