This is my third year participating in the sealed pot. A great idea by SFT. Basic premise is to choose a “pot”, seal it and put all spare change in it for a defined period of time. I use it for Christmas spending. It really is phenomenal how much these bits and pieces add up to.
The first year I can’t remember what it all added up to. But last year’s pot weighed in at 8.8 lbs and turned into $445.37.
I didn’t really have high hopes for this year’s pot as it was a heavy plastic year for me. Or at least it felt like that. Yesterday I weighed my tin. And it was confirmed that it is significantly less than last year.
3.2 lbs less than last year.
Today I walked to the bank with my tin and dumped it into the coin counter. Final result is $310.30. No bad but not as good as last year.
The pot is now once again sealed and the $0.30 has been used to start it up again.
This exercise has definitely goto me thinking about really trying to make next year an all more cash year. But I have enjoyed the perks I get from my credit cards. So I will have to figure out a balance.
Now that I have a rough budget, I guess I really need to figure out my Christmas shopping.
Comments on: "Opening this year’s sealed pot" (3)
Wow, Sunny, do you put loonies and toonies in there? I have a coin jar but I only put in nickels and dimes. Last year it came out to about $50.
I put every coin I get into the “pot”. If I only have $5 and I buy something for less than $1, all the change goes to the pot.
[…] Last year’s netted me $310.30. 2013 $445.37 2012 $106 […]