Comments on: Spare Change and Snowflaking: A Way to Boost Your Emergency Fund http://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#utm_source=rss&utm_medium=rss&utm_campaign=spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund A personal finance blog teaching you how to live debt free and use credit wisely. Fri, 10 Feb 2012 15:18:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tiersahttp://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1306 Tiersa Mon, 23 Jun 2008 19:47:35 +0000 http://www.nodebtplan.net/?p=261#comment-1306 I love this article and I LOVE loose change. We use our "Freedom Fund" jar to pay off our debt (80%) and the remaining 20% goes into our Freedom Fund that is right now in a 5% savings account. Some months we get quite a bit, others, like you've said, not so much when you don't use cash all the time. But I find a penny on the ground and it goes in. We walk the dog and bring home cans in a bag... 5, 10, 15 cents. Any "unexpected" funds go in. I recently found $12 in quarters in a box. Crazy I know. In the last month alone, just by putting in 20% our Freedom Fund has increased by $67.39. One month. Imagine what we can do over the next year! I love this article and I LOVE loose change. We use our “Freedom Fund” jar to pay off our debt (80%) and the remaining 20% goes into our Freedom Fund that is right now in a 5% savings account. Some months we get quite a bit, others, like you’ve said, not so much when you don’t use cash all the time. But I find a penny on the ground and it goes in. We walk the dog and bring home cans in a bag… 5, 10, 15 cents. Any “unexpected” funds go in. I recently found $12 in quarters in a box. Crazy I know. In the last month alone, just by putting in 20% our Freedom Fund has increased by $67.39. One month. Imagine what we can do over the next year!

]]> By: sarahhttp://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1298 sarah Mon, 23 Jun 2008 03:54:55 +0000 http://www.nodebtplan.net/?p=261#comment-1298 Great idea...however, my bank actually prefers that you DON'T roll the change yourself. They have a machine that counts it automatically to eliminate human error. Makes it super easy to cash in (just like a Coinstar, only free!). Great idea…however, my bank actually prefers that you DON’T roll the change yourself. They have a machine that counts it automatically to eliminate human error. Makes it super easy to cash in (just like a Coinstar, only free!).

]]> By: Sunday Morning Link Love - The Colonoscopy Edition | I've Paid For This Twice Already...http://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1290 Sunday Morning Link Love - The Colonoscopy Edition | I've Paid For This Twice Already... Sun, 22 Jun 2008 14:20:33 +0000 http://www.nodebtplan.net/?p=261#comment-1290 [...] Debt Plan:  Spare Change and Snowflaking - A Way To Boost Your Emergency Fund.    This is a cute story, and we have a little change hanging around too that I should gather up [...] [...] Debt Plan:  Spare Change and Snowflaking – A Way To Boost Your Emergency Fund.    This is a cute story, and we have a little change hanging around too that I should gather up [...]

]]> By: Sunday Morning Link Love - The Colonoscopy Edition | I've Paid For This Twice Already...http://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1291 Sunday Morning Link Love - The Colonoscopy Edition | I've Paid For This Twice Already... Sun, 22 Jun 2008 14:20:33 +0000 http://www.nodebtplan.net/?p=261#comment-1291 [...] Debt Plan:  Spare Change and Snowflaking - A Way To Boost Your Emergency Fund.    This is a cute story, and we have a little change hanging around too that I should gather up [...] [...] Debt Plan:  Spare Change and Snowflaking – A Way To Boost Your Emergency Fund.    This is a cute story, and we have a little change hanging around too that I should gather up [...]

]]> By: Carnival of Personal Finance #157: Third Anniversary Edition - Consumerism Commentary: A Personal Finance Bloghttp://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1205 Carnival of Personal Finance #157: Third Anniversary Edition - Consumerism Commentary: A Personal Finance Blog Mon, 16 Jun 2008 13:05:52 +0000 http://www.nodebtplan.net/?p=261#comment-1205 [...] from No Debt Plan presents Spare Change and Snowflaking: A Way to Boost Your Emergency Fund, and says, “Even the small stuff [...] [...] from No Debt Plan presents Spare Change and Snowflaking: A Way to Boost Your Emergency Fund, and says, “Even the small stuff [...]

]]> By: Philiphttp://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1184 Philip Sun, 15 Jun 2008 01:08:55 +0000 http://www.nodebtplan.net/?p=261#comment-1184 Another one in the camp that used to have it add up. I use a big water jug (5 gallon I think) I had it filled half way and needed some money bad one day. Took it to the bank and had about $400 in it. Now with my credit card I try my best not to use cash, and when I do it is usually to someone else not a store and do not get any change outside of bills. I doubt that I would try to get to a bank at the point of $10 though, I hate going to the bank. Didn't you have a post about wondering why people actually go to banks anymore? Another one in the camp that used to have it add up. I use a big water jug (5 gallon I think) I had it filled half way and needed some money bad one day. Took it to the bank and had about $400 in it. Now with my credit card I try my best not to use cash, and when I do it is usually to someone else not a store and do not get any change outside of bills.

I doubt that I would try to get to a bank at the point of $10 though, I hate going to the bank. Didn’t you have a post about wondering why people actually go to banks anymore?

]]> By: kleinhttp://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1160 klein Thu, 12 Jun 2008 21:01:34 +0000 http://www.nodebtplan.net/?p=261#comment-1160 I love my loose change. I wish I had more of it! I almost always use my debit card, so I hardly ever have cash to break. I use my loose change as pure fun money. The last time I took it to the Coinstar machine nearby and bought an Amazon gift certificate with it. I thought, MAYBE, there was $25 in there, but it turned out to be more like $65!! That's 6 books or 65 mp3 downloads, or 3 DVD's! From my spare change. I love my loose change. I wish I had more of it! I almost always use my debit card, so I hardly ever have cash to break.

I use my loose change as pure fun money. The last time I took it to the Coinstar machine nearby and bought an Amazon gift certificate with it. I thought, MAYBE, there was $25 in there, but it turned out to be more like $65!! That’s 6 books or 65 mp3 downloads, or 3 DVD’s! From my spare change.

]]> By: Rickyhttp://www.nodebtplan.net/2008/06/11/spare-change-and-snowflaking-a-way-to-boost-your-emergency-fund/#comment-1140 Ricky Wed, 11 Jun 2008 16:34:23 +0000 http://www.nodebtplan.net/?p=261#comment-1140 I don't think I get quite as excited about finding spare change as you do, but I can attest to the fact that it does add up. My dad is the worst about not spending change. Everytime he makes a purchase he pays with paper money and puts the change in his pocket. At the end of the day he puts the change into one of his dresser drawers and the cycle repeats everyday. The drawer is full of nothing but change, and it is about 3 inches deep across the entire drawer! I am not sure why he does it, maybe it is his retirement. Not really, but there is a lot of money in there! When my wife and I told my parents that we were expecting a baby, my dad gave us a gift. It is a small decorative jar with the words "Baby Fund" on the front of. My dad had filled it with change from his drawer. The jar is about the size of a cantalope so filling didn't even put a dent in his supply. We counted our bounty and it was over $82.00! This will certainly be applied to upcoming baby expenses. Change may seem insignifcant, but it can defintely add up over time. I don’t think I get quite as excited about finding spare change as you do, but I can attest to the fact that it does add up. My dad is the worst about not spending change. Everytime he makes a purchase he pays with paper money and puts the change in his pocket. At the end of the day he puts the change into one of his dresser drawers and the cycle repeats everyday. The drawer is full of nothing but change, and it is about 3 inches deep across the entire drawer! I am not sure why he does it, maybe it is his retirement. Not really, but there is a lot of money in there! When my wife and I told my parents that we were expecting a baby, my dad gave us a gift. It is a small decorative jar with the words “Baby Fund” on the front of. My dad had filled it with change from his drawer. The jar is about the size of a cantalope so filling didn’t even put a dent in his supply. We counted our bounty and it was over $82.00! This will certainly be applied to upcoming baby expenses. Change may seem insignifcant, but it can defintely add up over time.

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