Everyone knows that saving money is a good idea, the difficulty comes in when we actually need to do it. Saving change is one of the simplest ways to save money without feeling like you took a significant chunk out of your budget or spending money. Although many people have started saving their coins, it is very tempting to see that pile of coins in the bedroom or coffee can and grab a handful for a pop, toll roads, or other expense. While this simple gesture may seem insignificant at the time, those small withdrawals from your savings really add up. Here is a simple way to solve this problem.
Remember the days of the glass piggy banks that had a hole for the coins, but not much room to get the money out? This idea works on the same principle. Keep those hands out of the change and your money will keep growing and add up for that rainy day, vacation fund, or college. This inexpensive bank will keep your money where it belongs.
To make your bank, purchase a can of juice in the large size. To avoid wasting any money, be certain to select a product that you will use around the house. For instance, V8 comes in a large can perfect for this project. Drink the v8 juice, use it in chili, or make some delicious soup, then save the can to make your bank.
You must be careful when opening the can of juice. Do not simply stick the can into the can opener and use the product as usual. To make the bank with the desired effect, you must open the can in a special way. The goal is to open the can enough to pour out the contents and rinse out the can, but the size of the opening is important.
Make the opening in the can just large enough to place coins or bills into the can. You can have the slot in the center of the lid or along the side, but do not leave a hole large enough to let hands down inside the container. You can use a can opener, church key opener, or other method to make the hole. How you create the opening is not as important as the size of the opening.
As mentioned above, pour out the contents of the can and rinse it thoroughly. Allow the can time to dry before using it as a bank. Be careful on any sharp edges of the can.
If you want to get creative, you can decorate your bank or label it with reasons for saving. You may want to decide to put only silver coins in the bank instead of pennies because the total adds up faster. You can even slip a couple of dollars or other bills into your bank. This will increase your savings dramatically. With the smaller opening, you will not be able to dip into the savings for some change.
To get the money out on that big day, simply open the can in the usual way with the can opener. Your valued savings will be inside for you to deposit into the bank or spend on vacation. You will be truly amazed at how much money you were able to save when you stop making those tiny withdrawals.