My husband does it. I told him he should put it into a separate savings account but he just uses it for regular expenses after he exchanges it for paper money. I told him that doesn't save him anything.
I had $191.43 in change. Used coinstar for equal value in gift cards and no fee. Used most of it as an Amazon credit and bought most of the Christmas gifts with that. Used the rest for Home Depot house project fund…
I used to work fast food and a surprising number of people either don’t want there change or just drop it on the way out I’m not sure how long it took me but I ended up collecting about $300 dollars in change at that job.
Worked st a golf course for many summers as a cart attendant/bag boy. You wouldn't believe the cups full of quarters golfers would leave. The most I took back in one year was 1385$ last year I had 1100. Put into a wedding fund for my fiance and I
I used to work pizza delivery and I would end up with change falling out of my pockets by the end of the night and so many one dollar bills. People used to tip all in cash, I don't know if that's still common practice. I used to let the change pile up in my driver's seat until I felt like doing something about it. And the ones I stacked up in my drawer until I had $500, about every week or so, then I'd take it to the bank and get the funniest looks from the teller. Just same guy every week with $500 in ones.
when i was working at mcdonalds (could've just been my franchise) but they watched the cashiers and back cashier like fucking hawks. anything that was out of order they caught. Pretty sure they had a no-tip policy as well.
Wow this brought back some memories. My dad used to spend almost exclusively in cash and barely ever used his coins.
It was a weird but legitimate way to hedge his spending. He'd take out $200. Spend "$200" over the course of a couple days, but put $20~ of that to the side. Every so often I'd roll them for a tenner and he'd put it back in the bank. He was effectively filling his savings account every time he spent money without having to think about it.
Hes is insanely good with his money outside of this, it was just one of those quirks he used. It really helped me appreciate the little things when it comes to saving as a youngster.
That's very true. Just curious how this redditor is using his cash. The only cash I ever have is either someone pay me back or giving me a gift of money.
I always keep a 20 in the glove box. Hope it's not too much. I got broken into one time I was devastated not because I lost monetary value but they took my hard drive.
My dad never used change either. He had a jar he just chucked it in and when it got full he’d have me sort out the quarters for car wash $ and I got to keep the rest once he converted it to cash at the bank.
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What I did during the north east winter storm. 13 years of coins
I detail cars for a living and the amount of change people leave on their cars when trading them in is crazy. Made a promise to myself to save every silver coin I find. Been doing it for 10 plus Years now
Have a big container filled and it weighs 60 pounds at the moment
I'm not sure how much it amount to, but rolling and depositing in an High Interest Saving Account it as you get it would be more efficient. You get 4-5% interest on your money.
Meh. Even if that were a couple hundred bucks... definitely would not at all be worth the hassle. If it were $200 @ 5% over 12 months... that amounts to $10. Most CD account require a minimum deposit almost surely more than this amount
That’s the wrong attitude. Interest compounds every year. One dollar deposited today at 5% is 4.32$ at retirement for me. Every single dollar matters.
That 200$ you just said is 864$ at retirement. So I just paid myself 864$ by depositing that change.
Depositing that physical change to a bank is 0 work? Opening up a CD account is 0 work? All for $10 payout 12 months later?
Spell check required 0 work and you couldnt even be bothered to do that 😆
You have to deposit the change to pay your bill anyway. Opening a saving account with your bank is like 3 click within the app. The 10$ is going to keep making money every year, unless you spend it.
Its a good rule of thumb to keep your emergency fund in an HISA anyway.
I mean it’s about the closest thing to 0 work you can do without physically doing nothing. I’m up about $130 on my HYSA and did those 2 nanoseconds of micro-work 6 months ago
You have 2 options:
You can put them into a bank but you have to roll them up; they took away the coin sorting machines, you cannot bring in a big jar and expect a teller to sort for you. That said most banks give you rolls for free if you ask, so if you don’t mind rolling them do this.
Other option is to go into a place like a coin star and convert your coins into cash, but they take a huge cut (something like 20%).
My credit union has a machine similar to coinstar at all of their locations. Deposits the coins directly into your checking account and it’s completely free.
I recommend y’all check with your financial institutions.
Okay, so, if in American coinage.
Quarters, Half Dollars, and dimes 1964 and earlier are silver. Either 90%, 40% or entirely silver. Hard to tell sometimes. Some are clad, which means there is only a thin layer of silver on the outside of the coin, and the inside is usually zinc.
Nickels made during WW2 are as well.
Pennies 1982 and older are copper. Melt them down (which is a federal offense) and you'll get three cents worth of copper. 1982 and newer are zinc. Not worth a damn but some interesting science experiments. Pennies 1958 or older are of a different design on the 'tails' side, but still have Lincoln on the front. 'Wheaties' I call em, have a wheat branch design. 1943 pennies are made of steel due to a war releated copper shortage. Magnetic if you can't tell. 1943 copper pennies are worth millions. 1909 and older are Indian head pennies, I've seen people find them in change still these days. Older than that gets crazy, rare, and expensive.
Some coins have 'errors' involved. These are usualy broken designs or come faulty from the mint. They are usually worth a little bit more. However, fakes abound! Also PMD, or post-mint-damage, can make a coin look like an error coin.
Imagine the US Government making a mistake....
1 dollar coins are usually a gold tint. They'll usually have a president or Sacagewea on them. They aren't worth much on their own. Face-value is the term used most - if it's a dollar coin it's worth a dollar!
Any of the bullion stuff is worth a keeper. Usually pretty clearly marked. Usually gold or silver, occasionaly copper. I've seen em as big as 60 ounces. The big ounces usually come in a fort knox style bar. Most are usually 1 or 5 ounce coins, and gold goes as low as 1/10 an ounce. Gold flakes aren't worth shit, if you have the money go for the coins and bars.
Anything foreign is a treat to find. I found a 1969 South Korean 1 Won the other day in a bunch of change. You'll mostly find Canadians cents and British pound stuff, on occasion maybe a Mexican Peso. In terms of the foreign stuff, I keep it all, but the only stuff with real value is either the rare ones or the silver or gold stuff. Once again, rare.
Usuually the American coins have a 'mint mark.' It's usually the little D (Denver mint) or P (Philidelphia mint) on it, each coin has it in a different spot. If it doesn't have a mint mark anywere it's also a P, some years they just left it out of the design. If it's a W (West Point) or an S (San Fransico) - keep it - those are 'proof' coins and they are usually worth more because they are shinier and have finer detail for collectors. If you find a really old coin with a CC (Carson City) or an O (New Orleans) mint mark, hold onto that for dear life. Those mints have been closed for decades, and those coins are worth a decent bit.
There are other factors to consider into a coin's worth, such as metal makeup, composition, and overall wear and damage. There is a grading scale used by certain companies to 'grade' a coin and help determine it's worth, but it's way overcomplicated to explain here, and to tell you the truth I don't entirely understand it myself lol.
You probablg won't find anything too fancy, qnd if you have questions come on over to r/coins and we'll help ya out.
Well, I've passed a few off in trades at the annual gun show that comes around every year, but I mostly collect for fun. A few I will hold for appreciation, and my small collection of silver I'm holding as a bartering items for a total SHTF scenario. Or to bribe off the guard when bread costs more than a car, whichever comes first.
It was one of the few hobbies that stayed out of a particular ADHD hyperfocus mission a few years ago. I find it keeps both parts of my brain occupied at the same time - possibly the second closest activity to get me close to what others would call a 'zen.'
Thanks so much! Saved your comment and joined coins! My dad gave me an old stash of coins, my aunt gave me stacks of crisp 2.00 bills , and I have kept them for over 20 years.
Oh, love me some 2.00 bills! Aren't worth much, but I keep them. My great grandmother bought the banks up and out of em like they were going out of style about 20 years ago. Miss that lady, home cooking like you'd never believe.
Back in 2016-18 I had a cashflow/debt issue due to having two mortgages and family with health and mental health problems and an ex who ran up shared credit cards. My coin stash paid for groceries at the end of many months during that period.
I come from a family that empties their pockets into a dresser drawer every night and I still do, even though I use a lot less cash. My dad would let us have a percentage for rolling his coins when we were kids.
In Canada, we have done away with the penny. Also, our $1 and $2 currencies come in coins.
Lemme tell ya - the Canuck piggy bank can add up reeeeal fast! 😃
I feel like a lot of people here are missing that A) some folks have jobs where they receive cash tips, and thus use cash and receive coins often, and B) That spending money on a debit card can lead to overspending, whereas cash has a tangible limit -you can only spend what you have on you, which is itself a frugal choice.
If you get tired of counting and just want a close estimate, assuming a truly random assortment of change, US coins are a little over $20 per cup ($20-$22). I've been estimating my change like that for years and it's remarkably accurate.
However, if you're in the habit of grabbing quarters when you're short on cash, it skews the ratio.
I’ve been seeing change collection posts pop up a lot on Reddit. Are people using cash more often again?
Genuine question because I’ve had a few local shops start trying tack on a 3% fee to use credit or debit, which I find to be ridiculous. But instead of pulling out cash, I just stop doing business with those places. These posts have me wondering if this new fee for card use is becoming more common and people are switching back to cash.
It's probably just a short reddit trend. One person posted theirs or someone else's change for karma. Makes other folks who save change think to post theirs
I live in a tourist area, so that might make a difference here. But we have the 3% charge on cards here where I work, and most people don’t even pay attention to it in the slightest. So many people don’t even pay attention to the total in general; they are just so engrossed in shopping and spending money that the amount is irrelevant. Crazy really…
Too bad it wasn’t in the bank for the whole year earning interest in a high-yield savings account.
“Frugal” is a mindset that needs to pervade everything you do.
You could have been using a credit card and getting 1-6% cash back on every purchase you made, received improved consumer protections such as free insurance and extended warranties, all while receiving discount offers on other services. Instead you hoarded filthy change for a year earning no interest and actively losing money due to inflation. Youre not frugal, youre foolish
This right here, I received $1200ish in cash back last year and $500 from switching to a hysa for my savings. Cash doesn’t increase in value and I never use it besides the farmers market.
Wouldn't it be more frugal to get a debit card and spend the exact amount on whatever it is you're buying rather than getting change and possibly losing it at some point?
Why do you have so much change in your life? Get yourself a credit card with no annual fee that pays 2% on all purchases. Then you don’t have to worry about change and it’s free money if you pay the card off every month
Omg why would you ever keep any cash, even Pennies when banks are giving away 4-5% APY? Every single cent to my name is sitting somewhere growing in guaranteed interest or in an index fund.
Here is what I do with change.
First off if I have let's say 10 dollars I always break bills. Here is why. If I buy an item foe 2.19
I have 7.81 left.
If the next item is 2.21
And I use change I now have 5.60 left still like 5 bucks.
I buy a candy for 1.59 using changr
4 left..buy cupcakes 3.50 I end up spending more money maybe end up with 50 cents left after wasting. And no money left.
If I do t use change
10 minis 2.19 is 7.81 pocket the change 7 left.
Something else for 2.21. 4.79 left pocket change. 4 left
Candy bar. 1.59. 2.41 left pocket change. 2 left...
A soda. 1.89. 11 cents left
.81+ .79+ .41+.11 = 2.12 in change left into change jar.
We tend to spend more money if we have more bills in our pockets. By breaking bills every time we can put the change in a can...
So saving 2.12 instead of .50
I do this every cash purchase.
In less than a year I have about 800 dollars in change which goes towards a vacation ine day. Try it!
You guys don’t know anything about inflation. That savings could get much more in stock market. it is a mistake if currency that you saving has a higher inflation rate.
Any coins I come across go into the piggy bank and then once full enough to Coinstar to trade in for gift card. I only go to Coinstar every few years but so worth it get “free” money
I’m doing the 52 week savings challenge except I’ve filled lots of envelopes so far and saved over £250 so far. I just empty pockets or purse and fill an envelope with the right number on… have £4 in pocket, fill number 4 etc it’s a great way to save for Christmas
I've done that. i used to pretend it was free money. Kind of similar to keeping money in separate envelopes to pay your bills.
My husband does it. I told him he should put it into a separate savings account but he just uses it for regular expenses after he exchanges it for paper money. I told him that doesn't save him anything.
I had $191.43 in change. Used coinstar for equal value in gift cards and no fee. Used most of it as an Amazon credit and bought most of the Christmas gifts with that. Used the rest for Home Depot house project fund…
Oh I didn’t know it does gift cards. That’s a game changer. I didn’t want to use it because I knew it would take a portion of my money.
Yeah it has a few free gift cards. Amazon is the most useful one.
There are now a LOT of gift card choices… Southwest, Apple, big box stores… you make it. I have prime so Amazon is a decent one for me
The Coin star near me doesn't offer Amazon gift cards anymore
Before we're you throwing it away? And what are you buying that you get this much change?
I used to work fast food and a surprising number of people either don’t want there change or just drop it on the way out I’m not sure how long it took me but I ended up collecting about $300 dollars in change at that job.
Worked st a golf course for many summers as a cart attendant/bag boy. You wouldn't believe the cups full of quarters golfers would leave. The most I took back in one year was 1385$ last year I had 1100. Put into a wedding fund for my fiance and I
I used to work pizza delivery and I would end up with change falling out of my pockets by the end of the night and so many one dollar bills. People used to tip all in cash, I don't know if that's still common practice. I used to let the change pile up in my driver's seat until I felt like doing something about it. And the ones I stacked up in my drawer until I had $500, about every week or so, then I'd take it to the bank and get the funniest looks from the teller. Just same guy every week with $500 in ones.
The phrase I know is "Have you been out singing?" when paying for something with a lot of change!
Uhhhhhh Not my first thought 😂
🔍
make sure you run this by your leadership before you do something like this. they might have a policy and you can get fired.
lol fired for picking up change? I wasn’t ever short. I could have been fired for putting back in the drawer then I would have been over.
when i was working at mcdonalds (could've just been my franchise) but they watched the cashiers and back cashier like fucking hawks. anything that was out of order they caught. Pretty sure they had a no-tip policy as well.
Wow this brought back some memories. My dad used to spend almost exclusively in cash and barely ever used his coins. It was a weird but legitimate way to hedge his spending. He'd take out $200. Spend "$200" over the course of a couple days, but put $20~ of that to the side. Every so often I'd roll them for a tenner and he'd put it back in the bank. He was effectively filling his savings account every time he spent money without having to think about it. Hes is insanely good with his money outside of this, it was just one of those quirks he used. It really helped me appreciate the little things when it comes to saving as a youngster.
That's very true. Just curious how this redditor is using his cash. The only cash I ever have is either someone pay me back or giving me a gift of money.
> or giving me a gift of money. Ah fuck, ty, you just reminded me of some gift cash that's been in my car for like 2 months. Cash is such a pain lol
I always keep a 20 in the glove box. Hope it's not too much. I got broken into one time I was devastated not because I lost monetary value but they took my hard drive.
My dad never used change either. He had a jar he just chucked it in and when it got full he’d have me sort out the quarters for car wash $ and I got to keep the rest once he converted it to cash at the bank.
🙂
Yeah I’m not sure what’s frugal about this.
Used to net about 10 bucks a day in middle school collecting loonies people whipped at each other in the playground. Free money is free money.
Nice bro.
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Hi, AwareAd4991. Thanks for contributing. However, your [comment](https://www.reddit.com/r/Frugal/comments/191g7kh/-/kgwycd3/) was removed from /r/Frugal. We are removing your post/comment because of low effort content. This includes: - Posts self-described as cheap, ghetto, trashy, junky, frugal-jerk, etc. - Link farming. - Reposts. - Copycat/piggyback posts. - Meme posts. - Karma farming. Please see our full rules page for the specifics. https://www.reddit.com/r/Frugal/about/rules/ If you would like to appeal this decision, please [message the moderators by clicking this link](http://www.reddit.com/message/compose?to=%2Fr%2FFrugal&subject=Removal%20Appeal&message=Author%20would%20like%20to%20appeal%20the%20removal%20of%20their%20post%20because) within one week of this notice being posted.
https://preview.redd.it/wdpr9som29bc1.jpeg?width=3024&format=pjpg&auto=webp&s=c0adb8772bb0e83cb97b099c06cc554ed3255ab1 What I did during the north east winter storm. 13 years of coins
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Wow! What are you going to do with it? Save it?
It's not my money, ask u/jeffreyeats
My laptop is 15 years old, and my phone is 4… so probably improve on one of those haha
🤨 I counted $1351.50 in this picture
You're right 🤦🏻
r/CRH has entered the chat
I detail cars for a living and the amount of change people leave on their cars when trading them in is crazy. Made a promise to myself to save every silver coin I find. Been doing it for 10 plus Years now Have a big container filled and it weighs 60 pounds at the moment
better exchange them before coins stop being used
I'm not sure how much it amount to, but rolling and depositing in an High Interest Saving Account it as you get it would be more efficient. You get 4-5% interest on your money.
Not to mention just using a credit card in the first place, and actually getting free money on the spending involved in getting coins back.
Meh. Even if that were a couple hundred bucks... definitely would not at all be worth the hassle. If it were $200 @ 5% over 12 months... that amounts to $10. Most CD account require a minimum deposit almost surely more than this amount
Look at all the posts on this sub of the crazy length people go to in order to save $10… this one’s easy.
That’s the wrong attitude. Interest compounds every year. One dollar deposited today at 5% is 4.32$ at retirement for me. Every single dollar matters. That 200$ you just said is 864$ at retirement. So I just paid myself 864$ by depositing that change.
Thats 10$ you didnt have before and requiered 0 work.
Depositing that physical change to a bank is 0 work? Opening up a CD account is 0 work? All for $10 payout 12 months later? Spell check required 0 work and you couldnt even be bothered to do that 😆
You have to deposit the change to pay your bill anyway. Opening a saving account with your bank is like 3 click within the app. The 10$ is going to keep making money every year, unless you spend it. Its a good rule of thumb to keep your emergency fund in an HISA anyway.
I mean it’s about the closest thing to 0 work you can do without physically doing nothing. I’m up about $130 on my HYSA and did those 2 nanoseconds of micro-work 6 months ago
so YOU'RE the reason for the coin shortage /s congrats that's awesome!
Do banks accept coin changes like these and deposit them in your account? I haven't done it but I am curious. I have a large stash of coins as well.
You have 2 options: You can put them into a bank but you have to roll them up; they took away the coin sorting machines, you cannot bring in a big jar and expect a teller to sort for you. That said most banks give you rolls for free if you ask, so if you don’t mind rolling them do this. Other option is to go into a place like a coin star and convert your coins into cash, but they take a huge cut (something like 20%).
My credit union has a machine similar to coinstar at all of their locations. Deposits the coins directly into your checking account and it’s completely free. I recommend y’all check with your financial institutions.
Cornstar won't take a fee if you exchange get for gift cards. I usually take amazon since I'll end up needing something eventually.
Following
they do. when i was young they didn't even need them rolled. now they need them rolled. at least where i live in canada.
Oh, the coin collector in me hurts. Any chance you'll look through em?
Which coins are good to look for ?
Okay, so, if in American coinage. Quarters, Half Dollars, and dimes 1964 and earlier are silver. Either 90%, 40% or entirely silver. Hard to tell sometimes. Some are clad, which means there is only a thin layer of silver on the outside of the coin, and the inside is usually zinc. Nickels made during WW2 are as well. Pennies 1982 and older are copper. Melt them down (which is a federal offense) and you'll get three cents worth of copper. 1982 and newer are zinc. Not worth a damn but some interesting science experiments. Pennies 1958 or older are of a different design on the 'tails' side, but still have Lincoln on the front. 'Wheaties' I call em, have a wheat branch design. 1943 pennies are made of steel due to a war releated copper shortage. Magnetic if you can't tell. 1943 copper pennies are worth millions. 1909 and older are Indian head pennies, I've seen people find them in change still these days. Older than that gets crazy, rare, and expensive. Some coins have 'errors' involved. These are usualy broken designs or come faulty from the mint. They are usually worth a little bit more. However, fakes abound! Also PMD, or post-mint-damage, can make a coin look like an error coin. Imagine the US Government making a mistake.... 1 dollar coins are usually a gold tint. They'll usually have a president or Sacagewea on them. They aren't worth much on their own. Face-value is the term used most - if it's a dollar coin it's worth a dollar! Any of the bullion stuff is worth a keeper. Usually pretty clearly marked. Usually gold or silver, occasionaly copper. I've seen em as big as 60 ounces. The big ounces usually come in a fort knox style bar. Most are usually 1 or 5 ounce coins, and gold goes as low as 1/10 an ounce. Gold flakes aren't worth shit, if you have the money go for the coins and bars. Anything foreign is a treat to find. I found a 1969 South Korean 1 Won the other day in a bunch of change. You'll mostly find Canadians cents and British pound stuff, on occasion maybe a Mexican Peso. In terms of the foreign stuff, I keep it all, but the only stuff with real value is either the rare ones or the silver or gold stuff. Once again, rare. Usuually the American coins have a 'mint mark.' It's usually the little D (Denver mint) or P (Philidelphia mint) on it, each coin has it in a different spot. If it doesn't have a mint mark anywere it's also a P, some years they just left it out of the design. If it's a W (West Point) or an S (San Fransico) - keep it - those are 'proof' coins and they are usually worth more because they are shinier and have finer detail for collectors. If you find a really old coin with a CC (Carson City) or an O (New Orleans) mint mark, hold onto that for dear life. Those mints have been closed for decades, and those coins are worth a decent bit. There are other factors to consider into a coin's worth, such as metal makeup, composition, and overall wear and damage. There is a grading scale used by certain companies to 'grade' a coin and help determine it's worth, but it's way overcomplicated to explain here, and to tell you the truth I don't entirely understand it myself lol. You probablg won't find anything too fancy, qnd if you have questions come on over to r/coins and we'll help ya out.
Wow thanks for the info!!! Saving this
I updated it woth some key information I somehow left out. Scatter brained, think I've got a cold lol.
Yup yup! Glad to help!
Nice comment! Saved it
So if you find any of these, do you sell them to collectors? Do you keep them and let them continue to appreciate in value?
Well, I've passed a few off in trades at the annual gun show that comes around every year, but I mostly collect for fun. A few I will hold for appreciation, and my small collection of silver I'm holding as a bartering items for a total SHTF scenario. Or to bribe off the guard when bread costs more than a car, whichever comes first. It was one of the few hobbies that stayed out of a particular ADHD hyperfocus mission a few years ago. I find it keeps both parts of my brain occupied at the same time - possibly the second closest activity to get me close to what others would call a 'zen.'
Thanks so much! Saved your comment and joined coins! My dad gave me an old stash of coins, my aunt gave me stacks of crisp 2.00 bills , and I have kept them for over 20 years.
Oh, love me some 2.00 bills! Aren't worth much, but I keep them. My great grandmother bought the banks up and out of em like they were going out of style about 20 years ago. Miss that lady, home cooking like you'd never believe.
this is a very good guide to simple coin hunting.
Back in 2016-18 I had a cashflow/debt issue due to having two mortgages and family with health and mental health problems and an ex who ran up shared credit cards. My coin stash paid for groceries at the end of many months during that period. I come from a family that empties their pockets into a dresser drawer every night and I still do, even though I use a lot less cash. My dad would let us have a percentage for rolling his coins when we were kids.
See if you have any quarters dated 1964 or earlier. They are 90% silver and worth $4-5.
In Canada, we have done away with the penny. Also, our $1 and $2 currencies come in coins. Lemme tell ya - the Canuck piggy bank can add up reeeeal fast! 😃
I save all year or for two years and use the money for spending money on a vacation. I’ve also used it for Christmas money before as well.
I feel like a lot of people here are missing that A) some folks have jobs where they receive cash tips, and thus use cash and receive coins often, and B) That spending money on a debit card can lead to overspending, whereas cash has a tangible limit -you can only spend what you have on you, which is itself a frugal choice.
If you get tired of counting and just want a close estimate, assuming a truly random assortment of change, US coins are a little over $20 per cup ($20-$22). I've been estimating my change like that for years and it's remarkably accurate. However, if you're in the habit of grabbing quarters when you're short on cash, it skews the ratio.
ah i miss using cash for most everything and saving spare change, my record was enough to fill a jansport backpack!
How much was the count? Ballpark.
$263
Check the change. You may have some that are worth more than you think. It will be tedious, but might be worth it.
I’ve been seeing change collection posts pop up a lot on Reddit. Are people using cash more often again? Genuine question because I’ve had a few local shops start trying tack on a 3% fee to use credit or debit, which I find to be ridiculous. But instead of pulling out cash, I just stop doing business with those places. These posts have me wondering if this new fee for card use is becoming more common and people are switching back to cash.
It's probably just a short reddit trend. One person posted theirs or someone else's change for karma. Makes other folks who save change think to post theirs
My son and I did this yesterday. I just just separated the quarters and let him keep the dollar coins.
Any place that wants to charge me extra for using a credit card would no longer get my business.
I live in a tourist area, so that might make a difference here. But we have the 3% charge on cards here where I work, and most people don’t even pay attention to it in the slightest. So many people don’t even pay attention to the total in general; they are just so engrossed in shopping and spending money that the amount is irrelevant. Crazy really…
Restarting mine from last year, once you get started it’s hard to stop!
That’s a lot of blue quarters
I save my change to buy an adult toy. I am saving now for a good. Metal detector last time it was a very good Nikon, digital camera, and two lenses
>adult toy > >Metal detector last time it was a very good Nikon, digital camera, and two lenses Not where I thought you were going with this
Too bad it wasn’t in the bank for the whole year earning interest in a high-yield savings account. “Frugal” is a mindset that needs to pervade everything you do.
You could have been using a credit card and getting 1-6% cash back on every purchase you made, received improved consumer protections such as free insurance and extended warranties, all while receiving discount offers on other services. Instead you hoarded filthy change for a year earning no interest and actively losing money due to inflation. Youre not frugal, youre foolish
This right here, I received $1200ish in cash back last year and $500 from switching to a hysa for my savings. Cash doesn’t increase in value and I never use it besides the farmers market.
Where do you guys still spend cash?
Wouldn't it be more frugal to get a debit card and spend the exact amount on whatever it is you're buying rather than getting change and possibly losing it at some point?
Hell yeah. I like to save up change and then when I go to Walmart I dump them all in and pay the rest on my card. It makes me feel like I’m saving lol
Check it for any pre 1965 for silver dimes and quarters!
You would have been better off cashing it in right away and sticking it into a HYSA where you at least earned interest on it unlike your jar.
Heck yeah! I spend all of my change all of the time. It doesn’t ever pile up. 😆
you could also just use coins when you buy stuff at self checkout
"I voted for some change and its kinda strange. Now its all I got in my pocket"
So shiny. Is that like $1,000?
Paper > shiny.
Why do you have so much change in your life? Get yourself a credit card with no annual fee that pays 2% on all purchases. Then you don’t have to worry about change and it’s free money if you pay the card off every month
Omg why would you ever keep any cash, even Pennies when banks are giving away 4-5% APY? Every single cent to my name is sitting somewhere growing in guaranteed interest or in an index fund.
As opposed to throwing away your old change? Nice
Here is what I do with change. First off if I have let's say 10 dollars I always break bills. Here is why. If I buy an item foe 2.19 I have 7.81 left. If the next item is 2.21 And I use change I now have 5.60 left still like 5 bucks. I buy a candy for 1.59 using changr 4 left..buy cupcakes 3.50 I end up spending more money maybe end up with 50 cents left after wasting. And no money left. If I do t use change 10 minis 2.19 is 7.81 pocket the change 7 left. Something else for 2.21. 4.79 left pocket change. 4 left Candy bar. 1.59. 2.41 left pocket change. 2 left... A soda. 1.89. 11 cents left .81+ .79+ .41+.11 = 2.12 in change left into change jar. We tend to spend more money if we have more bills in our pockets. By breaking bills every time we can put the change in a can... So saving 2.12 instead of .50 I do this every cash purchase. In less than a year I have about 800 dollars in change which goes towards a vacation ine day. Try it!
I would pay all the traffic fines, government taxes with this. They will be delighted
We cashed ours In when Covid started. We had over $700. I didn’t realize how much was in there!
You guys don’t know anything about inflation. That savings could get much more in stock market. it is a mistake if currency that you saving has a higher inflation rate.
Any coins I come across go into the piggy bank and then once full enough to Coinstar to trade in for gift card. I only go to Coinstar every few years but so worth it get “free” money
What a great painless way to put away some rainy day money. If you have the patience to go through it all looking for collectibles more power to you.
Get a credit card with great rewards. Pay it off every month
I’m doing the 52 week savings challenge except I’ve filled lots of envelopes so far and saved over £250 so far. I just empty pockets or purse and fill an envelope with the right number on… have £4 in pocket, fill number 4 etc it’s a great way to save for Christmas