Saving up for a specific goal can be a challenge. A good way to save up for something specific is to have a jar dedicated to one thing. Whether it’s a trip to Paris, a new phone or new shoes, decorating a jar with a goal, and putting it in a visible place is a constant reminder to keep saving.
The extra change
Change makes any wallet, purse, or coat pocket heavy, and can sometimes seem worthless. However, a few dimes, nickels, and quarters a day can end up being a significant amount of money over time. Keeping a jar to keep the extra coins from the day can help you save overtime without even realizing.
Credit and debit card rounding
Did you know you can round your purchases to an even dollar and put the extra change into a savings account? Every time a transaction comes out to an odd cents amount, which happens often, rounding it up will usually not make much difference. For example, the Friday night meal that costs $13.70 is like spending $14.00, so put the extra $0.30 into savings.
Bad habit collection
We all have bad habits we are trying to quit. The best way to stick to a goal of breaking a bad habit is knowing that if you quit, you’ll have to pay, literally! If every time you missed the gym, skipped a study day, or didn’t stick to any goal you set for yourself, drop a dollar or a few coins into a jar. Not only is it growing your savings, but it’s a helpful way to kill those bad habits!