Today, I’m going to talk about collecting money. To begin, I must stress what I mean by this. I’m not talking about collecting money that you can spend, and saving it. Instead, I’m talking about becoming a collector of currencies from all over the world. Money has been around for years, and there’re plenty of things you can collect. It’s a fun hobby, especially for people that have an interest in finance.
If you want to start collecting money, then I have some handy advice to help you get started:
Decide On A Goal
It’s hard to collect money without a proper goal in sight. There are plenty of things that currency collectors want to achieve with their collections. For some, the main goal is to collect everything in a particular set. Others want to collect famous and limited edition notes and coins. Before you start doing anything, you have to set this goal for yourself. Decide what you wish to achieve when you collect currency. There’s no right or wrong answer to this; it depends on the person. Some people have the time to go and find every note from a certain currency set. Then, you have people that like to do this occasionally. They don’t have the time to dedicate their life to collecting money. Instead, they focus on the big things and want to find the rarest items. Choose whatever makes you happy, and will suit the way you live your life.
(Image from: http://goo.gl/9BCRI8)
Choose A Currency To Collect
Naturally, there’s too much currency out there for you to deal with it all at once. My advice is to pick a certain currency that you want to collect. Then, don’t move on until you’ve completed your goal. With so many currencies to choose from, it can be hard to decide which one you should start with. Personally, I like going for currency that’s unique. Something that’s easy to get your hands on in large quantities. For example, you can get around 100 trillion Zimbabwe currency for 80 or so dollars. It’s not often that you’ll find a 100 trillion banknote, so it’s unique. Have a look at some of the currencies all over the world and find one that appeals to you. Who knows, you might keep it simple and collect US dollars throughout the ages.
Get A Collection Book
When you find all your currency, you need somewhere to put it. Otherwise, you could end up losing valuable collectibles. The safest option is to buy a collection book for all your notes and coins. This way, you can keep them secured inside the book, and there’s no risk of them getting damaged or thrown away by accident. Of course, there are lots of different books available for you to purchase. Some even come with locks, so, you can add another level of security to your collectibles.
You don’t need a lot of money to get involved with currency collecting. If you’ve always been fond of money, then it’s a great hobby for you to have.
