I hate pocket change. I do not pay for anything with coins. My wife and I only use dollar bills when we make purchases. We keep any change that we do get and put it in a piggybank for our children. It’s a great way to save when you think that you cannot spare another penny. After a year of saving pocket change, we usually have saved over $500 which we then roll and deposit in a bank account for our kids.
So, I figure that if this idea has worked so well with coins, would it work with dollar bills too? So, for the next month, I am going to save every $1 bill that I come across. I’m not going to spend a single one. Every cash purchase I make, I will set aside the one dollar bills that I receive as change and save them. I want to see if I feel the extra money that will be missing from my wallet when I save them. I want to find out if this could be a good sneaky way to save even more money without even realizing.
So, stay tuned. I will keep everyone up-to-date on my progress and keep a running tally of how much I have been able to save on the side bar of the blog. Just look for the Mason Jar picture and the grand total. I will also post an update on November 30th to recap how this experiment went and how “painful” it was. Wish me luck!