Back in January I started my sealed pot challenge that I learned about from SFT. The premise is to take a “pot” and seal it. I know complicated, right? I found an old coffee can and taped that bad boy up. I had thoughts of decorating it but well that fell off my radar a long time ago.
The purpose of the pot is to save all your change for a specific goal and time frame. Unsealing day is December 1, 2013. I am using my pot for Christmas presents. I am not sure that I can wait until December as the malls get busy the closer we get to Christmas.
When I was in school, I used to be finished all my shopping before Halloween. Those were the days.
As of today my pot looks like this.
Almost 8 lbs!!!
Now my debate is when do I open the pot. I am leaning towards sooner rather than later, as I have half a mind to roll the coins myself instead of taking it to the closest coin counting machine. Although now that I have put it out there it just seems crazy and time-consuming.
Any guesses as to how much will it contains?
Comments on: "Sealed pot update" (7)
That’s such a good idea – except I never use change! I know some banks will do this thing where it will put your change in a savings account to keep your checking account to a whole number (e.g. 100.25, put .25 in savings), but I don’t think mine does that
I may try this for all of 2014!
I am surprised that I managed to collect so many coins as I tend to use debit or credit more than actual cash.
I have an account where they will round up your purchases to the nearest $1 or $5 increment and put the difference into your savings. The bank I have it with counted each of the roundups as an additional transaction and since I had limited transactions this did not work out so well for me. 😦
Curious what country you are in – do you have dollar coins or pound coins? Here in Canada our loonies and toonies ($1 and $2 coins) add up fast!
I’m also in Canada so I think my sealed pot will net me a fortune!!
🙂
[…] am well within my sealed pot amount but once I hand out cash to my youngest sister and kids I will be over. Oh well. Having the […]
[…] year I throw my change into a “sealed pot” as a way of saving for Christmas. Usually I open and cash out in early December but as I did […]