Hope you are all enjoying your Monday.
While i am away, i will complete the March Money Madness series
because that’s what a good blogger would do:-)
I wanted to share something Team Pancakes does
and i am sure many of you already do as well because it is a useful practice
in terms of counting and saving your pennies!
Let me ask you a question:
What do you do with all the pennies, nickles, dimes and quarters
you accumulate at the end of your day?
Some people use it to buy gum or candy at the store.
Other’s may go into your purse (most of it doesn’t though because
we hate our purses bulging out because of those dreaded coins)
Other’s may use their coins for parking meters (myself sometimes)
Other’s loose their coins only to find them in between the couch cushions.
You get the idea…there are many things we can do with our coins at the end of the day.
What Team Pancakes does is put all the coins we have
accumulated throughout the day into what we call:
Team Pancakes Family Fund!
Initially, the coins do not look like much however
day after day and month after month of accumulation,we noticed the money adds up.
One year, we were able to roll up over a $1000.00 of coins
so Mr. Pancakes could get emergency dental work.
After that incident, i was hooked on saving my pennies in the Team Pancakes Family Fund.
Of course this jar DOESN’T replace your regular emergency/savings funds
BUT it can act as a supplement.
Some couples/ families use their JAR as a way to save their pennies for vacations,
toys like a big screen TV, laptop, iPad…however you use the money in the jar,
the most important thing is that you made
a conscience effort to save extra money that you might have otherwise used frivolously.
Lately, we have been adding some bills too because sometimes at the end of the month,
we have extra money left over that could go to the family fund
instead of purchasing lunch, magazines or something that i really don’t need.
The best part of adding the bills is that it increases the family fun rapidly.
As the jar gets fuller, Mr. Pancakes will remove most or all the pennies
so that we only have silver coins.
We then begin another jar with just the pennies.
This is motivating in a way because it makes you only
want to save more silver coins because they add up faster.
The name of one of my favorite blogs is My Pretty Pennies
and you know what our pennies are pretty, we work hard for our pennies
and why wouldn’t we want to save them?
I encourage you today to start Saving Your Pretty Pennies!
Question of the Day:
Do you have a money jar/family fund?
How do you use the money in your jar…for vacations, buying toys?