Pennies, Nickels and Dimes Can Be Your Best Friends
Never underestimate the value of a few cents here and a few cents there. I keep an old plastic peanut jar in my closet. Its job is to be the collection site of all the change that comes into the house. Sometimes, I add paper money to the jar as a “kicker.” At the end of the month, it’s tallied and deposited to savings (or to a mutual fund account)—anywhere from $50 to $150 gets added to the kitty. If I had kept those coins in my purse or pocket, it would have been spent. This way it becomes part of the savings plan. To me, it’s found money, a real bonus.
Click Follow to receive emails when this author adds content on Bublish