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	<title>Dorm Room Biz &#187; tip jar</title>
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		<title>Start Your Own Tip Jar!</title>
		<link>http://www.dorm-room-biz.com/2008/06/24/start-your-own-tip-jar/</link>
		<comments>http://www.dorm-room-biz.com/2008/06/24/start-your-own-tip-jar/#comments</comments>
		<pubDate>Tue, 24 Jun 2008 21:00:55 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Rants / Random]]></category>
		<category><![CDATA[coin jar]]></category>
		<category><![CDATA[frugal]]></category>
		<category><![CDATA[saving money]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[tip jar]]></category>

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		<description><![CDATA[About a week or so ago I sold a climbing rope on eBay. The item sold for about $100. The winning bidder sent a money order to me as payment. This is good for a couple reasons, but the main reason that I like receiving money orders for large amounts as opposed to PayPal, is [...]]]></description>
			<content:encoded><![CDATA[<p>About a week or so ago I sold a climbing rope on eBay. The item sold for about $100. The winning bidder sent a money order to me as payment. This is good for a couple reasons, but the main reason that I like receiving money orders for large amounts as opposed to PayPal, is because of the fee&#8217;s. I have sold the same rope to other people who paid with PayPal and it cost between $6 &#8211; $10 in fees &#8211; which cuts into my profits!</p>
<p>So anyway, I cashed the money order on Saturday and shipped out the rope to him. I got home and was thinking about what I was going to do with the $100 cash I now had in my pocket. I like to use cash as opposed to credit/debit cards, just because then I have the feeling of &#8220;oh well, I only have this much left, so I probably shouldn&#8217;t get that&#8221; instead of saying &#8220;CHARGE IT!&#8221;. I know people will argue with this mentatlity, but I don&#8217;t care &#8211; everyone has their own ways and systems. Anyway, I decided that I didnt want to keep the $100 on me plus the other cash that I had. So, I had the idea of starting my own tip jar.</p>
<p>Basically, anytime I have extra cash on me that I don&#8217;t want to constantly carry around with me, I can put it in the tip jar. Or if I get everything I need to done in a day or accomplish a lot of tasks, I can reward myself wth a tip from my own wallet. This is nice because then when I need a couple extra bucks for lunch I can just grab it out real quick and be on the way. Or, if I don&#8217;t touch it for a while, it will add up and all of the sudden be like money I never knew I had. Kind of like a deposit from your paycheck into your retirement account &#8211; after a while, you start to not even miss the money that should be there. On Saturday I put in about $30.00 to save for another time. This is going to be a great little stash when the time comes and I need to use it!</p>
<p>On top of being my personal tip jar, I use the same container (<a title="What The Hell Am I Supposed To Do With My Toxic Nalgenes?" href="http://www.thegearhouse.com/2008/06/15/what-the-hell-am-i-supposed-to-do-with-my-toxic-nalgenes/" target="_blank">an old Nalgene bottle</a>), as my spare change holder. So when it starts to fill up, I&#8217;ll cash all the change in and have some nice pocket money to spend on something new. I&#8217;ll be saving up for a new LCD widescreen monitor, fyi.</p>
<p>I&#8217;m sure many of you throw your coins in a jar or something to keep them all in one place, but what about other cash that you don&#8217;t want to carry around with you all the time? Do you tip yourself? Deposit it in the bank? Or just hold onto it and spend it?</p>
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