I’ve been dipping my toes into a lot of interesting ideas these days, and one of my new favorites so far is my new $2 bill trick. In the past month since trying it I’ve already amassed over $110! And I haven’t really done that much different to get there, either…
Are you ready to be wowed? Are you sure? Here it is!
Every time you go to the bank, ask the tellers how many $2 bills they have. No matter what their answer is, “buy” them all up and then throw them in a shoebox! That’s it!
And you know why it works? BECAUSE $2 BILLS ARE COOL and you’ll never want to spend them! Haha… BAM – instant savings :) I bet you haven’t even seen one in a while, huh? And if you have, I bet you again that you ended up keeping it. Because 9 times out of 10 that’s what people do (I literally still have mine from when I was 8 y/o!). And if you multiply the odds of coming into them more, then the odds of you saving more is even better.
It also FEELS like you have a lot more money saved than you do too, thus helping continue to motivate you ;) Most people think they’re worth a lot more than just $2 bucks (my old self included), but of course that’s not true. They might look like old financial antiques, but unless you got lucky and came across a rare one, they’re indeed only worth the $2.00 printed there.
5 weeks in a row now and it’s still working like a charm. I think I even had $116 in there last I checked – and that’s without even trying! Sometimes banks only have one or two on hand, and sometimes 30!, but no matter the number I always snatch them up and consider it a success. I don’t really go out of my way either – I ask when I’m already there depositing something or cashing in my change, or I walk in if I happen to be passing a bank out of pure luck.
$hit, I even did it last week when I was at the beach! Haha… and you wanna know something REALLY crazy? The teller there told me she had just ran out, and when I had asked her why (‘cuz there’s always a reason as they’re usually stocked), she said because some guy had just come in and nabbed them all. “He comes in every week because he thinks they help him save more.”
HAH! HE STOLE MY IDEA!! I guess that’s even more proof it’s a good one, eh? ;) I bet there are tons of people doing this very same thing even as I type this. Maybe even one of YOU guys? Yeah??
I highly recommend trying it out if you’re looking for something new. And you don’t have to go all hardcore or anything either – you can make different variances out of the game too, like putting caps on the highest amount you’re comfortable with or something. If you’re on a tight budget but still wanna save a little, maybe just get a max of $10 worth at all times. That’ll net you five of them right on the spot! You just wanna do your best to keep going for it and not get too overburdened as the whole idea here is to keep it nice and simple. And FUN.
(Quick Tip: For the best chances of finding them, hit the banks on a Friday afternoon! They have most of them in by then, as people have been turning them in all week long.)
If you did burn out, though, there are plenty of cool other things you could do with this new stash of yours too ;)
- You can go out and spend them all in one place! The cashier would love you!
- You can hand them out to friends and family for birthday or xmas stocking presents (Wouldn’t YOU want to get free money? It doesn’t even count as a faux pas ;))
- You can try selling them to people for $3.00 and make a 50% profit, haha…
- You can give them away as tips! For beers, valet, cabbies, etc (Good one, Tom!)
- Or you can give them to the Tooth Fairy to hand out to your little children ;)
That last one I stole from another teller who told me she has moms coming in all the time picking up half dollars and gold dollars for the Fairy – remember that growing up? It brought me back to the good ol’ days in no time… “You could get a lot with that back then!” Haha… it also reminds me to tell y’all about another currency-related project in the works. But I’ll have to save that one for another day – I don’t think you could handle that much excitement in one day ;)
UPDATE: Other good reasons to collect $2.00 bills! (As mentioned by my lovely commenters)
- They’re known to bring good luck! And if you had dozens and dozens of them at your home, that would be one large pile of luckiness :) (I totally forgot that back in the day people would rip the corners off ’em as they thought it would increase their luck as well. So if you ever find REALLY old ones, that’s why they’re in such odd shape)
- They make great tips for people. At the bar, valet, cabbie!
- And they help kids save a lot too – they think they’re brilliant!
So that’s my trick! Anyone else saving in a creative way? Anyone else hoarding $2.00 bills along with me?? How many do you have now? I’m hoping for another $100+ addition in September. They’re getting lonely in my fake book safes ;) Shhh.. Don’t tell anyone!
PS: For other cool places you could hide them, click here.
PPS: And for more history and other interesting facts about $2.00 bills, like how some people think they’re fake and have even been arrested for trying to use them!, check out Wikipedia’s page – it’s pretty fascinating. They’re still being printed to this day!
Killer resources and apps:
- Best Budget Templates & Spreadsheets (FREE)— The best free budget templates from around the community! Including the ones I use :)
- Personal Capital* (FREE) — A great app to track your investments and net worth. You can see an in-depth review we did here from a millionaire who checks it daily 😂
- You Need a Budget (YNAB)* (FREE TRIAL, then $14.99/mo or $98.99/year) — One of the BEST budgeting methods in the space, with new users saving $600 on avg their first two months, and more than $6,000 over their first year! Check out my friend Vic’s review of YNAB here that went on to completely change his finances 💪
- Digit (FREE 6 mo. Trial, then $5/mo) — This is one of my favorite apps for automatically saving money, and I even came on board as an advisor I believed in them so much! You can see my full review on Digit here.
- Acorns* ($3-$5/mo) – Similar to Digit, this app helps you automatically INVEST money by rounding up all your transactions to the nearest dollar and then investing it right away for you. My full review of Acorns can be found here.
- Honey (FREE) — By far my favorite coupon service out there! Click the Honey button any time you're about to buy something online, and BOOM - any discounts it finds will be automatically applied at checkout. You can see my write up on them here.
- Credit Karma* (FREE) — An easy way to check and monitor your credit score AND report! See my full review of these guys here.
- My Favorite Blogs + Books < -- Click here to see all my other recommendations!