Spare Change....what to do with it

Gary O'

Gary O'

SF VIP
Location
Oregon
Those coin gobbler machines are rather fun to use

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But, then, I'm rather fascinated with those flopping air guys too

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However, the coin gobblers kinda irk me by taking a noticeable percentage for using them

So, I chatted with the bank people
They'll take rolls of quarters....not the other coins (of which is fine by me....I'll toss those into the gobblers)

Anyway, turns out a beer mug will hold 100 bucks of quarters

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and a fish bowl will hold approx. 100 bucks in lesser coins

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I'm good with that

Off to the bank I go

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There are SOME banks that have the coin grabbers. But you have to be a customer of the bank to do it with no fee. I keep a jar on my counter where I put my change. About once a year I will go and cash it in. If I feel I have enough to make it worth the fee,
Coinstar will give you a gift card and then not take out the fee. I may use that option next time, if they have one I could use..like Amazon or something.
 
2 credit unions I use have free coin counters for members, print out a receipt, & you can take it to a teller & have it deposited into your account. Or if it turns out to be a round number, can get it back in bills if you want. These days I use cash so little it takes a year to get enough change to bother. Also, it’s been quite a few yrs since any of the banks here would accept home-rolled coins.
 
I drop mine in a jar. That was fine when I was out running around and or working. Now days I don't
get out much so don't get any change. Takes a long time now to fill a jar. Used to give jars of silver
to the grandkids, they would roll the pennys for me which I would take to the bank once in a while.
That was then this is now. Had a small jelly jar of silver coins sitting on my desk for ages t seems.
 
A buddy used to throw his change in a box every night, and in no time, he had a good sum of money. So, I started doing the same. Now, I have a huge glass jug filled with change. I can't budge the darned thing. But exchanging coins for cash is hard to do. I'm not using those store machines, which charge 15%, and like everybody already has said, banks aren't change friendly. So, I went cashless. Everything on the card-no more coins.
 
I once sat down and rolled all of my loose change...I had hundreds of dollars worth. I even bought one of those battery operated coin sorters for the task.

But I made the executive decision to pay the Coin Star fee for the pennies...they were not worth my time to manually roll, even with the help of the sorter.

So I lugged in two boxes on 2 trips because they were so heavy and ran them through the machine. $62.00 in pennies! Six thousand, two hundred pennies!!!

I don't do THAT anymore.
 
I haven’t cashed in any of my change that I have around the house in years....I can’t do those roll things.

Dont think my bank takes them...maybe I will do that machine that takes a percentage or I’ll just leave it and when I die an dthe kids come to clean out the house....there’s their inheritance!! :)

Lately I don’t get so much change since I always use my debit card. Their inheritance is dwindling.
 
I use the quarters at the car wash, and the nickels and dimes go to an occasional lottery ticket. I save the pennies, and when we go to the Ameristar casino in Kansas city, I dump them into their lobby fountain. I usually put a small handful of coins in my pocket when I go shopping, and take a couple of seconds to give the cashier the dollar fractional amount. I use a credit card for any larger purchases, but for the $5/$10 stuff, I just pay cash.
 
fuzzybuddy said:
A buddy used to throw his change in a box every night, and in no time, he had a good sum of money. So, I started doing the same. Now, I have a huge glass jug filled with change. I can't budge the darned thing. But exchanging coins for cash is hard to do. I'm not using those store machines, which charge 15%, and like everybody already has said, banks aren't change friendly. So, I went cashless. Everything on the card-no more coins.
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I recycled mine through my church. When the plate is passed, the kids come around with baby bottles, and the money that they collect goes specifically to helping children in the community.

So I keep mine in a Ziploc bag at church for that purpose, and replenish it rather than let the stuff accumulate.
 
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