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Has it been worth saving your spare change every day?
Seriously, but couldn't one have been using the coins all along (?) It's easier at the check-out line to not use change, but I'm wondering if anyone has noticed that several months of saving the change is actually worth it. Thank you!
Thank you to everyone who gave helpful replies!
13 Answers
- ?Lv 72 years agoFavorite Answer
I was cleaning out my purse and putting all silver coins into a coffee can, pennies into a jug, also picking up any I found around the house, I was given a jug with a coin counter top, you put in a battery, put in the coins one by one, and I have over $50.00 in silver, I now have almost $70. not a huge amount, but it looks like the jar should be full at around $200. so my plan is to cash it then and buy something that I want, like a new gas grill, patio furniture, the pennies will build until I take them to a coin place and I get a credit slip for a store I use so there is no fee taken out, it is so worth it
- Doug FreyburgerLv 72 years ago
We spend cash less each year. As a result we have less change each year. Putting our entire coin change for the year is now under $100 at the coinstar machine.
is it still worth doing. Shrug. When I paid with cash a lot I used to count out coins to minimize my change. Cashiers had no idea what I was doing. Bill of 18.52. I would hand them 20.52 to get 2 ones in change. It got to the point some couldn't even count the coins I handed them. No longer worth the effort.
I count my change as fast as I put it into my pocket. I am certain the cashiers think I don't count it. In fact I count it as it falls into my hand. I'm good with numbers so that's easy for me but it happens so fast it's invisible.
My wife knows I do it because she's seen a few times where I stopped before reaching my pocket and correct the change. You gave me an extra nickle or something like that. She asks how did you count it like that? I just decide to count and my brain does it. Lots of people good with numbers do that. Most aren't good with numbers so most don't do that.
As we spend less cash, this happens less often. it's hardly wroth doing now.
- ?Lv 62 years ago
In the long run - yes. We do this all of the time. We put spare change in a coffee can and once every 3-months, we go to the Credit Union, use their coin counter, take the receipt to the teller and deposit the money.
After a while, it really adds up.
- Brian McilweeLv 52 years ago
Yes. After 10 years of that I cashed it in and started a business.
But not everyone can do that.
Emergencies happen and then that $93 in your change jar becomes might important.
But...I guess it is worth it if you need money and you have it stashed somewhere.
Not: Tow Truck Drivers do not like small change.
- 2 years ago
Always a good idea. Whether you want to spend that change on a quick drink or vending machine purchase, or save it up a little long to add some cash to the bank, it's all good. Not to mention it takes almost no time.
- Casey YLv 72 years ago
6 of one and a half dozen of the other. There is no difference.
Personally, I'd rather spend my time once every so often just lugging that change to the bank...you will never use all of the change you acquire over time... An extra 30 seconds at the checkout counter twice a week is nearly an hour a year...takes me a few minutes at the bank...
- D.E.B.S.Lv 72 years ago
Since you're talking about 'easier', the easier method is to not use cash and pay by credit or debit card. There are almost no places which don't accept those these days.
- 2 years ago
one guy saved all the change he got from the spending. after 35 years he has 2.3 millions dollars. in texas or somewhere . heard
- DCM5150Lv 72 years ago
Obviously it is worth it as the only alternative to saving it is to throw it away (or I guess give it away). It would be exceptionally difficult (if you use cash) to spend an exact dollar amount every day or even every month (but have to carry around change every day)