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Old 02-21-2005, 01:21 PM
baselle baselle is offline
$ Saving HS Senior
 
Join Date: Feb 2005
Location: Seattle
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Default Re: The Money Jar Trap - Why Many Lose Money With A Coin Jar

I realized that this was the case when I started my money jar.

I do these things to prevent it: add $1 when I can; go through the jar once a week with my wallet and make change for myself, which I then use for tip jars, etc (means I tip well once a week); when the jar gets to be above a certain amount - then I go to the bank and put it in savings without fail; my money jar is small, great for folded money, rotten for pennies; my money jar is at work (I know, a little dangerous!), so my tip jar solves the other nagging problem at work - the 1-5$ collection for "whatever". "Whatever" gets change; bad whateveres get pennies.

With online bill paying and stamp prices rising, buying stamps w/change isn't really a good solution for me.
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