Here a penny, there a penny: Saving for the holidays

I love change.  Let me clarify…. The coin kind of change. Those lovely shiny circles that jingle in the bottom of my purse, and weigh down my pockets. That’s just one of the beautiful bonuses to using cash to pay for my purchases. I get LOTS of coinage.

I know many of you would prefer to not have anything to do with change, but I love it. When I have some extra dollar bills, I’ll actually exchange them at my bank for a roll of dimes or quarters. Why, you ask? Well, for me, there’s a lot less temptation to spend it. I’m not real likely to carry a canning jar full of change in my purse because I feel like it. Hey, I’m still human. I’m not immune to the impulse buy unfortunately.

Did you know a full quart canning jar of quarters is $158? It really is! I haven’t filled up a jar of dimes, nickels or pennies yet, but I’ll let you know when I find out!  I’m hoping a jar of dimes will be around $500.  How awesome would that be?! The best part about my “piggy bank” jars to me, is that it’s so exciting to watch them fill up. I took four jars and etched them for the different coins. I’m a craftsy person. I liked the idea. I think they look pretty cool. Yes, I have four jars. I’m a bit OCD… they NEED to be separated!

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First and foremost I use these coins for Christmas presents. It may be May but it IS NOT too early to start thinking about your holiday shopping planning. Would you rather fork out hundreds in November and December, or save a little cash all year long? The majority of the country goes deep into debt because of the holidays. I absolutely refuse to let that happen. Think about it… set aside $50/month for 12 months, and you have $600 in December. That’s $12.50 per week… That’s practically one espresso and one fast food lunch.  Start this month and you’ll have $350 by December.  Save $100/month starting now and have $800! Utilizing a spending freeze could be quite beneficial here. (Hint hint 😉) Obviously, you don’t have to wait until Christmas to purchase your gifts. If you find a great deal, by all means, get it! It’s all about SAVING and DISCOUNTS right? Some opportunities are too good to pass up! But ABSOLUTELY set a budget and have a plan.

You should already know what the people on your list want or need. Think about having 6 months to find those perfect gifts instead of weeks or days. See? Planning not only will save you time later on, but added stress. Maybe you’ll actually enjoy the holidays instead of feeling weighed down by it. Granted, some last minute emergency present is bound to rear its ugly head. It always does. Not only should you expect it, you should (hopefully) have a little money leftover to use for said gift. Remember your self control. What’s left over should be put in your fund for next year.

That, my friends, is how I fund my Christmas every year. Make your change work for you!

 

 

 

 

 

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