Reasons to Save Your Change

Money/Finances - Personal Finance

By: MiddleSister     01-Jul-2012

Introduction:

Save your coins. It may not seem like it will make a difference, but it will. Save money, and you'll gain financial reward. You can easily save enough for a microwave oven in a year. In fact, it would be a really nice microwave! Every day you get change, and you'll barely miss it. Set it aside as a habit, and you are a money winner.

Less Weight to Lug Around

When you keep your change in your pockets and purse, it gets heavy. Every so often, my purse gets heavy with coins I accumulate from every day change after making purchases. Then I empty it out and put it right in my piggy bank or money jar.

Less Temptation at Snack Trays and Machines

SAve your change at home each night, so you don't have tons of it with you. Then, you won't be able to feed coins into a snack machine or get snacks at a snack tray at work. See? Saving your coins and change at home in a piggy bank might help keep you slimmer! Who knew?

An Excuse to Buy a Cool Piggybank For Grownups

There are some really funky cool piggybanks for grownups out there. If you are serious about saving your change, get yourself a coin bank that reflects your personality. A monster bank? Wonder woman piggy bank? Perhaps a quirky twist on a pig? There are many to choose from, and it makes saving a little more fun.Or, maybe you just want a big, giant clear jar to place your money in. Either way, choose a vessel for your savings, and make it a habit to put your change in.

Financial Reward

If you save your change every single day without fail, you'll likely rack up 75 cents per day. That conservative estimate puts you at about $22 a month saved. In a year's time, you could save $264. That's an easy thing to do. What will you do with all that dough? It's enough to afford tickets for that special concert you've been wanting to see.

Sense of Accomplishment

Save your change each evening as you empty your pockets. Grab your purse, and take out all those coins. As you pour your pennies, nickels and dimes into your piggy bank, give yourself some credit. You're consistently saving some money for yourself. I hope you have a sense of accomplishment.




Final Thoughts

Develop the saving habit. You benefit from the simple routine of putting away your change every night.


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Comments

  • dptstretch 7/1/2012

    Flag This Comment

    Love it...I'm a change saver and I'm at about $70 in my can. Plus I save my metal collecting and recycling money in another can which has about $200. I'm thinking about treating myself to a Kindle Fire...but not in a hurry to do so. If I keep saving, I might just get the iPad :)

  • hummingbirdee 7/1/2012

    Flag This Comment

    Cute list and I agree!


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