For every five- and 10-peso coin I got as change, I put it inside our bamboo coin bank. After months of religiously saving coins, this mother was able to accumulate P4,000.00
I have been practicing this for years and every year, I put my savings in the bank. This time though, this mother thought of using the money to buy the boys’ school needs such as socks, handkerchiefs, sando, and even school shoes.
I know the money we have saved will not be enough for all the things we want to buy but at least its a substantial addition.
The kids may not see the value of saving these coins but I hope they would be impressed to realize that they will be having new shoes and socks from accumulated coins we sometimes take for granted. And if we didn’t save these coins, they would have ended up in sari-sari stores in exchange for candies and chips.
Perhaps the start of 2016 is the right time to start this kind of practice. After all, I could see most people still very much inspired and well, very driven.
So got that five- and 10-peso coin? Put them instead inside a jar or any plastic container. You will gain a completely different perspective on how to treat those coins once you open the jar after a year or a few months. And it might surprise you. Though it may seem logical to indeed accumulate money if you save, surprises lie in the way how you spend or use them.
Happy saving!
Love it! We have this practice too! But i let the kids do the saving in their alkansya. This year they save 8k plus (combined with their napamaskuhan) and we are so happy hehe. I want them to value work with dignity. Na lahat ng gusto mo ay hindi mo makukuha sa puro hingi lang. Everyone should work hard if they really want something.
Yes. I hope our kids will understand what we want them to learn from this practice. It’s for them after all. Happy saving and i hope we will be able to save more this 2016!
Oh, good idea! First time I’ve heard of this actually. It’s usually the 1 peso that we put in the piggy bank. Will try this out, too! 🙂
Thanks. And you will be surprised by how much you’ve saved in the end. Happy saving.
A friend also recommended this and my husband does this at work. I’ll try this too.
Hooray to savings! Ihihi.
Ang daming coins! I usually save our coins to use for the welcoming of the New Year 🙂
Haha. We used to welcome the year with coins too when my mom and her siblings’ families gather together. But now that our grandparents died na, minsan na Lang family reunion 🙁
I should go back to doing this. I recently taught my four-year-old son to do this. Might as well join him too.
yes, the start of the year is a good motivation. good luck!
i just started investing in iutf (tama ba my abbreviation :P) this year, its like a savings account that has an autosave feature where part of it gets transferred to a trust/stocks 🙂
Iutf are the greatest invention. Hahaha. Mine is with Bdo.
I used to do that too — put all the P5 into a large coin bank 😀
🙂 now is the time to do it again.
Congrats! Haven’t tried this challenge but now is the perfect time to start. Happy New Year!
Happy new year to you, too. Yes to saving!!!!
I actually save what is lying around the house bills and coins alike.My husband’s usually surprised how much is saved with this tip 🙂 Saving is actually much more fun than spending hehe
Hihihi. Yes, a part of the savings came from those abandoned coins I could see anywhere in the house. I also find saving fun and enjoyable.
We also have the same practice at home although last year it’s just any coin. 🙂 This year we are employing the 5 and 10 peso rule. 🙂
Haha. Happy saving to us !
Haha what a good idea! I’m actually planning something similar din ^^ Thanks for sharing!
You are welcome. Happy saving!
My dad is teaching my daughter how to save money. Her gave her very first coin bank!
Xoxo
MrsMartinez
Aww. So sweet of your dad. How I wish my dad is here as well for my boys. 🙂
Woah ang dami! This inspires me to save my loose change and not disregard them.
Haha. Yes, those loose change when saved can indeed buy something useful.
I used to do this too every year before I got married. Then I used the coins I save to buy Christmas gifts :)) Right now, my eldest is tasked to save all the coins she sees 🙂
Haha. So cute of her.
We are also doing this, ours is in an emptied big baby powder container.. And it helps a lot esp in times of crisis. 🙂 🙂 🙂
Haha. I can so relate with the “in times of crisis.” Ihihi.
My daughter got her own piggy bank too for all the coins we get. She gets excited each time somebody gives her coins.
god job to the little girl. And to you too mommy for encouraging her.
Pati sa barya organized ka. I really want my future kid to be like you when she grows up. Hahaha!
Mga coins ko super dami. Pinapambili ng brandy ni Rchy sa tindahan. Pampatulog daw.
Hahaha. Now is the time to ask Rchy ibalik ang coins at ipambili NATIN ng cake at ice cream, pasta, chicken, barbecue, etc etc. hahaha.
At pansin Ko ha, future KID Lang Talaga at she pa.
Haha e baka maging becky sya if he sya tapos ikaw na super woman ang idol nya.
Oo isa lang. Suntok sa buwan haha.
Matutuwa si maam ofie at sir Marcelo nito. May malalaro na silang girl sa Bahay.
I totally agree that you can save a lot by just saving your coins. Nakakatuwa to count it up and realize that you have a little bit of extra money for treats or to pay for the bills.
Yes. The boys didn’t complain counting them. They were all excited and even more excited when we use them to buy their own needs.