Saving my 500s

I remember owning a football-shaped “piggy bank” when I was a child. I’d save my weekly allowance, birthday money and loose change in order to fund my video game addiction. The last time I checked it, I think there was still a fake diamond earring that I’d found in Las Vegas, some badge pins, and a few football coins from an Alan Shearer World Cup. I think I had three Nicky Butts and two Terry Sheringhams. But as soon as I had a bank account, my days of hearing the “ding” from coins hitting my tin “piggy bank” were over. Instead it was all about that magic “virtual” money, baby.

Yet starting this year, the piggy bank has returned. I’ve been saving my 500-yen coins in a glass jar. Strawberry jam, if you wanted to know. Essentially whenever I buy something and receive a 500-yen coin in my change, I hold onto it and stick it in the jar. And that’s it. With 500 yen equating to about £3.35, it’s a good amount to be saving and not something that you worry about.  Plus they’re gold in colour, so it’s like real treasure.

It seems to be a fairly common way of saving money in Japan as most people here still use cash over card.  I paid for my wife’s engagement ring with a wad of cash, like some cockney geezer. In fact, there are still a large number of shops and restaurants that won’t accept credit and debit cards. Even online purchases can be paid in cash when delivered, which is a fantastic service.

Anyway, in a couple of months I’ve easily managed to save 25,000 yen from saving my 500-yen coins. My Irish mate who introduced me to this way of saving cash, actually used his coinage to fund his trips back home. It’s a simple and effective way to save a little extra each month, and one that can be a little addictive.