In our house, cans = cash.
In effort to encourage others to recycle, we are also building up a savings for college for Noah. We collect cans from various sources, friends, family, etc and smash them to save space in our garage. Currently the price that aluminum is selling for is very low, so we are storing the bags in our garage in hopes that the price will go back up.
Here is our current stash of smashed cans we've collected from the past few months. Once we have enough for a load, we drive them to the recycling center and get paid. The money is 100% for Noah's 529 college fund. As he grows older, he can participate in this little fundraiser more and more.
It has become a fun game for us to find cans when we take a walk in our neighborhood or at the park. Not only do we help clean up the community and promote recycling, but we earn a little money for doing it. As we have learned in our frugal lifestyle, every little bit counts.
As a side note, another viable option for college savings is called UPromise. By registering your Marsh, Kroger/Dillons, CVS, and other shopper cards and even credit cards if desired, 1-8% of qualifying shopping and restaurant purchases are put in a fund that can be transferred to a 529 savings account. Noah currently has one of these accounts, so let us know if you want to link your shopper cards to his account. =) It has $21.50 in it from the past 9 months of doing nothing differently, just regular household / grocery shopping trips, so basically it is free money.
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