Spend and save jar

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Spend and save jar

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alison
Downsizer Moderator

Joined: 29 Oct 2004
Posts: 12918
Location: North Devon

Posted: Tue Jan 01, 13 2:33 pm Post subject: Spend and save jar

I haven't done this for a while, but I am starting it again today, as it really makes me think.

The basic premis is that you have 2 jars in a visible place.

Every bit of money you spend has an impact, so regardless of your budget it can work.

You add to your 1st jar like this.

Say you went to tesco, and did some multi buys, and at the end on the receipt you have saved ï¿½2.40. Straight away you put the ï¿½2.40 into a separate purse, poscket etc, and as soon as you get home into the jar it goes. Any coupons off the shopping, money off petrol, you get the idea. It soon addds up. I am going to do quite a bit of selling this year on ebay. It won't be anything that expensive, but I think these 2 combined, over a number of months could add up to a nice amount by the end of the year.

For me the second jar is the tempation I didn't give into. I have a bad habit of buying chocolate the same time as I purchase fuel, so for me, if I resist, and don't buy any then the 80p goes into the 2nd jar, but this can then only be spent on a treat for me later (new to me book or something I really want, but don't need)

Went

Joined: 19 Mar 2006
Posts: 6968

Posted: Tue Jan 01, 13 3:10 pm Post subject:
Great idea as long as you remember to do it.

alison
Downsizer Moderator

Joined: 29 Oct 2004
Posts: 12918
Location: North Devon

Posted: Tue Jan 01, 13 3:11 pm Post subject:
It sits on my desk, right next to me. It is amazing how much it mounts up.

Pilsbury

Joined: 13 Dec 2004
Posts: 5645
Location: East london/Essex

Posted: Tue Jan 01, 13 3:43 pm Post subject:

Gawber wrote:

Great idea as long as you remember to do it.

And no one else would be dipping Into it every week for this and that.....
That's,what would happen in my place.

Went

Joined: 19 Mar 2006
Posts: 6968

Posted: Tue Jan 01, 13 3:48 pm Post subject:
...but if you could stick to it I bet you'd be surprised how it mounts up. I remember my Mum stopping smoking when I was a young lad and saving the money in a jar to pay for a school trip for me to Italy. I'll never forget that.

lettucewoman

Joined: 26 Sep 2006
Posts: 7834
Location: Tiptoe in the Forest!!

Posted: Tue Jan 01, 13 5:29 pm Post subject:
we've got a pot for 2 pound coins, that can only be opened by breaking it when its full...now if either of us gets a 2 pound coin we giggle and rush over to deposit it

gillyflower

Joined: 20 Sep 2007
Posts: 226

Posted: Tue Jan 01, 13 11:23 pm Post subject:
I have a ï¿½2 coin pot as well and find it a painless way to save up a useful amount of money. I like the idea of a jar for the money saved on discounts in the shops. Makes me feel feel a kid saving my thruppenny bits in a jam jar - but it works! Gillyflower

starjump

Joined: 03 Feb 2009
Posts: 196
Location: East London

Posted: Wed Jan 02, 13 6:14 am Post subject:

Saving 20ps again this year. Also just been introduced via another forum to the idea of 'roadkill money' (!), which is anything you find on the floor or rolled under the fridge or whatever. i'll be a millionaire on what gets left in clothes pockets and ends up in the washing machine! We bits and pieces like this every year and use it for treats. Don't think I will be disciplined enough to put away what I have saved at the supermarket though, but a good idea.

Green Rosie

Joined: 13 May 2007
Posts: 10498
Location: Calvados, France

Posted: Wed Jan 02, 13 9:29 am Post subject:

My problem is having the actual cash to put in the pot. I pay for most of my shopping by card and have been know to raid the boys' piggy banks when I need cash. I suppose I could put notes in to show how much I have saved but somehow that doesn't have quite the same visual appeal.

However we have just received an email from Brittany Ferries saying we saved ï¿½596.80 on our ferry crossings this year through our Voyager's Club Membership. (It doesn't mention how much we had to spend to save that figure though

)

Went

Joined: 19 Mar 2006
Posts: 6968

Posted: Wed Jan 02, 13 10:35 am Post subject:

Green Rosie wrote:

However we have just received an email from Brittany Ferries saying we saved ï¿½596.80 on our ferry crossings this year through our Voyager's Club Membership. (It doesn't mention how much we had to spend to save that figure though

)

Now they have a monopoly (at least of the Spanish crossings) their charges are getting ridiculous...and don't get me going on mini-cruise passengers

Midland Spinner

Joined: 13 Jan 2009
Posts: 2931
Location: Under a green roof

Posted: Wed Jan 02, 13 10:48 am Post subject:
Last year my sister went to New Zealand on what she'd saved by keeping every ï¿½2 coin for 7 years.

12Bore

Joined: 15 Jun 2008
Posts: 9089
Location: Paddling in the Mersey

Posted: Wed Jan 02, 13 11:20 am Post subject:

Midland Spinner wrote:

Last year my sister went to New Zealand on what she'd saved by keeping every ï¿½2 coin for 7 years.

Is she now collecting NZ$2 coins to fund the return trip?

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