Sunday, 8 December 2019

December 8th and The 5p Money Box

Emptying the 5p money box is not as much fun as it used to be. That was before all the money laundering rules when you could walk into a bank with your bags of change and they would give you notes in return. Now you have to pay it into an account and it sort of disappears into the general pot.

Why they think you would be laundering illegally earned money in 5p pieces I have no idea.


Anyway once again all year I've been emptying my purse and putting the 5p's* that get stuck in the corner and some 10p's* in the tin. I found several 20p's* there too. I also had £2 worth of  2p and 1p coins in another tin where I chuck them if I have too many in my purse

So I added up, bagged up as per bank instructions, found some more 20p's* left from car boot change to fill another cash bag and will pay a grand total of £32 into the bank. There was about a pounds worth of 5p's* to go back in the tin to start the collection for Christmas 2020. So although this was my money anyway it feels like £32 that I didn't know I'd got, which is quite nice. In years past I would use this for the Christmas Ham and Turkey, now it will be used for some other treats - a pack of that special local butter is top of my list.
 Next year there will probably be a lot less in the tin as I seem to being using contact-less card payments more often now as it's so easy.

 *with the ending of the Apostrophe  Preservation Society I feel free to put Apostrophes everywhere even when I have no idea if they should be there or not!!

Thank you for comments about Christmas stamps yesterday, with mixed opinions on designs. Sorry about not replying - a bit busy out with grandchildren.

Back Tomorrow
Sue


28 comments:

  1. love the idea of using your 5p piggy bank fund for local butter - thats a win win situation :0) is it expensive there in the UK ? here in Sweden butter is about £4 for 500g. - Sara

    ReplyDelete
    Replies
    1. Not too expensive just more than the bland butter in a supermarket. There will be plenty ofmoney left for other treats

      Delete
  2. If you would have written fivepennypieces (like the old word threepennybits) then using an apostrophe of omission, I reckon 5p's are just about allowable!

    ReplyDelete
    Replies
    1. Thank you or if I was in your class "Thank you Mrs Almond"! or do children still say Miss to everyone? or is it all trendy Christian names now?!

      Delete
  3. What a lovely idea. We used to do this with the children when they were small and it was always very exciting when it came to totting it up at the end of the year so they could use the money for Christmas presents for their friends at school.

    Mx

    ReplyDelete
  4. What a lovely idea. We used to do this with the children when they were small and it was always very exciting when it came to totting it up at the end of the year so they could use the money for Christmas presents for their friends at school.

    Mx

    ReplyDelete
  5. What a lovely idea. We used to do this with the children when they were small and it was always very exciting when it came to totting it up at the end of the year so they could use the money for Christmas presents for their friends at school.

    Mx

    ReplyDelete
  6. I can imagine you spreading your lovely butter onto a piece of nice bread.
    I save my coppers and 5p into a money box (similar to yours) and it goes into the donation box to the British Legion with a bit more.
    The sun is shinning at the moment so hope it stays like.
    Hazel c uk

    ReplyDelete
  7. I have a tiny piggy bank where i put my 5p's; when it feels quite full I take it to my local corner-shop where the owner is always needing change. There's usually enough for a bottle of wine, a couple of times in the year.

    ReplyDelete
  8. Husband used to do this with coppers and one of those giant whisky bottles. The smell on the hands after sorting!!! He stopped when he could no longer just swap the little bags for cash, but we've found we never have many coins these days anyway.

    ReplyDelete
  9. We take our piggy bank coins to the supermarket where they have a cash machine and get the money off our shopping!

    ReplyDelete
  10. Our saving pots were counted, and now again we are popping coins in 2 pots, it's a great way to add some cash to you purse. We noticed our small change pot takes longer to fill, about 2 years, instead of just 1.

    ReplyDelete
  11. I think it was you who inspired me to start saving all my change in a tin and emptying it at Christmas. The £150 we got out of the 20p tin this year went a long way towards the gift list.
    Hugs-x-

    ReplyDelete
  12. It's ridiculous, isn't it, that we are suspected of small scale money laundering. I recently played them at their own game. Paid in £25 in change, which had to go through my account and immediately cashed a cheque for £100 and asked for the lot in £5.00 notes. They did not like me one bit, but did I care?

    ReplyDelete
  13. Our local Post Office accepted coins (either in payment or to exchange) provided they were bagged up correctly in £1, £5, £10 or £20 money bags. Sadly it closed for good last week so I'll have to try the P.O. in the next village. I've got about £25 ready to change to buy my annual bottle of Glenmorangie.

    ReplyDelete
  14. I just wanted to thank you for your blog, I always read it and enjoy the way you look at life.

    ReplyDelete
  15. Real local butter is such a treat isn't it....so much nicer than the mass produced soft spread 'butters'.

    ReplyDelete
  16. I have done this for many, many years. At first I used to do it by myself, so it was always mine, but now my huaband thinks it's a good idea so has joined in and we share it. We don't do it for any special reason/occasion and usually save it until the tin is full.

    The Post Office used to change the money bags as long as there weren't too many, but I think they stopped doing that. Now we take it to the bank then withdraw that amount straight away.

    For over a year I, myself, have been saving £2 coins in a Rovers Return plastic bottle and on the last count I had nearly £300 in it and it's not even halfway! At first the £2s were coming thick and fast, but now they have dwindled down to an occasional one. I expect that will change after Christmas. No idea what I will do with it.

    ReplyDelete
  17. This has reminded me of one Christmas, about 40 years ago, when the children were very small and we had very little spare money. My parents came along with their box of accumulated 20p pieces and insisted that I should have it. There was something like £20 in it - more than enough to ensure that Father Christmas came to our house. It still makes me want to cry when I remember that totally unexpected gift.

    ReplyDelete
  18. When leaving a grocery store, the other day, we saw a boy and his dad, pouring coins into a machine, which rolled them into the proper paper rolls, I guess. -smile-

    Yes, it is your money, but it does feel like "found' money, since you had not been "counting" it, all year. Fun!

    🎄 🎄 🎄 🎄

    ReplyDelete
  19. I don't see any change these days because of contactless. I get a bag of £1 coins every so often from the bank to keep for such moments as and when a few coins are useful.

    ReplyDelete
  20. I used the machine at the grocery store this week as we don’t have a local bank. It was very nice to get notes back to spend on Christmas food treats!

    ReplyDelete
  21. We also save one and two pence pieces, together with small silver coins,fives,tens and twenty pence pieces. They are annoying in pockets and make it difficult to fasten my purse. We save them in a China piggy bank, but we never spend them on ourselves. When we have a good amount we give the money to various Animal Charities.

    ReplyDelete
  22. You have quite the haul of extra cash there. Enjoy.

    God bless.

    ReplyDelete
  23. I didn't know that about Money Laundering! I have a ceramic beachhut full of random loose change which needs dealing with!!

    ReplyDelete
  24. Ooh we've not emptied out Sealed Pot this year yet. It would seem we are late with everything at the moment. You've got a good haul there from all your change.

    ReplyDelete
  25. You remind me I need to do that with my pile of change from the year. I filled three little banks full so I hope I can get as much as you! The money laundering thing is interesting.

    ReplyDelete