Skip Nav
Game of Thrones
What Is the Net Worth of the Game of Thrones Cast?
Career
3 Invaluable Lessons I Learned From Working at Kate Spade Right Out of College
Money
Settling the Confusion Between 401(k), IRA, and Roth IRA Accounts — Once and For All

Savings Jar Tips

A Simple Way to Save: the $5 Savings Jar

This is a twist on the ol' change jar, but it works just as well. The concept behind a savings jar is simple but effective — you mindlessly drop cash into a jar and before you know it, you'll have a good amount of money that you can chuck into a savings account or retirement account. But if you replace loose change with $5 bills, you'll be able to accumulate money more quickly.

All you need to do is find a big fat jar and whenever you find yourself with a $5 bill, you should do your best not to spend it. Instead, immediately put those bills in your jar once you get home. Of course, this might be best for people who tend to use a lot of cash. For those who choose to pay for purchases with cards, you might not find your savings growing as quickly as you'd like. Do you have other savings tricks to share?

Image Source: POPSUGAR Photography / Hilary White
Join The Conversation
Emily-Co Emily-Co 5 years
Oo, that's a clever trick!
cynthiasolc cynthiasolc 5 years
If you're thinking of buying something online but find that it's not a "necessity", then don't buy it but instead transfer that same amount from your checking to your savings.
Easy Ways to Make Money
Harry Potter World Employee Secrets
Folded Notes From High School by Matt Boren
The Most Efficient Way of Saving Money
From Our Partners
Latest Career & Finance
All the Latest From Ryan Reynolds