2010 Christmas savings challenge

Just wondering of anyone wants to join me.

Every year after Christmas we buy a new money tin, one of those ones that you have to open with a can opener, and we put money in throughout the year to help out at Christmas time. We've done it for the past 5 years and it usually covers all the groceries for the Christmas period or for us to go away or whatever.

We used to put loose change in each week but half way through 2009 we started putting $5 notes in. So every time we got a $5 note it couldn't be spent and it would go straight in the tin. We had $367 in the tin when we opened it and that was after being very slack and not taking our money out in cash every time. This year we're continuing the $5 note thing and aiming to get $1000.

Anyone want to join in and see who has the most by mid December? I know Aliasmum has got a tin started already.

I think this is a great idea too, and I think I'll make a point of taking cash out when I go to the supermarket so I can put that in as we're mostly an eftpos family. I bet we'll hardly notice the missing money and it will be nice to have it at the end of the year!

yep i,ll join ya

Mmmm might give this a go to....note to self to get a tin while out tomorrow!!

I would like to do it, but don't think I can. We have a coin jar that I use for school things like trips, BBQ days, fund raising & they have a lot of them

I am going to do Bonus Bonds again this year, I won $40 worth last year. We are planning a weekend away in oz me & DH, so want to save for that.

Also doing xmas club at PNS.

ill do it dont use cash though but evey bit helps im also doing the pak n save xmas club for the 3rd year now last year i won a XT mobile with them hehe. sounds like a great idea

I'm in too? Ditto, where did you get tin from?

Yep The Warehouse or the $2 shop type places have them. If you're doing $5 notes you'll need a larger size one as it gets hard to stuff them in after a while. It's an addiction, there a few people in our family doing this now and we've become quite competitive about it. I spent one $5 in the 6 months we did this last year And that was when we bought Harper's carseat so I didn't feel too guilty about. I get quite upset though when I go to a store and get coins back instead of a $5 note, really doesn't please me at all.

I have $81 in my tin already . We won $61 in last weeks lotto and
any little wins like that go in the tin also.

Harper also has a piggy bank and all 50c pieces go in there or anything I find lying around the bottom of my handbag orfloor of the car. He'll be rich by the time he's 5, two bank accounts and bonus bonds. Might hit him up to shout me a massage.

Great idea You could earn interest on it too if you put it in a high interest earning account every few months

I have $121 in my tin so far.

I don't put mine in the bank coz I like the excitement of opening the tin after I put the tree up. Will eventually lose track of how much I've put in there.

Don't know why I love my tin so much, it's actually an addiction. I'm not a smart saver or shopper type person at all bit for some reason this has become a tradition.

I actually found my 2008 tin just before this Christmas. I had taken the notes out and put it in a hidey place with all the coins in it. Had $70 exactly in there. Bonus!