I will admit it, I pay with cash for just about everything. So I always have change in my purse, which can make it heavy if I don’t take it out regularly.
Does this happen to you too? I try to take it out of my purse every couple of days. I keep a large vase in my kitchen to put it in near where I keep my purse, making it very handy! I’ve been keeping my spare change like this for years. I’m always amazed at how quickly it fills up and how much money is actually in the vase when I count it out!
I know how convenient it is to use plastic to pay for everything, I did it for years! I’m totally old school and a true believer in the envelope system for spending money. If you aren’t familiar with the envelope system, Dave Ramsey has excellent tips on how to budget and save money…one of which is, you don’t use credit cards if at all possible. That’s tough I know, but it is doable! His budgeting ideas are amazing! I also highly recommend his Financial Peace course.
As you can see, the vase is quite full and HEAVY with spare change! It’s time to start counting and rolling!
When my girls were young and they were learning about money and how to count it and save it, they used to love to help me do this. In my opinion, it is an excellent lesson in helping your children learn about the importance of using money wisely.
Plus it helps them to learn to count and how to recognize the different denominations of coins. They even had fun reading the years and finding the old coins! (I would wait to have your kids help with this if they are still really little).
You can get the coin roll sleeves from your bank or you can pick them up at a dollar store as well. That’s where I get mine.
I don’t use the coin machines in the grocery store to do this as I don’t want to pay a percentage to have this done. I usually do this while I’m watching TV or looking for something quiet to do. My bank has never had a problem with me turning in the rolled coin. I always walk away smiling when they hand over a decent chunk of “found” money!
Years ago, my girls and I would use this “found” money on vacation for snacks or treats on the trip and sometimes to pay the tolls. Nowadays I use it to buy fun stuff for my house or yard. I bought my hammock last summer with one rolled coin batch and then my patio table umbrella with the next batch! See what I mean? FUN and useful! Since this is “found” money, it doesn’t affect my budget!
It only took me about an hour to roll all of this and the pay off is…drumroll please…$90.50!
Yep, that was all in that vase! Amazing huh?! Plus there are partially filled rolls that I would estimate are probably close to $10 more just waiting for the next time.
So basically I just made $90 an hour to roll coin! Just think about the possibilities you could use this money for! Date night, taking the kids to the movies, special things for your home or yard, etc. The possibilities are limited only by your imagination!
Now get out there and start saving your change! Really, you won’t be sorry! Believe me, it’s totally worth it! Let me know if you already are doing this and what you use your “found” money for. I would also love to hear about it if you decide to start doing this!
I’m off to find something to use this money for…I have $90.50 burning a hole in my pocket!
Or maybe I will just save it! That’s always good too!
(I got more change at the store and was able to fill the quarter roll that was in the vase…so if you count what’s in the photo, there will be a $10 difference)! 😉