Dollar Bill Savings Plan

Testimonials

There's nothing like seeing other people succeed to build your confidence and encourage you to succeed with your own Dollar Bill Savings Plan. That's why I have this page: To encourage you to try it. After all, what do you have to lose? You're not paying anyone for anything, so go ahead and give it a try!

All I ask is that if you do try the plan, then send me a note and let me know how it worked for you. To ensure privacy, all emails posted here have names and addresses removed; however, I do ask that you include in your testimonial your first name or at least an initial, and the State or Country where you live.

Saved $86 in the first month

Since Nov 1st 2007 [I have saved] about $86. If i do that every month that adds up to $1036 a year!!!

— I. in USA, Dec 2007

Saves enough for tuition and vacation each year

My wife and I do the dollar bill and change thing throughout the year, cashing it in in August – it pays for our two girls’ elementary school book rental for the year (about $250 total), our annual fall camping and canoeing trip with extended family down in southern Indiana, and there is always a little bit left over to have a nice dinner (with drinks) at our favorite local Mexican restaurant. A very painless way to handle two expenses we have that come up at the same time every year (tuition and vacation).

— T. in Indiana, Nov 2008

Saves $150-250 every month

I do this and usually save an extra $150-$250 dollars per month. I then take the money in each month to the bank and place it in a high interest money market account that I found at a local bank that pays over 4.01% APY. I have been doing this for a few years and have been able to save quite a bit. Get an automatic coin counting jar and add all the coins you have in your pockets, purse, and car to the account also. Watch it grow into a couple extra thousand dollars each year easily and painlessly.

— S. in USA, Jan 2009

Pays for vacation and taxes

I heard about this plan years ago and it works very well for us. The plan is simple, it just takes a little discipline. Don't spend dollar bills. Anytime you spend any money, anywhere, don't pay for anything with dollar bills. When you go to a store, use a 5 or a 10 and stick the dollars and the coins you receive in change in your pocket and when you get home, put them in a box. You'll be surprised how quickly it adds up. You'll also be surprised how many things you don't buy, that you didn't need in the first place. Ask yourself "do I want to spend a $5 bill on this cup of coffee, soda, bubble gum... whatever." We've paid for every vacation using this method and still have enough money left over to pay our yearly taxes.

— T. in USA, Feb 2010

Saved over $800 in 9 months

I started using the DBSP at the end of January 2010. I was unemployed and barely getting by, and I had just spent the last of my savings. I knew I had to get something set aside, otherwise the next unexpected expense would sink me. I was fortunate to get a job about a month later, but I continued the plan. At the end of September 2010 I had over $800 in dollar bills alone! I use my quarters to pay for laundry — that's $7.50 per week, which means I am shorting my DBSP account $390 per year! But, I still have over $50 in coins.

— S. in Ohio, Sep 2010

The Dollar Bill Savings Plan