The Mason Jar Money Method – Start With $1 And Save $1300 In A Year!

February 19, 2018

The Mason Jar Money Method- Start With $1 A Week To Save Over $1300 In A Year!

The Mason Jar Money Method

There is a lot to said for putting your spare change to work for you.  Even if you’re working your way out of debt, or you are already pinching pennies so hard that the copper fuses together, the Mason Jar Money Method helps you make serious financial progress even when you have little to save each month.

The Mason Jar Money Method can be fun for everyone in family since you actually see your savings grow week to week and it’s right in front of you, not just an obscure figure in a bank somewhere.  I recently read that the physicality of money, (actually touching it and seeing it) is more psychologically powerful than the concept of money on its own. (For more on this, I recommend reading the books Pocket Your Dollars and Zero Down Your Debt.)

Physically handing over paper money seems more “real” than swiping a card, and can even physically register as subtle pain for the spender.  Watching your collection of greenbacks grow in the jar might be more psychologically stimulating than moving decimal points in an online bank account.

The Mason Jar Money Method is so “old school,” and that’s why I like it, it’s simple and it’s quite frankly- fun!  It always makes me think of Pixar’s Up when I throw my weekly money in the jar:

Saving Money In A Jar - If Carl and Ellie Can Do It For An Adventure, You Can Too!

(Up happens to be one of my favorite movies of all time..cue the piano interlude and I cry like an idiot)

Super Easy

I love the Mason Jar Money Method because it’s not only fun to do, but it’s easy to start, even if you’re broke. All you need is a mason jar or similar and a few bucks.

The basic plan starts with just $1 on the first week and you can ease your way into saving big bucks.  For each week of the plan, you save an extra dollar.

Week 1=$1.  Week 2=$2. Week 3=$3..and so on. Of course, by the end of the plan you’ll be putting away $52 in one week, but you’ll have weeks of time to lead up to the biggest saves, which takes the sting out of saving those extra bucks each week!

Best of all, when you’re finished, you’ll have well over $1300 in the jar to spend on something special- a vacation, holiday travel or that emergency fund you know you should have but haven’t started!

If you’ve missed starting your Mason Jar of Money on January 1, no problem! You can either play catchup (do you have an extra $1 or 2 lying around?) or find another holiday or milestone to save towards.

Free Printable

I’ve made it easy as pie to calculate your Mason Jar Money Method by starting with just .25, .5 or $1 with a free printable below!

How would you celebrate your next birthday, Valentine’s Day, summer vacation or Christmas shopping if you had $1300 in the bank?  If you have a few quarters lying around, you can start today!

 

To start your Mason Jar Money Method you need a giant jar and click to download the cheat sheet below!

Mason Jar Money Method Start Saving With Just .25, .50 or $1 A Week For $1300+ Savings!- Free Printable from FrugalBeautiful.com

 Click To Download As A PDF:  Mason Jar Money Method – FrugalBeautiful.com

Update: My accountant Fiancé who helped me with the calculations did some travel research- for the $1 plan we could plan a weekend getaway to San Antonio for $1300… a nice one too!  That’s something we could get excited about for a few dollars a week.  So who knows what you can come up with your mason jar!  

 

So, How Would You Spend Your Mason Jar Of Cash?

 Additional Resources:

16 comments so far.

16 responses to “The Mason Jar Money Method – Start With $1 And Save $1300 In A Year!”

  1. Ewa JP says:

    I would love to do this! I have a piggy bank that I toss all of my little change and cash into at the end of the week, but maybe having something clear so that I could SEE the money growing would be more motivational to remember and stay on top of it.

    I would probably use the money on a trip to somewhere warm with a beach by that point! Maybe a cheap getaway to Mexico or someplace affordable.

  2. The first thing that my came to my mind reading the title was douche jar from New Girl. haha~ Either case, you’re putting money in the jar.
    I already have 2 piggy banks and I need to start utilizing that more.

  3. Kelli says:

    This is such a great idea….I love how easy it feels!

  4. Sai says:

    This is Great right now I can afford the biggining & no doubt in my Mind by setting this goal somehow I’ll reach the goal

  5. My husband and I did this! Well kind of. He was deployed shortly after we got engaged and we would shove all our cash into a piggy bank with a “honeymoon fund” post it note on it. It was funny because my weekly spending money always went in there for the most part- and friends would come over see it and drop cash in it too! We saved so much it was awesome 🙂

  6. Erika says:

    Wow, this is a brilliant idea! I’m definitely going to start my own jar — tonight! I think I have $3 to spare… 🙂 Thanks for the tip!

  7. Lauren says:

    My husband and I do this and it’s wonderful!! It makes it so easy. We also keep our coins separate. It’s so fun to see the jars get full!!

  8. Lauren says:

    My husband and I do this and it’s wonderful!! It makes it so easy. We also keep our coins separate. It’s so fun to see the jars get full!! <3 sorry I forgot the heart!!

  9. Sarah B says:

    I love this idea! And thank you for the chart! I’m going to commit to the $0.50/week plan (it gives me heart palpitations just to think of dropping $26 in the final week of 2014, lol). I’ll keep you posted!

  10. This is a great idea – so simple, but you end up with so much at the end! I have an old-fashioned glass sweet shop jar that I might use for this, and by the end of the year I’ll have a nice amount set aside for Christmas food and presents!

  11. Mary Sabo says:

    I totally love this!!! I started doing this in my savings account but love the idea of actually using the physical money and keeping it in a jar! I am going to go the bank and take out what I’ve saved so far and put it in a jar. It is definitely a better idea for me because if it’s in my bank account, many times I’ll just transfer it over to checking and use it. Now I won’t be able to! Awesome

  12. Love this! I included it in my latest “Massive List of Links” post (https://itsemmaelise.com/post/78652228099/massive-list-of-links-part-10). Thanks again for sharing!

    ♥emma
    http://www.itsemmaelise.com

  13. Kringle says:

    I realize something last month I never went vacation cuz i dont have money. And i across this mason jar and i had a color paper and i wroted down vacation 2016 and start putting money in mason jar. Im really excited about this plan jar. 😊😊start every year im going vacation to my country. Specially Summer day.and have exra money for xmas day.

  14. Christa says:

    Put a photo of something your saving for and it helps to keep you focused

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