US3036757A - Savings and budgeting device - Google Patents

Description

May 29, 1962 H. B. MAGNUssoN 3,036,757 SAVINGS AND BUDGETING DEVICE y Filed Dec. l2, 1960 2 Sheets--SheerI 1 IN VEN TOR. Hak/uam 8R06/ Mwmsam MMM irren/.srs

2 Sheets-Sheet 2 irren/ers May 29, 1962 H. B. MAGNUSsoN SAVINGS AND BUDGETING DEVICE:

Filed Dec. 12, 1960 m mu Pn MM I v B R E Lw: .nu w. G Y h Fr.. w B UWM &\\ @MM LIM? I. VII Il Il Il i4. url l All if rl il J G .m MUN@ w|I||lH||wlVll|V|lHHH HHHHIIMHIIIIW l l wu .NM vw -1 Il|||J Q l mw m wl |\ql||\|. .mm 4 lvl n@ m R m. HHM R 3,036,757 Patented May 29, 1952 ice 3,036,757 SAVINGS AND BUDGETING DEVlCE Haraldur Bragi Magnusson, Lemoyne, Pa. (6111 Sunrise Drive, Minneapolis 21, Minn.) Filed Dec. 12, 1960, Ser. No. 75,348 2 Claims. (Cl. 232,-5)

This invention relates to a combination savings and budgeting device. It is the purpose with this device to establish a substantial relation-ship particularly in the habits o-f children of the saving of money and the allocation or budgeting of money for specic items or uses. it is desirable to have such a device whereby the habit of saving is encouraged and whereby also the habit of setting aside planned or specific amounts of money for specific items or uses is encouraged, with a balanced program for handling money resulting therefrom. Also in connection with the above stated purpose, certain amounts of money would first be saved or accumulated before being deposited in a regular commercial bank, so that money would be deposited for savings in a commercial bank in certain specific amounts. Thus there is encouraged the development of a definite overall plan for handling money. It is an object of this invention to provide a device for the encouragement of the systematic saving and budgeting of money.

It is another object `of this invention to provide a device having visible coin-receiving passages for the accumulation `of coins, and in connection therewith separate compartments for holding money set aside for specific expenditures.

It is a further object of this invention to provide a device having a plurality of coin-receiving passages visiable from the outer sides thereof and having removably disposed within a chamber therein a compartmented portion constructed and arranged to hold money set aside for specific expenditures.

t is also an object of this invention to provide identifying indicia for each of the coin-receiving passages and compartments to encourage a planned program for the savings of money and the `allocation of portions o-f it for specific expenditures.

These and otherv objects and advantages of the invention will be fully set forth in the following description made in connection with the accompanying drawings in which like reference characters re 'er to similar parts throughout the several views and in which:

FIG. 1 is a view of applicants device in front elevation;

FIG. 2 is a view in horizontal section taken on line 2 2 of FIG. 1 as indicated by the arrows;

FIG. 3 is a view of applioants device on a reduced scale in end elevation showing portions thereof in dotted line;

FIG. 4 is a view on a somewhat reduced scale taken in vertical cross section on line 4 4 of FIG. 1 as indicated by the arrows;

FIG. 5 is a view of a portion of applicants device shown in perspective; and

FIG. 6 is a fragmentary view of a detail on an enlarged scale in vertical section taken on line 6 6 of FIG. 3 as indicated by the arrows.

Referring to the drawings, applicants device 10 cornprises a housing 12 `and in association therewith a cornparrnented portion 14.

Said housing 12 comprises a framework substantially parallelepiped in form having enclosing sides 16, 17, 18 and 19, a bottom 20 and an open top 21. Formed within said housing is a chamber 22.

Said housing may be formed of various suitable materials. In the embodiment of the invention here disclosed, said housing is indicated as being formed of a transparent material. Said housing will be constructed 'and arranged to have coin-receiving slots within one or more sides thereof as may be desired. In the present embodiment of the invention, within the sides 16 and 18, 'are longitudinally spaced vertically disposed slots forming coinreceiving passages 25, 26, 27, 28 and 29, each being specifically formed to accommodate certain different size coins 39 with identifying indicia 32 in connection with said coins indicating the `different passages. Said passages are formed having open- ended tops 25a, 26a, 27a, 28a and 29a respectively. Extending through the bottoms of said passages respectively are small apertures 25h, 26b, 27h, ZSb and 29b respectively.

Carried in the sides 17 and 19 are identical locking members 34 and 35, of which only the locking member 35 will be described in detail. Said member 35 comprises a circular outer head portion 36 carried on a shaft 37 having a portion 38 of reduced transverse dimension extending through an aperture 39 in the side 19. Said aperture 39 is shown having an annular transverse recess 42 therein in which is disposed Ia coiled spring 43 bearing at its end remote from said head portion 36 against a plate member 45 secured on the shaft 39 whereby said locking member 35 will normally be urged to be in a locking position.

Said compartmented portion 14 may be variously formed, but is here shown comprising a bottom or base plate member 50 having spaced thereabove and parallel thereto a central plate member 51 and a top plate member 52 of somewhat greater length and width. Said plate members Sil and 51 will be of a size to fit into said chamber 22 `and said plate member 52 will be of a size to be seated on topof the upper edge portions of the sides 16-19 of said housing to form an enclosing top for said housing. Disposed centrally of said plate mem-bers 50 S2 are vertically disposed intersecting plate members 54 and 55 forming compartments 60, 61, 62, 63, 64, 65, 66 and 67. Said compartments are shown having open outer sides with the plate members Si) and 51 respectively forming the bottoms of said compartments. Upwardly extending about the edge portions of plate members 50 and 51 are upstanding flange portions 50a and 51a respectively forming partial enclosures for said compartments. With reference to compartment 60 in FIG. 4, the bottom surface 60a thereof is shown having its portion 6611 adjacent the outer sides of said compartment curved downwardly and inwardly to `assist in retaining in said compartment coins and pieces of money placed therein. The other compartments will be constructed in like manner.

With reference to the construction of said compartmented portion 14, said plate members Sil-52 and the vertical plate members 54 and 5S may be assembled in various specific ways well known in the art. Therefore it is believed a specic manner of assembly need not here be set forth or described as the specific assembly wourd form no part of the invention herein.

Upstandinfg from said plate member 52 is a handlelike member 70 formed of a strip of suitable material having a finger gripping recess 70a formed in either side thereof. Formed within either end of said plate member 54 in alignment with the aperture 39 are recesses 54a adapted to receive therein the inner end portions of the locking members 34 and 35.

Shown in connection with said compartments 6ft-67 are identifying indicia 72, Iand shown disposed in said compartments are pieces of money in the form of both coins and paper money.

In operation, coins will be accumulated and saved by bein-g disposed in the coin-receiving passages 25 29 in accordance with the denomination of the coin. When said slots are filled, they will be emptied, whereby ia certain amount of money will be av-ailable for banking, as in a commercial bank. It is not necessary to turn the housing 12 upside down to withdraw the coins from the passages. A small circular member, such -as the member 80, may be used to insert within the apertures at the bottoms of the coin passages to engage the bottommost coin kand urge it and the coins thereabove upwardiy out of the passages. The use or applicants device, particularly on the part of children, anticipates the receipt of money in the form of an allowance, and also as casual earnings from various sources. Thus there will be available money for saving purposes 4and also certain portions of the money received will be budgeted or allocated for speciic expenditures, such as for certain items or uses. Money allocated for expenditure will be placed in the various compartments in accordance with various needs, as will be indicated by the identifying indicia carried by said compartments. These funds may be accumulated over a substantial period of time depending upon the amount needed and the amounts received from time to time. It is desirable to have the housing formed of a transparent material so that the accumulation of coins in the coin-receiving passages may be seen at all times. The inner compartmented portion 14 is easily removable by pulling outwardly on the locking members 34 and 35 with some of the fingers of each hand, and using other of the fingers for moving the plate member 52 upwardly until the recesses 54a -are free of the ` locking members 34 and 35. Then the handle 70 may be grasped and the entire inner portion 14 will be withdrawn from the chamber 22. It is seen that the upper plate 52 rests upon the upper edge portions of the sides of said housing to form an enclosing top for the housing. With reference to FIG. 4, the height of said portion 14 is somewhat less than the depth of said housing 12 so that `a space is provided beneath the portion 14 where such things as a savings book and deposit slips may be contained.

Thus it is seen that I have provided a very simple and conveniently arranged and constructed saving and budget device for the encouragement of the saving of money and the allocation or budgeting of certain amounts of money for certain specific things or uses. This device is particularly planned to promote thri.`t and planned money handling in connection with children.

It will of course be understood that various changes may be made in the form, details, arrangement and proportions of the parts, without departing from the scope of lapplicants invention, which, generally stated, consists in a device capable of carrying out the objects above 5 set forth, in the parts and combinations of parts d-isclosed and defined in the appended claims,

What is claimed is:

1. A savings and budgeting device having in combination, a housing substantially parallelepiped in `form having enclosing sides Iand a bottom and a chamber formed therein, certain of the sides of said housing having longitudinally spaced vertically disposed open upper-ended coin-receiving passages therein, certain of said passages having certain different widths to accommodate certain different sized coins, transparent faces respectively overlying the outer sides of said passages, a compartmented portion disposable in said chamber, said portion comprising a pair of vertically disposed intersecting plate members, parallel plate members respectively overlying the top and bottom of said intersecting plate members, a central plate member spaced between said parallel plate members parallel thereto and in effect forming an intersection with said intersecting plate members whereby a plurality of compartments respectively having an open side and'an open end are formed, said bottom and said central plate members respectively forming the bottoms of said compartments, an upstanding edge portion respectively about the open sides and ends of the bottoms of said compartments, carrying means in connection with the top of said portion, and means for locking engagement of said portion and said housing.

2. A savings and budgeting device having in combination, a housing substantially parallelepiped in form having enclosing sides and a bottom and having a chamber formed therein, certain of said sides having longitudinally spaced vertically disposed coin-receiving passages therein, transparent faces respectively forming the outer sides of said passages, a compartmented portion disposable in said chamber, said portion comprising a plurality of substantially horizontally disposed parallel plate-like members, a pair of vertically disposed intersecting platelike members respectively disposed centrally between said first mentioned plate-like members to form a plurality of compartments therewith, said compartments respectively having an open side and an open end, an upstanding Iflange about the Aopen side and end of the bottom of each compartment, the upper surfaces of the bottoms of said compartments being inclined downwardly and rearwardly thereof from the open sides thereof, carrying means in connection with said portion, and means for locking engagement of lsaid portion with said housing.

References Cited in the le of this patent UNITED STATES PATENTS 1,770,146 Silver July 8, 1930 1,814,064 Tolkow July 14, 1931 2,559,699 Bard July 10, 1951

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