If you empty your pockets or purse of change every day and set it aside, you might average about 42 cents a day or $105 per year.  We make a habit of doing this.  The change goes into a bowl on the top of the refrigerator.  Out of sight and out of mind we never miss it.

It is estimated that there is over $10 billion dollars in loose change sitting in homes and cars across America not earning any interest?  That is approximately $99 of loose change per family. 

Once every 4 or 5 months we have a coin rolling party to sort and count the spoils.  In our case, we are saving for our granddaughter.  It all goes into her savings account along with the money we get from returning deposit bottles and cans.  This motivates us to make the returns and manage our money.  It’s all for our granddaughter.

Set up your own savings fund.  Use the change to save for a special event or special purchase.  You’ll never miss the change and after all it’s for whatever good cause you want.

Saving small change is a good way to learn the lesson of how quickly small amounts can add up.  This can help you become more aware of how you spend your money. 

A dollar or two here and there may not seem like much but over time it can amount to hundreds of dollars per year.  Five dollars a week invested at 6% annual interest for 20 years equals $10,074 with almost half of that being interest.  You’ll be at $1,500 in just 5 years.  It all adds up.

Here are 35 more great ways to save money.