It’s almost Lucky Penny Day! Here are 3 savings tips that make total cents
Heads up! Tomorrow is Lucky Penny Day. Yup, the penny gets its own day on May 23 (and it’s a much more humble holiday than “Be a Millionaire Day,” which–in case you missed it because you were, oh, at work!–was May 20).
In honor of the penny’s special day, we’re rounding up a few easy ways you can penny pinch.
This little piggy went to the bank
A penny saved is a penny earned! Don’t let the couch pillows gobble up all of your loose change. Toss your coins into a piggy bank and vow not to crack into it for a set amount of time. Get the whole family involved and share your savings goals with one another to stay accountable. Maybe you’re saving for a weekend getaway, sporting event or a mini makeover for a room in your home. You’ll be amazed at how much you’ve got accumulated in, say, a year.
We love this piggy bank- dubbed the Porkfolio–because it wirelessly connects to the Wink app on your phone so you can track your balance and set up financial goals. It’s little nose lights up every time you drop a coin in its belly. This piggy can hold up to $100 worth of quarters.
Savings tip: When you’re ready to cash in your coins, head to your local bank or credit union as most don’t charge fees for trading in change. No longer do you have to roll all of your coins as most banking institutions have automated change-counting machines. If you use a coin machine at the grocery store, you’ll end up paying interest up to 10 percent. Quirky Portfolio smart piggy bank, $31.47, walmart.com
Entertain these savings
From patio dining to trips to the local amusement parks, there’s plenty of fun to be had in the summer. The Entertainment Book is a great way to save on all of your summer adventures. Filled with coupons to your favorite restaurants and entertainment venues, the coupon book is packed with two-for-one deals; discounts up to 50 percent off; coupons and other great deals that are unique to your region. Double dip on savings with 17 percent Cash Back from ShopAtHome.com. Entertainment Book, prices vary.
Spice it up
Put your grocery bill on a budget! One easy way to save: When a recipe calls for a spice that you rarely use, instead of buying a jar of it at the grocery store (some spices can get super expensive!), buy just what you need at a local spice shop. We love these colorful spice jars made out of bamboo that are perfect for stashing spices. Another tip? Plant your own herbs. You can get an entire basil plant for less than what it costs you to buy the individually packaged leaves in the produce aisle. Small bamboo jar, $6.99, containerstore.com