Wednesday, April 25, 2007

The Hundred Dollar Jar




When we lived in Germany, we used to go to all the local fests. My beloved was insistent that the whole point of going to a fest was to get a beer stein, which could only be gotten by drinking all the beer inside. Often, a refill was needed. After three years, there were quite a few. After that tour, he was assigned to recruiting duty, and he'd spend a bit of cash every day while he was out and about networking. Every night, he'd empty his pockets into his catch-all basket on his desk. I noticed it was starting to accumulate. It was an epidemic; beer steins and pocket change were overrunning our small quarters. I decided to conserve space by putting the change into a stein. In about three months, it was full, and I took it to the bank. It was very nearly a hundred dollars! Every three to four months, we'd fill it up and every time there was the same amount. Three to four hundred dollars a year in loose change definitely works for me! We still have a partial cash, partial debit spending system, but we don't fill up our jar nearly as quickly any more. It takes about a year nowadays, but it's still a happy surprise every time.

5 comments:

Carrie said...

Loose change is great, it's like found money. :)
Bank of America has a "round it up" program going now where they'll round up all of your debit purchases to the next dollar, put the extra into a savings account, and then they'll MATCH it. Something to consider if you're a big debit card user like I am. :)

Jennie C. said...

We are, but our bank gives us a percentage or our debit charges back each month. We've got the best bank I've ever heard of!

Rona's Home Page said...

We belong to the BofA savings account too! I also have a coffee can where we put all of our change in.

By the grace of God ... said...

That is a cool idea ... wish our bank did that! We tend to use our debit card more -- because we spend cash a lot easier than using our debit card! I do have a teddy bear tin I collect change in -- and I'll confess my kids will always show me the new quarters and don't think I have it, so I just drop them in another basket saved for them. LOL!

Penelope has beautiful blue eyes!!

Annie Carie said...

You reminded me of a book I read during the holidays: Christmas Jars by Jason F. Wright

In the book the family saves all their loose change during the year in a jar and then at Christmas gives it to a family in need. I liked the idea but didn't care much for the writing style.

I'm a longtime reader this is my first comment, so hello and congrats on your precious little one!