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Money Saving Articles

Saving Pennies, Spending Dollars

In these harsh times of economic despair, everyone is doing their best to save money and stay afloat. Individuals are using multiple sources to sell items to make extra cash like Craigslist and eBay, while others are stretching their dollars to make ends meet. While others are saving their pennies to use the extra money saved for luxuries. The thrifty savings of your change in a jar can lead to a major reward at the end of the year.

Throughout the years I have heard numerous stories from colleagues and friends about the wonderful things they are doing with their hard earned savings. By simply emptying their pockets at the end of the day, they are able to afford some of the finer things in life. This can be simply done by finding an old jar and placing it in a spot where you can access it daily. It needs to be in a place where you won’t forget about it and you can easily put your change in it with ease. If you wish, you can purchase a special change holder that counts how much change you have in the jar. As you put in the money, there is a counter on the lid of the jar that keeps track of your total savings. This is helpful for some, but it takes batteries that do not last long.

Others keep track of their change by going to local stores and using their money machine that counts their loads of change for them which I do not recommend. Most of those machines charge a fee for counting your change. It can range anywhere from 5 to 15%. This is a good portion of your savings and time can be better spent counting it yourself. You worked hard saving this change and you should enjoy every penny of it. Some local banks have change counters and they do not charge for services, but who knows if some change will not be counted. Avoid the possible miscalculation and ask your local bank for change rollers to keep track of your cents. You could make it a fun event and involve your children with this activity to make it a learning game. The more creative you are, the more fun counting your change can be.

The exciting things you can spend your money on are endless! From going to the arcade spending hours playing challenging video games to treating yourself to a frozen treat at the local ice cream shop, your pennies can add up to huge luxuries. You can show a friend appreciation by buying them a gift they can enjoy for being a wonderful companion. But, these are only small luxuries you can enjoy. Some people save enough change at the end of the year to be able to afford a vacation getaway for a few days.

It’s amazing what you can do when you save every penny for future spending. It can really add up and you can take advantage of the savings for future gain. So next time you see a few pennies on the ground and think it would not be worth it to bend over and pick it up, do it! You can really change your life by collecting your change.

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