I found an article the other day that had a tip I thought was really cool. It’s to use $2 bills to trick yourself into saving. Did you know there are still $2 bills available? Well, there are and while this might seem kind of far out, this tip really can work.
Here’s what to do
First, whenever you go to your bank, ask your cashier how many $2 bills he or she has and buy them all. Next, take them home and stick them in a box somewhere. That’s all you have to do to get started.
Why this works
The reason why this works for most people is because $2 bills are so rare, you just won’t want to spend them. If you ever got a $2 bill I bet you held onto it for a very long time. For that matter, maybe you still have it. There’s just something about $2 bills that makes them very hard to spend.
It feels like more money
For some reason if you have a wad of $2 bills, it just feels like you have a lot more money saved than you really do. Maybe this is because people tend to think that $2 bills are worth more than $2 though this is actually not the case. These bills can look and feel like financial antiques but unless you get a rare one, they’re worth just what their face value says – $2.
How much money would you have saved after a month?
Of course, the answer to this depends on how many bills you can “buy” in a month. Some banks will have only a couple on hand, while others may have 20 or 30. However, think of it this way – if you were to buy an average of twelve $2 bills a week and stick them away, you’d have saved $96 by the end of the month and it would have been practically painless.
It’s new
The most intriguing part of this idea is that it’s new and different so you’d be more likely to stick with it. Plus, it’s flexible. If you’re on a tight budget, you could put a cap your buying at $10 a week. The thing is to not stress yourself out over buying $2 bills as the whole idea is for it to be nice and simple.
Other ways to use $2 bills
You could have fun with your $2 bills by going out and spending them all in one place. Your cashier would probably love this. You could also hand them out to relatives and friends as birthday presents. Everyone loves to get money but if you just hand someone a card with a $50 bill in it, it doesn’t seem like you’d put much thought into the gift. But if you give twenty $2 bills, this takes the onus off giving money and makes the gift seem much more thoughtful.
Use them when you tip
When you use $2 bills to tip waitresses, valets and bartenders, you can count on being remembered. These bills are not only rare enough to be memorable, they’re considered by many people to bring good luck – making them even more desirable.
Saving $2 bills won’t get you out of big debt
Buying and saving $2 bills can be fun and almost a painless way to save money but you’ll never save enough to get rid of big debt. If you have $15,000 or $20,000 in credit card debt, you need the help of our debt relief partners. We offer a 100% satisfaction guarantee so you have nothing to lose by giving us a try. Call our toll free phone number for immediate help or fill out the form below for a free estimate.