How To Turn Small Change Into Big Cash

It never easy building up our savings account, but money that always seems to be building up is the loose change in your purse or wallet.
Compare Guru
2015-10-16
Those pesky cents that you almost never use to pay for anything, and seem to have no other use than weighing you down. But is there a way to turn change into riches?

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Keeping A Change Jar Yes, this does sound like something a nine-year old would do to save up for that toy that they really want. But you know, the kids usually gets their toys after enough saving, so why not try this for yourself? Keep a jar that you put all of your pocket change once your wallet starts getting full of the stuff. Once full, take the change to your nearest bank and make a direct deposit. It may take awhile, but after a few months you’ll start to see those savings building up, and after a year of doing this you will be well on your way to saving thousands that you had to do virtually no work for! Saving Your Small Change Teaches Savings Discipline Much of saving comes to down to have the right amount of discipline. The discipline to not spend impulsively, but rather save for the future. Saving small change can be seeing as the first stepping stone towards more disciplined savings techniques. If you have kids it’s also a great way to all save together, while teaching them about being savvy with money. It’s also a fantastic way to bond with your kids, and has the added bonus of making a few bucks while you’re at it. Go Looking For That Change. You’ll be surprised at just how much money you have laying around your house. Take a day and search between your couch cushions, under the couches and bed, in your drawers and in all the other nooks and crannies of your home. Search your car too. It won’t make you rich, but it may surprise you just how much money has slid from people’s pockets over the years. Take A Gamble! Okay, so this isn’t strictly speaking a savings technique, but you can have a lot of fun with it, and who knows, maybe you get lucky! Take all of that spare change down to the nearest casino, pick one of the games, and try your luck. You might walk out with nothing, but you would have at least had some fun. Or you could strike it lucky and hit the jackpot, and it all would have started with those few coins you found in the pocket of an old pair of pants!