Meet our Chicken, he sits atop our mantle and serves a much higher purpose than being a beautiful cookie jar. He is where all of our loose change and bills go every night. In addition, I will put extra cash I receive from riding lessons in him. When I drove carriages in downtown St. Louis I would put my tips into the “Chicken account” – I loved driving the carriages but I just did not have time to spend with my horses and Bear. It did help us through a period when we needed the extra money.

So, what do we do with our Chicken account. Rather than run to the ATM and possibly incur an ATM fee for using one that is not associated with our bank we withdraw from the Chicken account. This is if we really need to run to the store for something and don’t have any cash on hand. We just make sure to “re-deposit” what we take out when we have the extra cash. We generally have from $25.00 – $75.00 in bills and change (primarily change). Once the chicken is full we deposit all but $20.00 into our savings account and start over. Our biggest deposit has been $106.73! Now that is over an extended period of time but this Chicken account has really saved us in ATM fees.
So, now you know about our Chicken Account! Do you have a “Petty Cash” fund at your house? If so, how do you put money in and use it?

This entry was posted on December 8, 2011 at 5:30 pm and is filed under Frugal Tightwaddery, Slideshow. You can follow any responses to this entry through the RSS 2.0 feed.