It’s Day 10 of the March Spring Clean, and Day 3 of the personal finance week. Today’s action is very quick and easy, and remember that if you don’t have time to do a task every day then you’ll be able to catch up at the weekend.
As a quick reminder, don’t forget that our latest Tenner Week starts on the 15th of March. Meanwhile, on with the show…
Today we are going to start a coin jar. It’s up to you which type of coins you decide to save. For example, you could do what I’m doing this year, and saving every small coin: 1p, 2p and 5p pieces. They tend to clutter up my purse and get in the way a bit, so at the end of each week I’m just tipping them into some old jam jars. I’ve decided to spend them just before Christmas at a self-service till, and get some small festive treats, whether that’s a fancy bar of chocolate or a nice bottle of wine.
Or you could save a larger value coin every time you’re given one. For example, I know someone who puts £2 coins aside every time they’re given them in their change at the shops or the pub. This money builds up into quite a decent amount over the course of a few months, and the cash is used as guilt-free spending money during their annual summer holiday. Let’s just say it’s a whole lot of ice cream.
I know someone else who keeps an eye out for money on the pavement, and they add that to their penny jar whenever they see it. Apparently once you start looking for it, you can find quite a lot of dropped change, although I must confess that I’m not in the habit. Maybe I should be, who knows?
So, find a pot or a jar, decide which coins to save, and how often, and that’s it. Easy peasy.
If you’d like a full month-long Jump Start programme with lots of extra activities and resources – including a comprehensive Tenner Week – we’ve made one in ebook format that can be downloaded from Amazon. Find out more about the Jump Start 2013 ebook.