5 Signs You’re Ready to Save Your $5s

I’ve tapped into my inner saver to come up with a list of five reasons to begin saving your $5s. For me, it’s close to a 13-year habit so it’s solidly part of my DNA. And for you, here are some reasons you might be inspired to start.

     #1. You rarely have any money left over at the end of the month, no matter how much you earn. Admit it. You don’t know where your money goes. Don’t beat yourself up any longer. Start spending cash on your every day needs—from groceries to gas for your car, to lunches in the workplaces. Not only will you have a better sense of what you’re spending money on, but think of all the $5s you’ll get back as change, to save.

    # 2. You’ve been reading my blog or other online sites about saving money for some time. The five most common words you do a Google search on are: How To Save Money Fast. So, time to stop Googling and begin saving. As my old friend Razz used to say, “Doing does it!”

    #3.  The holidays are coming and you don’t want to go into debt again this year. Spending cash on gifts for family and friends is the only way to assure you won’t wrack up holiday debt. Start saving your $5s today (Oct. 3), and you might even save enough money between now and December to buy some of your holiday gifts.

    #4.  You’re sick and tired of being sick and tired. If you’re like me, when there’s something I really want to do and I don’t, I get even more frustrated than if I’d tried something new. So, what better time to start saving money than right now?

     #5. You happen to have two or three $5s in your wallet right now. That’s a sign that it’s time. That’s how it started for me, driving to work one day and I noticed a few straggler $5 bills. I put them aside. The rest is history. I’ve now saved close to $38,000, all in $5 bills.

Yours in Fives,




2 thoughts on “5 Signs You’re Ready to Save Your $5s

  1. How splendidly (and brilliantly) simple?! I learned of your blog yesterday and read every post, I simply couldn’t put down my phone. I’ve been thinking about moving to using much more cash in 2017. I think this idea has just enough of a game-like element to hold my interest long-term. I didn’t wait for 2017 though, I started right away yesterday, $45 in $5s already set aside. Thank you for sharing this wonderful idea!

  2. Reading this kind of reader comment is the best! Thanks, Daniel and good luck with this savings plan. It really does work if you follow the rules for the long term. In around 13 years, I’ve saved almost $40,000, all in $5s.

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