Practical tips to manage your money

When did you last empty your piggy bank?

May 18, 2018

There are countless posts and articles about how to transform your wardrobe and decluttering your home. Letting go of the outfits that have been hanging in your wardrobe for years yet you can’t bear to part with. Or finally getting round to empty the cupboard of doom under the stairs, the garden shed etc. All those ‘I might need this someday’ items that you never really need to keep hold off. 

However, it appears that alongside hoarding clothes and furniture, we Brits also hoard unused coins. Popping our loose change into piggy banks and jars around the home. Whether the kids have a piggy bank in their bedroom or you have a central jar where everyone adds their loose change into. It can be surprising just how much these can hold and what value you have just sat there.


Big Cash Clean Up

Coinstar is encouraging the nation to declutter and trade in their loose change for something they really want, perhaps a treat or a charity donation. Plus, when customers cash in their coins throughout May they will earn a chance to double their money in the Big Cash Clean Up. The promotion, running until 27th May, is just in time as Coinstar’s recent statistics show the average transaction value to be around £38. Those trading in their piggy banks have a one in ten chance to double their money.

In a document alongside the Spring Statement, the Treasury revealed there has been a decrease in the use of 1p and 2p coins. Six in 10 coppers are used just once before being stowed away in a jar or piggy bank. Not only are Britons hoarding coppers, but a further eight per cent of these coins are also thrown away. With potentially billions crammed in money boxes across the nation, now might be the perfect time to declutter and cash in.

Nick Harris from Coinstar says: “We all have jars of loose change at home, yet we don’t realise how much they’re actually worth. We’re encouraging customers to cash in and be in with a chance of doubling their money – ensuring those idle coins they’re holding on to can go towards a treat or donated to charity.

Promotion terms & conditions

  • A chance to double your money, less 9.9% commission, up to a max value of £100
  • Promotion valid from 30/04/18 till 27/05/18
  • Prize open to residents of Great Britain only
  • Aged 16+
  • Internet access required
  • Limit one entry per household
  • For full terms and conditions and how to enter visit:  

When did you last empty your piggy bank?

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