Organizing your change can help lighten your purse or pockets. It also can help you save money. This is a guide about organizing spare change.
We have a change jar sitting on the desk. When anyone finds change, of course they put it in the jar. After it gets about half full, our 12 year old daughter sorts it and puts it in gallon jars that are out of sight (Out of sight-Out of mind) It is growing rather fast. It will eventually go to a special trip for her when she turns 13.
By dbailey from Arkansas
If you convert your change to dollars as you go, it will save you a trip to the bank with 100 lbs of change. Look in your wallet. Do you have a five dollar bill? Take out five dollars of cgange and spend that and put the bill in the jar. Keep doing that until you have five twenties in the jar. Then put a 100 dollar bill in. It is a lot more fun than stacking pennies.
The change jar idea is solid but do be aware that it's a temptation. My older sister raided mine regularly when we were kids, no matter where I hid it. (I knew when she did it because I counted it periodically.) I also have an uncle who's been known to help himself to the change jar left to collect family change, wouldn't want your child deprived because of someone else.
I use my empty prescription bottles for organizing change. The smallest bottle I get is exactly right for holding $10 worth of quarters. I haven't taken the time to count change into other sizes, but when I do, I'll be marking the lid with a Black Sharpie pen.
This isn't a very good solution for those people who end up with lots of change, unless you have many bottles to fill. But I don't get that much change these days, since I use a Debit or Credit card for almost everything I buy. Hope this helps someone though.
By Pookarina from Boca Raton, FL
LOL! My stepdad did this too. When he passed away, I helped sort out his things & we found pill bottles all over his room & in his dresser filled with change!
To organize your quarters for the laundromat, try putting them in empty "Airborne" plastic containers. Many quarters fit perfectly in the containers without moving around.
I save loose change ALL year. At the end of November or first week of December, I roll the change or take it to the change counter. I use this money for my husband's Christmas gift. There was enough change for a Henry Rifle last year.
As the treasurer for a small community group, I often have to carry heavy bags of coins to the bank. To lighten my load, I take the coins to my workplace - a pizza store - and exchange them for notes.
What to do with all that unwanted change in coins? You don't want to ever count it. I keep 4 plastic containers in my kitchen drawer now (for quarters, dimes, nickels and pennies).
I found four piggy banks, each one different, and put them on my night stand. Before going to bed, I get out my change from the day and place the change in the bank just for that coin.
You can make little shallow containers for collecting pocket change or other small things, such as bobby pins or paperclips by re-using the colorful bottom trays some candy comes with or using the bottom of a candy box.
Tips for organizing your coins. Post your ideas.
i got one of the huge containers that you get snacks in from the local buy bulk store cleaned it up put fabric around it and shinny tape on top and trained dh to put his change in it
I keep a small piggy bank from the dollar store on my desk. Every day I put all my change into it, along with any $1 bills. On the first of the month, I also put a $20 bill into it. When it gets full, I dump it all into a large ceramic vase that I keep behind the entertainment center, out of sight, out of mind. Twice a year I take the large vase and deposit everything into a savings account. I shred all the withdrawal slips, and keep the deposit slips in the vase.
One of the easiest things to do is throw your daily change into a large bowl/container of some sort. But the problem is you have to sort it when you're ready. To fix that problem, buy a coin sorter and either get the rollers in the tube already shaped or free from the bank. Every night empty pocket change and its already sorted. When each tube gets full, its ready to roll. Lots easier. Over a years time I've saved about $1000 in loose change.
I have two jars to hold my change, and they're each painted differently.
One is for small change, and the other is for big change. Paper money just sits in my wallet. Whenever I need change, its easy to take out because its already sorted, and you don't have to dig around for what you need!
A great way to save! I take a large container, any type will do. I cut a hole in the top about the size of a quarter and super glue the top on. What goes in the container, stays in the container. I put my pocket change in this container all year. I also might put in money from rebates, part of any mad money I come across. Sometimes, I just make a small donation. My husband contributes as well. We cut open the container once a year and take a small holiday. We usually have between $300 - $500 saved. One year we had $1500 and treated ourselves to a trip to Atlantic City. You could use this for a Christmas fund or whatever.
By Jayne from Bristow, VA
Spare Change Adds Up
Actually this is very simple but has really helped me with finances. I have a large jar that animal cookies came in. Over the past several years I have kept change in it. Every year on New Year's Eve I roll all of my change and then it goes into my savings account. I have saved anywhere from $150 to $250 in a year. In the last two years I have saved enough money to buy a new couch. Not too bad for spare change. It really does add up.
By Tonya from Tyler, Texas
Saving for Spring Break
I use a big water jug and I got it to the top and got enough money for a spring break trip. $950 in change was incredible and it only took one college semester :)
I used to do this same thing, then I got thinking. Why should I leave my money in the container all year, when I could put it in the bank and get interest on it. Now, I deposit it every month, and collect interest as well--it's not much, but it is free money. The only danger, is that you have to be disciplined enough to not touch the cash you are saving. It's just amazing how fast that change adds up. (01/31/2006)
This is a great idea. What I do, besides throwing change in there, is to save my $10 bills. It's fun when I get a ten. I'm like, "Oh, boy! A ten for my savings jar!" I'm also starting a $5 puppy fund for puppy supplies, since I plan to add yet another fur baby to my menagerie.
Dollar stores occasionally have cute "piggy Banks". The current one in use is a while elephant so it doubles for a pun; "just what I need, another white elephant!" Anyhow, these banks filled with spare change make great book ends, heavy enough to keep a row of books in line! Since I shelve books by category (ie cookbooks, novels, non-fiction, etc), these "bank ends" make dandy dividers. As for investment, I figure maybe some day some of those coins may go to a coin collector who'll pay a bit more for a rare coin. (Some of the banks are going on thirty years.) (02/06/2006)