The following information has no real value. I just found it to be an interesting way to save money. Since I just finally learned the results of my effort, I thought I would share.
At the end of each day, I take the spare change in my pocket and toss it in a jug. Nothing odd there. I know a lot of people that do the same thing. But when I emptied it (actually I made Carrie empty it) this week, I (she) found a dated note in the bottom that had the date the most recent iteration of the experiment started.
That’s when I recalled why I put the note there in the first place.
I make it a point to never use exact change when I spend cash. That way, every time I use cash, I have some amount of change left over. That’s what makes this interesting, at least to me. I never avoid having change left over. In any case, all of that change ended up in this experiment.
Date Range: 3/10/05 – 8/11/08
Coin collected: $867.42
For a while I had been lazy with singles from time to time. Putting them in my pocket and not my wallet. When I did that, that money too went in the bucket. This wasn’t something I did for very long. I must have been drunk one night too because I found a $50 in there when we cleaned it out. Who knows. The point of this was really the change, but if someone wanted to be more aggressive, I think the concept could be escalated to spare singles too.
So, in the end, my little experiment was simply based on the fact that I don’t pay any attention to the spare coin. I wanted to see what it could turn into over time if I actually could keep track of it. Luckily I left myself that note.
Like I said, it means nothing in the scheme of things. I just found it interesting that I have $800+ that I didn’t know I had, saved due to this approach. I’m sure some shrink could use this data and this abnormally long post to prove case and point that I am certifiable in addition to being cheap and easily amused.