An empty pickle jar could be all you need to kick-start your spare change savings habit. Put the jar in the kitchen with a tempting label on it. Something like, ‘Feed me’. ‘If you fear change, leave it here’. ‘Summer holiday spending money.’ You get the idea.
Try to get into the habit of emptying out your wallet or purse every time you pass the jar. Or, set up a routine where the jar’s right next to where you dump your keys and wallet after work. Hey presto, coins go in! You’ll be surprised at how quickly they pile up, and you’ll also get a little addicted to that satisfying plink when you drop another coin into the collection.
To fast-track your savings and make things a little more interesting, you could add a ‘note rule’. That is, every time your wallet has a note of a certain colour (start easy, with a pink $5 note), then it goes in the jar, too. Seeing some banknotes floating around in a sea of coinage is sure to make you feel like you’re doing something right in the savings department.
Adding money to a jar is an easy, effortless way to save. In fact, the hardest part is counting it all up at the end. To make it a little more interesting, you could turn it into a guessing game with your partner. When your jar fills up, you could lug it to the bank and ask the friendly teller to deposit the money into your savings account, which you’ve already set up. Then, start all over again.