Maybe back in the day, but pennies don’t get you much nowadays! We all know how quickly we can spend money when we have cash (I frequently have “how did I spend the entire $20 bill already?!” moments). I’m a pretty frugal person (thanks grandparents for teaching me that), I don’t often spend money on myself, have clothes that are years and years old that are still in great shape, love thrift shops, and hate shopping. All of that has allowed me to save money for a rainy day. That rainy day came around at the end of November when I became unemployed. I still had a small credit card bill, my cell phone and student loans, not to mention car insurance and gas.
I’ve been job searching like crazy since then (seriously, it’s getting super frustrating by now, since I’ve been applying like no other with not much coming back to me. I’ve had a few interviews, but they haven’t lead to anything). I’m not eligible for unemployment, so I’m trying to spend as little as possible until I have an income. I saw a cute little DIY jar on Pinterest (naturally) and read a corresponding article of a couple who were saving for their wedding. Anytime they were shopping and spent cash, if their change back included a $5 bill, they put it in a jar and didn’t spend it. They did this for a year and a half and when they counted it out, they had saved a few thousand dollars in five dollar bills! I can’t for the life of my find that article again, but there are other good ones on the internet.
The whole unemployed/spend as little/save much plan isn’t flawless, but any $5 bills that I get back in change (or that are gifted to me as balato by my Lola or aunties when I play BINGO with them!), I put them in an old jar I’ve had for years and sparingly threw change in. I started it in mid-January (had to take 2.5 weeks off since I was in Texas on vacation), so 2 weeks in January and a week back from Texas and I’ve already saved $25!
I’m hoping to keep this going all year and use it for a vacation/running registration fund.