ComScore

This $5 Bill Savings Hack Is So Weird It Just Might Work

woman wallet money trick

Long-term financial #goals: Build up your emergency savings so you don’t have to fret for a moment if the car breaks down or if you need a last-minute spa day for the good of your mental health. (Hey, we all work hard.) Here, a sneaky—and actually quite clever—way to add cash to your account fast.

What exactly is the $5 bill savings hack?

You go to the grocery store and buy a few items sans debit or credit card. Yep, you’re paying cash. But when the cashier passes you your change, it includes a $5 bill. Instead of spending it, tuck it away when you get home—in an envelope, in your mattress—wherever. Follow this plan anytime you cross paths with a $5 bill and, in a few short years, you could end up with thousands set aside.

Does it really add up?

Think about it: Nowadays, we hardly ever use cash. But when we do, it’s kind of rare that you’ll see a $5. Make it a game to hold onto them and you’ll be surprised at how fast the dollars add up. (Case in point: This Massachusetts woman set aside every $5 since 2005 and ended up with a cool $40K to spend at her leisure. Pretty impressive.)

Yeah, but that took her over ten years.

Still, even if you save 7 $5 bills a week, $35 times 52 weeks a year is an additional $1,820 you can set aside annually. That’s a lot of car repairs and spa days you could cover, no?

Game on.

This Japanese Budgeting Trick Could Save You Thousands in 2018



rachel bowie christine han photography 100

Senior Director, Special Projects and Royals

  • Writes and produces family, fashion, wellness, relationships, money and royals content
  • Podcast co-host and published author with a book about the British Royal Family
  • Studied sociology at Wheaton College and received a masters degree in journalism from Emerson College