Do you save your Pennies?

Generally I divide all the loose change I find between my two daughters piggy banks, except the quarters and dimes. Those end up in a huge plastic jar on the top of my refridgerator. That way when we are broker than broke we can cash the coins in for diapers or gas or milk or whatever we may need. but pennies usually end up in the piggy banks. When my daughters bank is full of pennies and nickles is houses roughly $70... which is when we go to the bank and make a deposit. I look at is as, every penny counts towards building up for a college education!

Yeah you are right. there are pennies everywhere I have this big piggy bank and really it is huge haha almost bigger than my head not joking though and I think it has been with me for about 1.5years and I have been putting all my pennies and coins there. Sometimes also paper money. It is not even half full though. I wish it were full already. can't wait to see how much I've saved

at the moment I think we all have to save our pennies, and they certainly do mount up, once upon a time they were just a nuisance but today they mean so much more to those who have to be careful..

Here in the Philippines we have 5-cent and 10-cent coins. You can get them as change when you're in a supermarket, o a mall store, because these are the establishments with prices like Php 12.95 or Php 20.65. Outside of these stores you practically have no use for you 5 and 10-cent coins because nobody accepts them. Prices of things are usually in increments of 25 cents, like 1.00-1.25-1.50-1.75. So, I have lots of these 5-cent and 10-cent coins which I keep in a box. When you give these coins to beggars, even they won't accept them. You will often get them as change but have very little opportunity to spend them. I still keep some of these coins in my purse in case my groceries add up to something like Php542.35. I give the cashier the exact amount so I can get rid of the 5-cent and 10-cent coins. Since they at the supermarket give them away as change, they have to accept them as payment as well. I'm guessing my box of 5-cent and 10-cent coins would amount to about Php100.

Hi Payout, Yes, I do save all my change and I do pick it up off the ground when I see it. People that don't do this would be surprised at how quickly it adds up. I keep track of it as I add it to my jug. I get anywhere from 15.00 to 20.00 per week. I just cashed some in today actually because I needed gas and food. One year I saved all year long and I had not kept track but just kept adding to it. My jug was a little over half full when I cashed in. It was over 600.00!!! One thing I found in keeping track of it is that once it reaches a certain amount, I don't want to touch it and won't unless it is for something we really need.

I personally save all my change and I also will pick up change that I see laying around in parking lots and such. I save it in an empty 5 gallon water jug until I need a little extra money, then I take it to the bank to cash it in. Its really surprising how it can add up over time.

I do the same thing, and the change really does add up nicely. Unless, that is, I have to surrender a bunch of quarters to my daughter in college for laundry! That is no fun, and sets me back terrible. But hey, she's my kid! Do you have to prepare the coins before you take it to the bank? I used to count and roll the coins. Took time, but it was required. Now, my credit union has a coin counting machine that makes the job a snap. Of course the machine embezzles 3% off the top. Boo!

i do an although there s been some talk about stoppng the production of pennies here in Canada, for the time being, i will continue to save them in my jar.

Yes, this is something that I have done from childhood. My parents used to call it the "saving habit" and they encouraged both me and my sisters to adopt this. My dad used to say, put it away every week and forget about and one day, you will have a pleasant surprise when you count it. I do it now too. I guess it is a habit that I can't stop - but a good one I reckon.. _Derek

Yes. I put them into 50 cent rolls and the rolls sit in a drawer. I haven't cashed them in yet because it is annoying carrying so many pennies at the bank.

Yes I put them in a jar, and when I save up $16, I order pizza.

Yes! I save ALL my change! I put the pennies in one jar and then my silver change in another jar. I put it somewhere where I just forget about it and then when it fills up, I go and cash it in! I would use this money to pay off a bill or for something extra special for myself. My brother saves all his $1 dollar bills and sticks them in a drawer. He had told me that he has over $100 in ones now. Crazy how fast money adds up when you just forget about it!

Yes we have always saved our pennies and as the economy went bad unfortunetly we save less because monthly we need to cash it all in. But we also save as much of our change as possible. I think saving our change has taught my kids that saving is important. It feels pointless at the time of dropping that one coin into the piggy bank but when my kids go to cash it in they are so excited by how much they saved. I think if we all tried to save our change or even our pennies all year long most of your Christmas gifts could be covered. How exciting would that be!!! lol : )

I have been saving my change in an old water jug for a while now and while it barely covers the bottom of the jug there is more then $25.00 in there I can only imagine what it will add up to when it is full. It seems it used to add up quicker but now I use my debit card for most of my purchases which means no change.

I don't save pennies. I spend them as much as I could. I avoid coins to be accumulated in my possession because if I do this I'd be in a way an instrument in creating a problem in the circulation of currency. Many people have the tendency of keeping their pennies in their piggy bank o plastic jar so the circulation stops there and hence shortage of coins happen. For this reason our Central Bank has been requesting people not to collect coins. They must be spent on a regular basis to avoid creating abnormal shortage which cause problem in the market.

I put my spare change in an old margerine container. When it gets alot I put it in my Christmas account. I rarely leave money in my pockets! I do find some in the bottom of my hand bag from time to time! I used to have to save the quarters for the laundry mat. Now I have a washer and dryer I don't have to anymore! When my sister was married to her first husband he never cleaned out his pockets! My sister always found extra change when doing wash! She usually left it on top of the washer! She collected alot of change!

Why would one need to save your pennies? Why not spend some? Many people leave pennies and other small changes in their car, their pocket, and everywhere. Since many people in the US rely on debit/credit card to pay for purchases nowadays, many pennies end up sitting in a jar, car, and everywhere. One does not have to be great on math to spend pennies. For example, if you go to 7Eleven and your total is $1.01. Just take out $1.00 and a penny. No need to use your debit or credit card.

I certainly do. I save all of my change and constantly scan the ground for coins. Pennies add up to dollars. When you run out of food, your coins might be just enough to buy you another meal.

yes i do that, saving my pennies really help me. it can be a situatinal fund that can help me in many problem. i take my pennies into a frog jar from soil. many people ignore when they get exchange in pennies form. i think they have just waste their time. the just waste their money. if you coleect pennies little by little, i think that will be a big money. so dont forget to save your pennies. it can help you oneday;

And loonies and toonies, I live in canada so if you don't know what they are they are $1 and $2 coins. I save those as well and I put them all in a jar as well and every once in awhile I roll it all and take it to the bank. The last time I rolled it all I had $350. I probably have about $100 again in there. Those loonies and toonies add up really fast. When I am walking somewhere and I see money on the ground, even a pennie, I will pick it up. I know a lot of people that won't. I have some friends that will laugh at me for picking up a pennie or even a quarter. Believe it or not, a good place to pick up a lot of change is in a casino parking lot. I have seen people come out of the casino and they are so mad they take all the change out of their pocket and they throw it. I have seen this happen so many times I laugh. One time I saw this I went and picked it all up, well maybe not all,maybe I missed some but what I picked up was about $8.00. I really liked that and put it in my jar when I got home. littlemissy signing off for now, talk to you later my friend