Tag Archives: pennies

Unique & Easy Way to Save for Holiday Spending

Unique & Easy Way to Save for Holiday Spending

BY: JANE CAPONE

This savings idea was something fun and creative I saw and decided to try at the beginning of the 2018 year. I started on exactly January 1st 2018.
To begin, find something that can hold many coins and cash! I used a mason jar as my designated saving jar. You could use whatever you wanted – have fun and decorate it in a way unique to you.
The savings plan goes like this: on the first day of the year you put one penny in your jar. Day two: two pennies, day three: three pennies and so on and so forth. So for example on March 1st (the 59th day of the year) you are up to depositing 59 cents in your container. You deposit what ever the corresponding day of the year it is. So I continued this until November 1st and at this point, if I had continued I would be putting in $3.00 and up daily!! If you continue until the end of year, you will have a lot more.
I wrapped all the coins I had collected from January 1st to November 1st and counted all the money and took $304.00 to the bank. It was an easy and fun way to save, and I had extra money for holiday shopping!! I recommend you try it, and let us know if it works out for you! You may be able to save money on your holiday spending by tucking away what you already have. Good luck!
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