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Post by The Walk of the Penguin Mich on Oct 1, 2013 12:07:57 GMT -5
I need to find a new bank. I was using old spaghetti sauce jars for awhile and when I left KY, cashed them all in at the Coinstar machine. I now have a nearly $300 credit at Amazon.
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Wisconsin Beth
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Post by Wisconsin Beth on Oct 1, 2013 12:20:46 GMT -5
Pennies go into a warped (I ran it though the dishwasher) plastic couscous container at work. It's about 1/5 full. Silver change (nickel, dimes, etc) at work goes into my desk drawer for the vending machine. At home, I either give it to the kids for their piggy banks or leave it on our dresser. DH dumps his change on the dresser and in a bucket. Mostly it's all over the dresser.
Last time i collected all the change, we had over $100. I think I dumped it in DD's savings account.
I also keep a container with "odd/weird" coins - mainly foreign coins and pre-1964 coins. I don't know why 1964 is my cutoff date. Oh, there's bicentennial quarters, Kennedy half dollars, Sacajawea coins and Susan B Anthony coins in there too. That's not to be turned in or raided.
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Deleted
Joined: May 6, 2024 10:51:30 GMT -5
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Post by Deleted on Oct 1, 2013 12:29:56 GMT -5
1964 was the last year they minted silver quarters. Maybe that's why it's your cutoff date.
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Iggy aka IG
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Post by Iggy aka IG on Oct 24, 2013 13:49:30 GMT -5
I counted my penguin-bank change earlier this week. I have just over $16.
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donnafreedman
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Post by donnafreedman on Oct 24, 2013 14:48:51 GMT -5
All quarters go in a slumped-glass dish with a frog design (gift from a friend) for bus money. The other coins go into a pink piggy bank (gift from Wise Bread editor Will Chen) to accumulate. When my nephews are visiting the younger one likes to count and wrap them for me. They get added to the washing machine fund: Every time we do a load of laundry we put $2 in the jar. Our hope is to have a new machine paid for by the time we need it. Between the change and the singles we've banked $250 and currently have $33. The pig is starting to feel heavy again, so I will have to invite the little guy over to count them.
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dancinmama
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Post by dancinmama on Oct 24, 2013 18:43:52 GMT -5
I don't want to save change so I spend it as quickly as I can.
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sparks2710
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Post by sparks2710 on Jan 28, 2014 0:44:34 GMT -5
We are saving change towards down payment on building house. Also started the 52 week money challenge. Our plan is that at the end of the year we will take $1000 out to spend on Christmas between both our families and ourselves and the rest will go towards house fund. I know it doesn't sound like much but it's a start. We both put more in the envelopes for the weekly challenge than we are supposed to.
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ilovedolphins
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Post by ilovedolphins on Jan 28, 2014 12:06:36 GMT -5
I have a plastic kitchen container over half full and a small vase full of coins. I haven't decided what I want to do with it yet. I thought I might use it on a vacation. I also have thought about saving all the one or five dollar bills I get. I think it would be interesting to see how much you could save mindlessly by doing that. Other thoughts on what to do with the change includes - saving it for my daughter when she has my first grandchild or saving it for retirement in case I need food money . I use cash for all my purchases except my utility bills so I get quite a bit of it.
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Wisconsin Beth
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No, we don't walk away. But when we're holding on to something precious, we run.
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Post by Wisconsin Beth on Jan 28, 2014 12:28:46 GMT -5
1964 was the last year they minted silver quarters. Maybe that's why it's your cutoff date. I think 1964 was my Dad's cutoff date, likely due to that. And I just inherited it. I did take all the change in, around Christmas. I think it was around $70 and we split it between the kids' bank accounts.
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coffeegrl
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Post by coffeegrl on Jan 30, 2014 8:57:22 GMT -5
Every year I say that I am going to save my change and I end up raiding it a month or two in. This year I am determined to actually save my change! We'll see how it goes....
Hopefully I'll have enough to add to my savings account at the end of the year. As of last night, I have $4.87 in change. Woohoo!
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Artemis Windsong
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Post by Artemis Windsong on Jan 30, 2014 14:45:02 GMT -5
The pennies and other coins add up and are put into a little bowl. We take the quarters for coffee or church offering when I don't have paper money. I have started finding pennies again. One penny is more than I get on my savings account.
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murphath
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Post by murphath on Mar 12, 2014 11:22:53 GMT -5
I am toying with the idea of paying a young womans college tuition for 1 or 2 years. She is going to a junior college next fall she graduates this May. Her mom was a rentor of mine for a few years and a single mom, not that it matters but minorities also. She did well with the kids and I know its been a struggle. It won't be pennies but I know I can do it. Might give up a few extras but so what, someones future is more important, plus I hate to see young folks start out saddled with student loans. I think if those of us can we should help those coming up. We don't have grandkids, our son will be fine, we do have our DD that will need our help but a few thousand dollars isn't going to make any difference one way or another.
Now I don't know if she will be living on campus, I can't pay that part it would just be tuition, fees, possibly books, and things like that and I would pay it directly to the college.
The only thing that bothers me is our son played through high school, so I refused to pay for his college. After goofing off 4 more years he joined the military, got his degree and is now pursuing even more education. I think it would make him feel bad. But if we had that first year he would have played and wasted a lot of money we didn't have back then and maybe never did it on his own. He has done very well for himself so far, he will be 45 soon.
I haven't decided yet, I could do it on my own but really need to discuss it with hubby. I'm not sure if he will want to or not. Just need to think on this for awhile.
What a wonderful gift! And perhaps that's what you can call it: a graduation gift. There should be a way to set it up as a scholarship to be used for tuition/fees only through the financial aid office. The bookstore may also be able to set up an account for her but that's usually not the least expensive place to purchase books. Online and used are much better priced.
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donnafreedman
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Post by donnafreedman on Apr 15, 2014 0:14:12 GMT -5
All "found" money goes into a vase. At the end of the year I count it, round it up and write a check to the local food bank. I save pocket change in a piggy bank. Every so often I wrap and save it. Since I voluntarily cut back my work hours after MSN Money kicked us all to the virtual curb, these deposits are more important than they've been for a long time.
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