We have all heard the old saying “Take care of the pennies and the dollars will look after themselves,” and, indeed, some of the richest people in the world are those who are well known for being careful with even the smallest amounts of cash.
In our normal daily lives, there are numerous ways that we can cut our expenses or begin to put something away for a rainy day. Starting with that pocket full of small change, for example, why not set up your own small-change jar where you can drop your loose coins at the end of each day? Even if you only choose to save the smaller denominations of coin, you will be surprised at just how quickly the value mounts up. When the jar is full, simply take your coins to the bank and pay them into your own little savings fund.
Cutting down on routine daily expenses is another way that you can easily take care of the pennies. Instead of paying extortionate amounts of money for a lunchtime sandwich that somebody else has prepared, for example, make your own to take to work. Also, if your workplace is reasonably close to home, why not try cycling to work a couple of days a week instead of paying out for gas or using public transportation? It might save you only pennies, but the pennies soon add up!