Spare change can be a bit of an annoyance in your daily life. Paying in cash is a good way to ensure that you don’t spend any extra money – as credit cards can tempt you to overspend because you often don’t realize just how much money you’re spending if you don’t physically handle the bills – but then you wind up with a fistful of coins that you have no idea what to do with. You might be sorely tempted to just toss them into a corner somewhere and forget about them, but if you’re looking to save or gain money, then you should really consider collecting your spare change. Set up a coin jar in your house where you can easily reach it every day, and drop your spare change in when you come home from work. It’s a great way to save money, and here’s what you need to know to convince you to start doing this:
It adds up without Any Effort
You might not realize just how much your spare change adds up to be over time, but it really does add up quickly. Once the jar gets full, you can collect all that spare change and get it wrapped up and exchanged for bills – and you might just be surprised by how much it adds up to be. That’s money that you would have otherwise tossed out or forgotten about, and that is a big deal. It really is a good way to collect some spare cash at the end of the day, so you should really never throw away or discard your spare change even if it’s just a few pennies. Those few pennies can add up to quite the impressive amount over the course of several months once you start collecting more and more.
You Never Know When You’ll Need It
Nothing is worse than needing spare change and finding that you don’t have any on hand. If you get into the habit of collecting spare change, you can always grab a few quarters if you’re going to need them for a parking meter. You won’t have to struggle to find the spare change you need to carry around in your purse or wallet, not if it’s sitting out in a jar and practically staring at you. Plus, the extra money that can come from a coin jar can help you in an emergency if you need an extra twenty bucks to help polish off an expensive medical bill. It’s an important way to bolster your savings, and one that you should take seriously instead of writing off as unimportant or not worth bothering to do.
It’s Easy to Do
There is pretty much no effort involved in dropping a few coins into a spare change jar at the end of the day. All you have to do is fish all of the coins out of your pocket or purse and drop them into the jar, and go about the rest of your day. There’s really no effort involved, which is why it makes it such a great habit to get in to doing. You might not realize just how much money you can wind up saving if you do this, so give it a shot when you’re looking for ways to save a little more cash. If you keep the jar somewhere you will see it every day, you won’t forget to deposit your extra coins and loose change into it when you get home from a shopping trip, and then you won’t have to worry about all those coins rattling around in your purse or wallet at the end of the day.