Comments on: Cool Money Tricks http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/ personal finance that makes cents Mon, 08 Sep 2008 00:41:33 +0000 http://wordpress.org/?v=2.5.1 By: Anne http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-116719 Anne Mon, 11 Feb 2008 01:54:49 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-116719 Adam, actually Coinstar does not charge any fees if you choose to put your change on a gift certificate rather than grabbing the cash. I get myself Amazon gift cards with the small amount of change I do happen to rack up over the year (minus the quarters, I need those for laundry). Adam, actually Coinstar does not charge any fees if you choose to put your change on a gift certificate rather than grabbing the cash. I get myself Amazon gift cards with the small amount of change I do happen to rack up over the year (minus the quarters, I need those for laundry).

]]> By: Adam http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-109975 Adam Sat, 29 Dec 2007 22:00:22 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-109975 "It usualy comes up to around $100 once a year." And $10 for Coinstar. “It usualy comes up to around $100 once a year.”

And $10 for Coinstar.

]]> By: Fox Cutter http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82790 Fox Cutter Mon, 02 Apr 2007 16:45:50 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82790 Personaly I never spent my change, I just let it grow in my pocket and put it in a piggy bank at the end of the day. When the bank get's full it goes into a jar, when the jar gets full it goes to coinstar for a gift certificit, then I get something nice for myself. It usualy comes up to around $100 once a year. Personaly I never spent my change, I just let it grow in my pocket and put it in a piggy bank at the end of the day. When the bank get’s full it goes into a jar, when the jar gets full it goes to coinstar for a gift certificit, then I get something nice for myself. It usualy comes up to around $100 once a year.

]]> By: Ryan Collins http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82687 Ryan Collins Sun, 01 Apr 2007 17:56:18 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82687 I'm a little weird, I always leave the house with 99 cents. 3 quarters, 2 nickels, 1 dime, and 4 pennies. This way I have exact change at least once during the day. I don't know how it saves me money though. :-) I’m a little weird, I always leave the house with 99 cents. 3 quarters, 2 nickels, 1 dime, and 4 pennies. This way I have exact change at least once during the day.

I don’t know how it saves me money though. :-)

]]> By: TJP http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82626 TJP Sat, 31 Mar 2007 04:50:04 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82626 I'm curious as to what the benefit of carrying around pennies is? From what I gather, people should save their change, but if you already have change to cover the difference from a purchase, this will allow you to spend more dollars. Sounds like a "cool spending trick" if you ask me. I’m curious as to what the benefit of carrying around pennies is?

From what I gather, people should save their change, but if you already have change to cover the difference from a purchase, this will allow you to spend more dollars.

Sounds like a “cool spending trick” if you ask me.

]]> By: Keith Petrus http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82622 Keith Petrus Sat, 31 Mar 2007 03:42:40 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82622 Bravo "asdf" My thought exactly. Bravo “asdf”

My thought exactly.

]]> By: asdf http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82621 asdf Sat, 31 Mar 2007 03:01:30 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82621 Umm, so you always carry around pennies to prevent carrying around pennies? Umm, so you always carry around pennies to prevent carrying around pennies?

]]> By: Zachary http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82612 Zachary Sat, 31 Mar 2007 00:11:45 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82612 And the best money trick of all: spend less, invest more. :-) And the best money trick of all: spend less, invest more. :-)

]]> By: samerwriter http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82610 samerwriter Fri, 30 Mar 2007 23:20:14 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82610 I charge pretty much everything on a credit card, but I'm not sure it's worth trying to get the 'free loan for a month'. Let's say the big ticket item you're buying is $1000. By making the effort to buy it at the start of the billing cycle instead of mid-billing cycle, you're getting an extra 15 days of interest. In a high-yield account, that works out to $2. Is that really worth the trouble? If you could get an extra $2 every day, it might be. But these are for occasional purchases. In my opinion, this one counts as a clever idea that is completely useless in the real world. I charge pretty much everything on a credit card, but I’m not sure it’s worth trying to get the ‘free loan for a month’.

Let’s say the big ticket item you’re buying is $1000. By making the effort to buy it at the start of the billing cycle instead of mid-billing cycle, you’re getting an extra 15 days of interest. In a high-yield account, that works out to $2.

Is that really worth the trouble? If you could get an extra $2 every day, it might be. But these are for occasional purchases. In my opinion, this one counts as a clever idea that is completely useless in the real world.

]]> By: Cody http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82605 Cody Fri, 30 Mar 2007 22:23:01 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82605 This list skipped over one of my favorites: Price Protectr (www.priceprotectr.com). I buy a lot of stuff from Amazon.com, which has an unwritten 30-day price guarantee. In the two months that I've been using Price Protectr I've already saved over $30. This list skipped over one of my favorites: Price Protectr (www.priceprotectr.com). I buy a lot of stuff from Amazon.com, which has an unwritten 30-day price guarantee. In the two months that I’ve been using Price Protectr I’ve already saved over $30.

]]> By: Marie http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82603 Marie Fri, 30 Mar 2007 21:19:25 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82603 I've been using MyBargainBuddy.com for years! Unlike other coupon sites, this place points out specific merchandise that is up to 90% off. I've saved tons by shopping clearance sales and saving my buys for holiday and birthdays. I also like the four pennies tip. I think it was an Oprah episode that recommended saving all of your change and depositing it at the end of the month to a savings account. That could be helpful, too. I’ve been using MyBargainBuddy.com for years! Unlike other coupon sites, this place points out specific merchandise that is up to 90% off. I’ve saved tons by shopping clearance sales and saving my buys for holiday and birthdays.

I also like the four pennies tip. I think it was an Oprah episode that recommended saving all of your change and depositing it at the end of the month to a savings account. That could be helpful, too.

]]> By: Emily H. http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82600 Emily H. Fri, 30 Mar 2007 19:59:00 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82600 It is <i>very</i> easy to screw yourself up charging to your credit card for the month-long interest-free loan. I do this, and a couple of times when I had to make more expensive purchases than usual (car repairs, furniture for a new apartment) I had an unpleasant surprise come billing day. I started to get trapped in an unpleasant cycle where I could pay off my credit card in full, but that left me so cash-strapped that I would charge up my credit card again and pay it off the following month... luckily, I'm more careful about this and my monthly rotating balance is starting to go down. But I still haven't paid a cent in interest! It is very easy to screw yourself up charging to your credit card for the month-long interest-free loan. I do this, and a couple of times when I had to make more expensive purchases than usual (car repairs, furniture for a new apartment) I had an unpleasant surprise come billing day. I started to get trapped in an unpleasant cycle where I could pay off my credit card in full, but that left me so cash-strapped that I would charge up my credit card again and pay it off the following month… luckily, I’m more careful about this and my monthly rotating balance is starting to go down. But I still haven’t paid a cent in interest!

]]> By: COD http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82597 COD Fri, 30 Mar 2007 19:08:01 +0000 http://www.getrichslowly.org/blog/2007/03/30/cool-money-tricks/#comment-82597 //Get a month-long interest-free loan by charging expensive items to a credit card on the first day of the billing cycle.// If you have the classic AMX card that you must pay off each month - this becomes almost a 60 day free loan (minus the annual fee on the card...) //Get a month-long interest-free loan by charging expensive items to a credit card on the first day of the billing cycle.//

If you have the classic AMX card that you must pay off each month - this becomes almost a 60 day free loan (minus the annual fee on the card…)

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