[jumanhood]

Every time I received a $5 bill, whether it was the change from a purchase or everything, it went to the savings box. I started this habit long ago, and at the end of my first year doing it, I had $1,900 in my savings box. You don't have to save $5 like me, you could commit to saving every $1 you have or even every coin you have because it will always depend on each person's preference.

I simply do the same on my bank account, for example if I have $4637.98 on my bank account balance, those $7.98 are going to my savings account. This is what I've been doing to make my savings effective, because if I set a target for saving, I can never do it.

[oldbuddy]

I would have very little saved with that plan, because since I retired I very seldom go anywhere and order most of my purchases online. However, my wife does save the new quarters with different women on them and has all the presidents from a while back.

[nela13]

It is a strategy but I guess it wouldn't work for me, because if I put those 5€ in the pig bank I will need to go get some more in my bank account. We decided to put money in our savings account as soon as we receive our salary, it is automatic, for us it is better this way as we pay our bills and do our month expenses with the money that is left in our current account.

[vbludwig]

I can implement it because that's my method of saving, which I've been doing so far but sometimes I'll cheat because I need to use the money and I don't put it in my savings box.

[lunarblessing]

I used this bank account method, but I don't use the piggy bank because I rarely bring cash.

[darkuszerx]

I used this method back then, but it was only effective until I completed one target of savings and then after I reached that target, I didn't even save with this trick anymore. Maybe you can set the target as big as possible so you have sustainability in saving.

[dvanbasten]

I used this method back then, but it was only effective until I completed one target of savings and then after I reached that target, I didn't even save with this trick anymore. Maybe you can set the target as big as possible so you have sustainability in saving.

That makes sense because you will lack motivation to keep saving if you have achieved your target.

[misha]

i use to save in piggy bank but now saving bank is the best way to save money

[Yugocean]

Thats old method, and I changed this strategy long ago, I started saving in bank because there you get intrest.