What Should I Do with My Loose Change?
Vložit
- čas přidán 6. 06. 2024
- SUPPORT us on PATREON: / twocentspbsds
SUBSCRIBE to Two Cents! goo.gl/jQ857H
What better time than a national coin shortage to reflect on the importance of your loose change!
Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.
Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson
Directors: Katie Graham & Andrew Matthews
Written by: Andrew Matthews
Executive Producer: Amanda Fox
Produced by: Katie Graham
Edited & Animated by: Joe Rothenberg
Images by: Shutterstock
Music by: APM
My boyfriend and I save up our coins throughout the year and we use it to pay for our anniversary dinner each year. It's always enough for a fancy Italian dinner and ice skating or another activity!
@Varoon It takes a year of saving coins for a nice date :) poor young men are everywhere, you just can't have mine!
@@abbyhenderson9574 awww
@Varoon No haha, we do this all by choice! It was meant to be a comical comment. We began dating in 2016 when both of us were working minimum wage jobs and walking around the block for dates as neither of us could afford a car. Now we are much more comfortable but we both appreciate the intimacy of sharing our entrees at restaurants or only ordering an appetizer because we could only afford $10 each week for dates. Love is the most important thing! We loved each other when we were poor and I know that if we lost everything today we would not lose the love and respect that we have for each other. The anniversary tradition is so special to us!
@Varoon Same here! Saving money and building credit are the two most powerful things you can do while you are still a student or establishing your career. I hope you find someone who has those values too!
Wow that’s a really neat idea. It probably racks up over a year!
60million dollars worth of coins in the landfills !?!?! Welp guess I know where I'm goin ...
Lol there's also jewelry there probably that people accidentally threw away actually theres probably alot of valuble stuff tossed out too
@@awesomecomputers7076 including hdds full of cryptocurrencies :p
@@beskamir5977 yeah
Have fun! Banana peels and quarters, which will your hand feel?
That's one of the reasons why landfill mining is a thing. en.wikipedia.org/wiki/Landfill_mining
This is one of my favorite videos. The history lesson of the piggy bank brought a smile to my face.
I one time had $60.00 in coins. So I used the money to buy groceries, kept some of the money to myself.
Good to know that *Two Cents* won't turn into *One Nickel* any time soon.
Yay!
Not unless they are from 1982 or older. Then they already are.
Just remove coins all together and adapt or change outdated machines to accept contactless card(and mobile) payments
keep ur 2 cents, lol
@@Rifat.Rafael.Birmizrahi you realize that to adapt everything to card payments its extremely expensive at a country level ? many machines using coins that could not be changed to card payments
@@dangita5664 There can be a transition period (maybe 2 years) where every new machine must accept card payments and during this period old machines working with coins can either be replaced or adapted.
Maintaining coins is also not that cheap for a country and changing to card/mobile payment systems is a great way of future proofing and not to mention it is extremely more convenient for everyone.
As a Canadian who hasn't needed to use pennies in almost 10 years, I don't know a single person that misses them. I worked in retail during the changeover and it made it slightly easier for everyone when giving change. We also round down as well as up so that inflation point is moot.
Right? Why did they think they could ONLY round up? Silly
Yep, it definitely wasn't worth all the fuss that media made over it. And if the US Mint wants to not waste money on the penny, they can just replace the 1 on them by a 2. And it won't cost them a penny to do so 😉
The us, also chopped the half cent coin in 1857, and I want to move to canada, why, just think, Also the half cent coin was chopped was worth more than todays dime, us
Us Americans are built differently.....if only we can put old Abe Lincoln onto another piece of legal tender ..................... hmmmmm
Australia dropped the penny a few years before Canada, so there was an example to look to for reassurance.
I used to work in a bank and our branch had a coin machine so you would just dump all your coins in it, it would count them for you, and you'd bring the receipt with you to a teller to deposit the amount into your account. It was especially popular when Canada got rid of the penny. Also, it made a really satisfying sound.
Such a logical concept. America will never adopt it!
@@Raja1938 my bank has one and I live in VA. Then again, I bank at a credit union. I don't know what regular banks do.
The best part is because it's in the bank, the processing fee is waived if it's just going to be deposited into your account.
Mmmmm, I can definitely feel those good-sounds vibe.
@@Raja1938 my credit union has this. I am in Texas.
Wish all banks did that but not all do.
The timing of this video is really funny because my dad just counted all of the coins he has been hoarding over the years and now he has over $2000 in just coins and we don’t know what to do with it LOL
Coinstar and then an Amazon shopping spree!
Invest it!
Hold is and save it. Turn it into Constitutional Silver Coins pre- 64 Silver quarters Dimes and half dollars. Coinsurance.
U go to a small groceries shop they them change in return of paper money, this what I do.
Give it to me
When I was a kid, my family had a change jar that all 6 of us contributed to. Once a year, we would roll all the coins and take them to the bank. The resulting coins became our spending money at the fair. Really showed me the value those coins have when you add them all up.
lol, and socialism!
Was the 1 nickel, 2 dimes, 3 quarters, and 4 pennies trick new to anyone else?
I immediately knew it was right, but it totally blew my mind.
Would 2 nickels and one dime also have the same effect? Because then it would add up to 99 cents (not like it matters).
Brian Phung 2 nickels,1 dime, 3 quarters, and 4 pennies would be 1.04$
It blows my mind but canada already got rid of pennies so i guess it would be 1 nickel two dimes and 3 quarters here
It isn't a big deal. I do it everyday and, nobody told me.
@@brianphung3392 they'll have the same effect. You can pay everything from 0,1 to 0,99
Sentimentality? More like _cent-imentality,_ amirite?!?!
Booooom!!
@@TwoCentsPBS hi. I really love your educational videos, I've learned a lot. can you do a video on budget/cheap traveling? that will means a lot!
What a crap comment.
@@montanamike7948 , ah, irony... utterly lost on those who exhibit it the most.
I literally JUST found a tote bag full of coins next to my apartment building's dumpster.
Give them bum coins a job in the stock market.
@@tonymosley6951 I don't think todays stockmarket is sensibly valued
@@fionafiona1146 Agree, but there's plenty of undervalued individual stocks out there.
@@tonymosley6951
Stockpicking isn't for beginners and times are a little erratic, I'd more likely spend additional money (beyond my regular investment/savings) on my flat or "the gold standard" than expect market returns trough immoral money managers... Not that OP should take my choices for advice.
fiona fiona Great! You are so right!
Maybe they should do it as our country did it once when removing 1 and 2 "cents":
- 0,01-0,02 = 0,00
- 0,03-0,04 = 0,05
- 0,06-0,07 = 0,05
- 0,08-0,09 = 0,10
- payments with cards/non-cash payments were still using cents
Which eliminated needs for smallest coins yet partially kept them "useable" and kept inflation in bay.
But it's Muricaaaa. They can't do anything rational
TBH, I doubt we'll get rid of them any time soon. The reality is that people carrying cash don't necessarily mind and everybody that's likely to care the most uses plastic. The people that use cash and hate pennies are not a very large lobby and unlikely to spend money trying to influence policy.
Probably the only people that really want them gone would be retailers and people that are trying to eliminate government waste.
I’m in Canada. We had this done years ago too
NuSpirit just let all the prices end with 0 or 5 to simple but I get the round up/down system. That includes any taxes also.
Also you want to round up the whole bill not just each individual item that also keeps inflation at bay.
During highschool I paid for everything in cash, so I accumulated a lot of change. I saved it all in a 1 gallon jug and cashed it in at a bank when I graduated for around 300 bucks. Pretty sweet graduation gift to myself. Not exactly a piggy bank, but it worked!
I genuinely like this couple. It's a synchronous choreography of economic knowledge delivery.
Hahahaha! What a flattering way to put it!
In Canada, we solved this penny problem ( cent for us) a long time ago. 1&2 are rounded to zero 3&4 to a nickel. So far no hyperinflation.
Yes that's called rounding.
Elfish Coder it is. Somehow the US economists haven’t figured it out yet though.
True, #Canada, with love from other places
The issue of pennies isn't really the point.
@@elfishcoder7287 lol 😂
In England, hating coins is like a national sport lol
Well at least we dont have old money anymore.
Meanwhile in Europe, they have coins with absudly high values.
@@sohopedeco Really? Isn't 2 euros the highest coin? Unless you mean outside the eurozone
@@tomuhawk96 I like the new plastic notes a lot better xD
@@beasttitanofficial3768 Yes, 2 Euro is the largest one used in practice. However they minted some with higher values for collectors. I have a 10 Euro coin made from silver, that is legal currency in Germany, but of course I keep it. There are also coins from gold I think, but they are worth (and cost) much more than the imprinted value.
I see so many pennies on the streets, I tend to take it and drop it my coin bucket. It adds up. For those people who dont want thier pennies, Feel free to give it to me.
I used to work at a tourist attraction where people dropped change a lot, and my coworkers would sweep it up and toss it! So I volunteered to do all the sweeping each night and would sometimes find 2 or 3 dollars in change each shift. And minimum wage at the time was $6.75 so it was so useful!
I always pick them up. Anyone throwing away money is an idiot. Our nation is in debt. Imagine someone already up to their neck in debt, throwing away money. How dumb.
walk across any parking lot, loads of coins, and bill as as well.
Penny saved is penny earned. always try be aware and act as if u dropped it then collect and save and by time u go to cash in then u have hundred plus to spend , do so years ago and went to bank and came out hundred plus to added to any more i got stored away.
exactly,I am a second option for that!
i remember when my mom passed she had buckets of change hidden in a closet.
it took me an entire day, but in the end it came out to about 250 dollars.
You are accurate when saying that the ancient name of the piggy was "puggi". That's a greek word for a coin purse. You did your homework (as usual) in the best way!
I usually add up the items prices' in my head so I can have exact change ready at check out. But given that in the US the sales tax is not yet reflected in the price advertised, that doensn't seem like a viable option for American. And greetings from Europe, btw.
Yep, it's kind of hard to calculate 7.75% in your head - but we know that the price will end in either a 1 or a 6, so if you can get close, you can be very confident of the final price.
True, After Canada, gotta move to western Europe, probably Ireland
Exactly. I'll bet the added tax at the cashier is largely the cause for the coin shortage in the first place.
I just went through my change drawer and found about $50 in dollar coins, and some Mexican coins from 1895 🤔
Dollar coins are cool for collections. Most have different people on them.
Dang!
keep them those old coins could be made out of silver
@@greedpower565 They are. They are worth about $87 USD!
@@SavageBunny1 can be if its older than 1968, after that not so much.
When I used to pay in cash more often and began tracking all my spending, I learned to round up to the nearest dollar when it was time to log the expense. Then I saved my change until my vase was full. I even saved pennies separately, since the other coins added up much faster. My vase easily held $125-$150 when I was time to empty it.
Time to be a garbage man to get rich off of everyone's throwaway pennies!
My husband works as a helper and he'll bring a couple of euros and money from the Bahamas a week. Never been to Europe or the Bahamas but the coins from the Bahamas are gorgeous!
2021: What’s a penny?
Did anyone else think they were just playing a married couple when you first started watching this? Or am I alone in this
The kid is a hired extra
Plot twist: they're still playing a married couple... they're just really serious actors.
I thought they were just co-workers on this program.
I honestly questioned it, but didn't care too much.
@@natalee6654 omg you have the same name as me 😂😂
I use all my loose change as a small emergency fund. Not something for a job lose but I i need to replace a tire on my car, I have enough to cover that
I rarely get coins, since it's not like I ever pay for anything with cash- but when I do, I collect them in a plastic bag and give it to the first homeless person who asks.
I pick up loose change all the time whenever I'm out. Parking lot at work, the store, park. I estimated one year I probably collected around $20 in loose change. It may not sound like a lot, but that's 2-3 fast food meals for free! A penny saved is a penny earned as far as I'm concerned, regardless of how little the penny may be worth. It all adds up in the long run.
In my country South Africa, we have already dropped the 1c and 5c pieces.
Also something many who go to the bank don't realise or think about is that when you get money from the Teller, is you can say in what bills or coins you want it in. Too often people just take what ever they give. Usually the biggest bills to fill or request for money.
Wipping out a huge money bill at the shop (store), causes much distress to the cashier there. More often than not when I come with my small bills to pay, the cashiers beg for me to give them all to them (swapping them out for a larger bill from them) as they don't have enough change to give to others.
Between the car guards and petrol jockeys I don’t think I’ve had a coin last me longer than a day. 😂
You are such a fun combination of an educational and entertaining channel... I just love the way how you two (and team) bring complex info in a simple way...!!!
Bring back penny arcades. Best way I can think of to find a use for the pennies if no one wants to abolish them.
"Insert 500 pennies to play"
Slots
Yeah, don't think that's sustainable
I have been accumulating a massive jar of change that I labeled my family rainy day fund for a while now. We are planning to take a nice vacation as a family to Disney World for the very first time and we believe that this rainy day fund will definitely be a major contributing factor.
Thank you guys from the bottom of my heart for all your valuable content! I have learnt a lot from this channel. Life long fan...
Throw it into a wishing well and wish for more coins
Imagine your wish comes true and a few tonnes of loose change (which is a few tonnes of metal) just drops on your head and you now have to spend it all for medical bills 😂 (after tax of course 😉)
throw*
@@EmperorZelos oops! Thanks for you're correction, typed it a little two quick their 😉
@@financiallift6185 there*
@@jaredhammonds8255lol pretty sure it's a joke. Hence the two vs too and you're vs your
Back when the world was a little more normal, I once saw a person who had two buckets of coins and took it to a coin machine. It was epic because it definitely took even the machine by surprise as it counted all the change 😂
Heh. A little more normal...
oh my god the animation at 5:09 of the coin jar hobbling forward then backtracking after the hand stopped it is freaking adorable
I don't tend to use piggy banks, insead I use coffee cups. when a cup gets full I sort it out, and take it to the bank, or a coinstar if I'm feeling it's not worth sorting. Interesting factoid, a coffee cup worth of coins is generally around $60.
Another use is If a rainy day hits before it's full, you can use that cash to buy gas or groceries before your next paycheck. It's also useful for getting your bank account positive to avoid the dreaded overdraft fee for that time you charged gas and could have swore it hit your account two weeks ago. this saved my butt more than a few times when I was in my 20's.
But like you said, be cautious with who might accept what payment. Turns out some "self service checkouts" are more than happy to take a ridiculous amount of coins, and will give you dollars back, so long as you make a purchase. Just make sure there is no one in line behind you, or you will be the most hated person in the store. I usually went shopping at 6AM thanks to my 3rd shift work schedule, so this was never a problem for me.
I take my coins to Walmart's self-check out at night. I would buy something I needed and then just pay entirety in change. This was easier to do before Covid.
Wait people actually pay at self checkouts? I just pay for like 3 items and forget to pay for my other 7 items
@@luisalmodovar6548 😂
I am surprised that not more people hold on to their change. Here’s what I do with mines everyone. Whenever I get them, I shove them in my pocket and when I get home, I toss them in a jar that racks up quite a heavy sum that I cash out every year on my birthday. I’ve consistently gotten anywhere from $120 to $160 on every receipt (and that’s with the counting deduction included!) That’s right, every birthday I have well over an additional $100 to spend willy nilly on stuff. The moral here? Hold your change! Set a cash out date once a year and you’ll be surprised how much in change you’ve accumulated if you’re consistent in holding them! That’s my two cents! 😊
After about 15-20 years, I amassed a $1,600 change collection. My goal is to sort through them and see if there are any coins of value, but it's such a daunting task I don't know if I'll ever get around to. Yet because I don't want to lose out on cashing in coins that might have more than face-value, I hold onto the heavy currency. Vicious cycle.
You could make this more managable by doing it a bit at a time. Maybe you pull out a few handfuls to sort through while sitting down to watch a show at the end of the day. Or give yourself 30 minutes one day a week and you'll get through it sooner than you think. You'll just need to get a second bin to keep the coins you've already checked in. Good luck!
I just use the change every time I can (paying for bread, a coffe or small purchases that cannot be paid with a card) so I only have a few coins in my purse. They come and they go 🤷🏻♀️
Wait why can’t it be paid by card?
prolly lives in some rural area
I used to do the same thing, so I'd have exact change ready at the fast food drive-through. With the pandemic though, Coinstar is a better option.
In Europe we save loose change for the times when you don't have a money to buy food and basic suplies.
But our coins are mostly worth something, highest values being between $1-2, e.g. €2, £2, 50 CZK, 5 PLN, 20 DKK, the Swiss even use a 5 CHF coin. In the US, although $1 and 50 ct exist, they are relatively rare in circulation, so the highest coin is worth 25 ct.
@@barvdw Our coins are 1, 2, 5, 10 and 20 dinars. That is like less then 1cent for 1 dinar XD But if you are patient enough you can collect enough. I am talking about Serbian and generally eastern Europe.
@@miljantrajkovic1862 I hope you don't mind me saying, but there is a difference in what you can expect as income in Serbia and most of Central and Eastern Europe, compared to what you can expect in Western Europe, as well as the US, though. Not saying you're rich when you make €500/month in Serbia, but you'd hardly be able to pay for a student room in parts of Western Europe, let alone an apartment. If I collect perhaps €2 in coins, I could hardly pay for a simple drink in a bar, you might pay for a ćevapi with it. There are regional differences in the US, too, but they aren't as stark.
@@barvdw Restaurant and bars are always quite expensive and you cannot expect as a working class to go in them regularly. But food in supermarkets have a same price, in some areas we have a more expensive food because the market is not that big. It takes around a year to collect 20 euros in Serbia in change. You can pay food for a week for that money if you know what to buy.
I'm ol school ! I save my loose change and roll them once my jar is full 😉🤘🏽
6:02-6:10 I love the pneumonic device at the end, this will help me remember this trick
Loved this video! I keep a coin purse within my regular purse. I pay cash for a lot of my purchases, and it helps me pay in exact cents. Plus I use coins for cheap items like tea and parking meters. There are so many uses for them!
3:53 - I am looking at that early coin bank skeptically. Things that look like that have cost me a lot of money over the years. 😏
I am jealous of pre-Covid Julia's hair lol, they look so epic. I haven't had hairstyle in salon in so long #jealous #gorgeoushair
Why does this channel not get the attention it deserves? I really hope my generation and the next take advantage of all this info.
3:28 "Thank you for that spontaneous and not at all pre-planned question." LMFAO!
"Thank you for that spontaneous and not at all pre-planned question"
This was a really good video! I love coins, they're everywhere and extremely valuable! I find about $100/yr in loose change in passing. This year I'm going to invest it into an ETF and see how it can really grow over time 😊
I used to save the state quarters and only state quarters out of my change. Over the course of a few years they added up to several hundred dollars. Probably the best thing to do is get a little tool to wrap the coins for the bank. Policies obviously vary, but you're more likely to have them accept the coins if they're wrapped up.
A lot of people literally throw pennies away. A lot of institutions will charge you a fee for processing for taking your coins, lowering it's initial value. They cost more to make than they are worth. Please tell me why we should keep the penny around?
Get rid of the penny. It cost more to make it than it’s actually worth. 😅
Can’t even remember last time I carried change.
I've never been charged when exchanging rolled coins to my bank. I'd never heard of that
6:07 wait, that's actually a thing??? I thought I was just being neurotic when I'd plan out exactly what coins to bring to have the least amount with me and still be able to make exact change! 😆
I love the 1234 thing. I've got a coffee can with, I estimate, $200 of change in it. I usually wait until it's full, about $300, and put it in the coin machine, but why wait?
Also: I don't care about being the most hated person in the store. No one in front of me ever seems to feel the need to hustle, so...Golden Rule, they must not want me to.
I just realised I literally have 3 jars of loose change 😮 I wonder how much is in there, maybe enough for something nice 😄
Lol I hold onto alot of my change and got alot from my family, I'm probably gonna just hold onto it just because lmao
If you go to a bank and ask for coin paper rollers usually they'll give you a bunch for free. You can roll up your coins and take them to the bank to turn into paper cash or deposit. My mom used to get the paper rollers and have me and my sister roll up jars of coins when we were a kid and then we'd take the rolls to the bank and deposit them into our savings accounts.
Emily Specter I think only kids have the time to do that. If you’re counting pennies and your hands are stupid like me you’ll literally make less than minimum wage counting your own money.
Invest in Kodak like everyone else. Lol
Take it to a Coinstar machine and opt for the gift card. I did that years ago and it even spat back a few Canadian & British coins I'd somehow had in the jars!
Stock and gold have really dealt with me...I think am switching to crypto currencies...
Yes its time we swap to invest in crypto currency...bitcoin is really the future
People should not be afraid when trading bitcoins because whether the rise and fall of economy or anything won't affect you,make your future brighter by making good investment
Crypto has no centralized location because it operates 24 hours a day in different parts of the world.
I actually invest in crypto and its really profitable,bitcoin investment is great unlike the stock market and other financial markets
The best way to excel in trading is having your self a good broker like Mr Kendrick
Hey Two Cents! Warm wishes from Barbados! Would like to know your take on the financial risks in marriage, especially on the topic of divorce for both men and women. Are there ways to protect oneself outside the popularly offensive prenuptial agreements? Why is it often offensive to many but they understandably will wear a seatbelt? Thanks in advance and I look forward to the video(s) sometime in the future! Enjoy & Stay Safe!
Really a wonderful channel!! Wonderful content & wonderful couple 💑
I love my piggy. He’s not going anywhere. I collect change wherever I see it!
SAME
Or perhaps just hold on to it... The metal costs more than its current value anyway... Maybe a generation later its value could be 5x more 😇
No the metal is only a fraction of its current value unless it is real silver coinage. Soon when we go digital only the coins will be recalled and will have actual value above face value. Some people think this is the beginning of the change recall.
Yo, I actually carry change and that 1-2-3-4 is a huge and helpful thing for me. Thank you!
The best channel on CZcams is bringing us the content we didn't know we needed.
I keep all my loose change and it goes into a giant empty bottle that I've had since I was 8. I've never emptied it.
wow,you must have alot!!
@2:38 is my fave graphic of all time
Your videos are so fun to watch and informative in a interestg way. I love them!!
Who collects the money out of wishing wells? Is it a city employee that gets to keep it, or the city takes it 🤔
Generally the city take them.
Some go to charities, but otherwise it is the property owner, regardless of if it is a city or a private business.
tl;dw take it to a coin machine (usually at grocery stores) that will give you a gift card for a place you already shop at to skip the processing fee.
Im in Canada - we have $1 and $2 coins. I put all my loose change in a large change purse. Once every 3 months or so I count it, roll it, and take it to the bank in a Ziploc bag. I often get hundreds of dollars back. Very useful around birthdays and Christmas. I purposely use cash just to rack up coins. 👌
I had two piggy banks as a kid, one was a ceramic pig and one was a wooden owl. I used the pig for a while, then realized that I had to break it to get the change out, so I switched to the owl with the stopper. That change from the early 80's is still in that pig...
Real old schoolers: "You kids, thinking you had it rough. We had to carry gold - one of the heaviest currencies - around in our pockets, and risk being robbed for actually valuable stuff. It was only with the invention of paper money did you guys get it sooo easy."
I love this channel. I hope to grow my channel as much as you guys have! Love everything finance
I used to watch your videos years back and now again stumbled upon a few great videos... You both are amazing... Its Very delightful and nostalgic to see you again.... Super cool 😎
Yeah, i do the 1-2-3-4 thing, my change typically fluctuate between about 50 cents to about 4 dollars. When it gets on higher end I prep the combination(or something equivalent, say 3 extra dimes if I'm short on quarters) for my next visit to the places that I use cash(where those coins originate from).
I never knew about the piggie bank thing that is so cool!!
I don’t understand why America has pennies simply they should adopt the Australian model where the denominations start from 5 cents to $2
Americans rarely do anything sensible.
This is really interesting to me. I'm Danish and we got rid of the 25 øre coin (= 0,03 USD) in 2008 so now the smallest coin is 50 øre.
Our grocery prices often ends in ,95 - fx 19,95 DKK (meaning 19 kroner and 95 øre) even though the 5 øre coin has been gone since 1989.
Stores do round up OR DOWN your bill to the nearest 50 øre today - but only if you pay with cash. And Denmark is basically cashless anyway.
I don't understand the fear of prices being rounded up by retailers if the penny is removed, in fact in my country (Norway) our equivalent of the penny (øre) has entirely been removed from circulation, not just the 1 øre coin, but also the 2, 5, 10 and 50 coins as well, as they have been deemed useless value wise. Individual price tags have not been rounded up to the closest coin equivalent as a result of this, and if we pay by card the exact total, including the øre is still taken out, but whenever we pay cash only the end total is what gets rounded to the closest coin value. Works pretty well. We're also slowly becoming more and more a cashless society with a lot of cashless ways of paying and transfering funds to each other. And many of these methods even come without fees.
I get excited when I see a penny on the ground, heads or tails doesn’t matter.
After a successful investment you have nothing to worry about, whether the rise and fall of economy or anything won't affect you,make your future brighter,by making good investment.
Crypto is the future
With the current increase in I think now is the best time to start investing in crypto
People don't know that crypto can be a legit way of making money online
Trading crypto has been a game changer for me
I'm enjoying working under a platform that brings good gains in my life
I use a tzedakah box to collect all of my change which can then be used for charitable purposes.
After all, if one doesn’t need the change, why not give it to those who do?
My preferred recipient is the local food bank. For every dollar that I give, my local food bank provides on average four to five meals for those in need.
Of course, I believe that those who are blessed with more should give more than just pocket change, but a tzedakah-type box is the perfect way to rid oneself of change while giving to those in need.
And that’s my two cents.
I used to pick up coins on the ground when I was a little kid. My dad and brother would always get annoyed with me, but I ALWAYS had a lot of money as a kid because of this. As I started getting older I stopped because I felt picking up change was embarrassing because my bro and dad kept telling me to stop...
"11% of people said they’d rather throw a penny into the trash than hang on to it." really?!?!
I'm guilty of it. Probably have thrown away almost 100 pennies in my life
I use cash so infrequently that having to have change is just a burden. Since tolls don't accept pennies around here they're practically only possibly useful for me once every half year or so, pre-rona. It just doesn't make sense for me to keep them around.
Blame all the people who used their coins to make floors. Whoever popularize that trend needs to be banned in using coins.
Useful info!
Whole Foods self checkout has a change feeder built into it as an option of payment. Last week I dumped a 1/2 pint jar of change into it. It totaled ~$8. Then I paid the difference with my credit card.
Or you can pay for everything using credit cards, pay it off in full every month and never have to deal with this.
.........😐
Whenever I would go to the store with my dad he would always let me keep the change. It was great when I was younger.
Once a month, I make sure my change purse is restocked with two dollars of quarters, a dollar's worth of dimes, six nickels, and ten pennies. I love the look I get on the cashier's face when I'm able to give them exact change, down to the cent!
In my country we actually have sort of donation tip jars of different charities in each store and people usually just put their change and “little money” in those jars, and this way they support those charities. I think it’s a great solution :)
President Abe Lincoln smiles @ 2:57. Awesome!!!
I think you guys deserve some more appreciation for the animations and content👍
Not at all pre-planned question😂😂😂 ya funny, love your videos!!😍 pls keep making them🙏
Very useful lesson as always. Thanks for sharing
Pro tip: I like to walk through my neighborhood for exercise. I practice intermittent squats by picking up pennies and recyclables. I clear about $25/month and am the same weight at 50 that I was in high school.
If people would learn change management, we wouldn't have a coin shortage or a "need" for Coinstar machines. If your purchase is $X.yy and you have enough in coins to cover 'yy' then hand that to the cashier so you only get a few coins, if any back.
Nice and informative.
In Poland we had couple high inflation periods. At some point people start to use aluminum coins as a nail washers, because they were half of price of it.
That 1-2-3-4 rule is awesome!