Saving the coins and loose change
By Alex Socorro
@Alexandoy (65308)
Cainta, Philippines
January 4, 2020 1:20am CST
In our living room, there is an ash tray that holds the petty cash - that is the money which is for marketing and other needs. For the loose change, I put in a small jar. When the jar is filled, I put the coins into a bigger jar. At the end of the year, those loose coins can amount to something.
16 people like this
18 responses
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
Is the credit card the standard mode of payment there? Over here it's still cash especially for small purchases.
3 people like this
@LadyDuck (471421)
• Switzerland
4 Jan 20
@Alexandoy Yes, almost nobody uses cash anymore, the contactless card is the best way to pay.
2 people like this
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
@LadyDuck in South Korea, I have noticed that they were paying with the cell phones. I just don't know what kind of payment is that, may be a credit card.
3 people like this
@petatonicsca (7070)
• Japan
4 Jan 20
I don't keep any money in the house when I'm not home... in Japan if your house is broken into, they take cash, not electronics because cash can't be traced.
2 people like this
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
Just loose change wouldn't hurt if the thieves... wait, do you mean to say there are thieves in Japan?
3 people like this
@petatonicsca (7070)
• Japan
4 Jan 20
@Alexandoy yep and my house was broken into once... once every six months or so one house or another in my neighborhood gets broken into. I couldn't believe it either.
1 person likes this
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
You are like my wife who saves the loose coins in a big jar. My estimate would take here 10 years. But then she bought a bamboo cylinder that she uses as her bank for the coins. Maybe she can fill that in 3 years.
1 person likes this
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
I have 1 jar full of small coins for the church but I keep forgetting about it. My jar of 5 peso coins was consumed by the carolers.
1 person likes this
@rakski (123245)
• Philippines
4 Jan 20
@Alexandoy My father in law gave the small coins to the church already. Same here with the five peso coin so I am starting a new one
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
@rakski my small coins jar was filled before Christmas. Maybe tomorrow I can ask someone to bring it to the church which is just in our village.
1 person likes this
@lynnwrites (148)
• United States
4 Jan 20
It's really amazing how quickly loose change can add up!
We have a container that sits by our kitchen for loose change. It's a pint glass milk jug right now, last month it was a Christmas bowl. It holds the change we find while we're out and about. At the end of the month, I empty it into a bigger milk jug and it eventually gets rolled when we have enough in there.
So far this month we've added $0.67 to it. 
1 person likes this
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
It looks like we have the same style of saving. In a year that can amount to something.
1 person likes this
@Archie0 (5652)
•
21 Jan 20
I have been thinking to make a jar for coins since long time as well. I love saving money but lately I am not able to save anything because I have been spending on food take away a when I am not feeling too well. I have decided to not buy any food take away for the upcoming month
@Archie0 (5652)
•
22 Jan 20
@Alexandoy I have some coins saved in a body lotion jar. I will make a bigger jar as other coins that I saved recently are lying all over. Do you save enough?
@Alexandoy (65308)
• Cainta, Philippines
21 Jan 20
Get any kind of container that will hold the coins. My piggy bank is a biscuit can, 2 of those for each kind of money - one for coins and 1 for paper bills.
1 person likes this
@Alexandoy (65308)
• Cainta, Philippines
22 Jan 20
@Archie0 my annual savings always go to the budget for carolers. It is my personal tradition to encourage caroling so I never fail to give money and treats to the carolers.
1 person likes this
@Torunn (8607)
• Norway
4 Jan 20
I've put all the money I get from bottle deposit (there's a deposit on all cans and plastic bottles, but not on glass bottles anymore) in a jar. It's mainly for those days when I can't find my purse, it happens every now and then. I pay mainly with card, but when I can't find any of the cards, it's good to have some cash.
@Torunn (8607)
• Norway
4 Jan 20
@Alexandoy I've got several cards. Normally I carry two, some times 3 or 4. Some places you can also pay with your phone.
But when none of those work, cash is good
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
I always have a little cash in my wallet. Sometimes my credit card is denied so at least I can pay for the purchases I made.
1 person likes this
@Alexandoy (65308)
• Cainta, Philippines
5 Jan 20
@Torunn I have 3 credit cards but when one fails or denied, I pay in cash. But if the purchase is quite big then I have to resort to the other cards, waheehee.
1 person likes this
@sprite1950 (30452)
• Corsham, England
22 Jan 20
My sister does this and she saves up around £500 which she takes on holiday. I always seem to use my change for the school as they are always asking for something.
@sprite1950 (30452)
• Corsham, England
22 Jan 20
@Alexandoy Yes she doesn't use her loose change much on a day to day basis so it's worth it for her.
@Alexandoy (65308)
• Cainta, Philippines
22 Jan 20
Gee, what a big savings that your sister has for one year - a budget for a holiday.
1 person likes this
@hereandthere (45645)
• Philippines
21 Jan 20
we also have one in the dining room for the new 1 peso, 5 peso and 10 peso coins. we use it to buy pandesal, newspaper, and give as alms.
for the 5 cent, 10 cent and 25 cent, i use them when paying the electric and water bill.
@Alexandoy (65308)
• Cainta, Philippines
21 Jan 20
@hereandthere it looks like the central bank released samples only. I was fortunate to have a piece, waheehee.
1 person likes this
@Alexandoy (65308)
• Cainta, Philippines
21 Jan 20
This reminds me of the new 20-peso coin. My wife got one from the bank that said they were given only 20 pieces by the central bank. It's like year 2020 so 20 pieces only, waheehee.
1 person likes this
@cherigucchi (14876)
• Philippines
6 Jan 20
@Alexandoy That is correct. I taught my kids as well.
1 person likes this
@Alexandoy (65308)
• Cainta, Philippines
4 Jan 20
That's nice to hear. Maybe you learned that in grade school too?
1 person likes this
@JESSY3236 (19942)
• United States
15 Jan 20
I used to use a mug for my change. Now I use a jug, but I hardly have change on me.
@Alexandoy (65308)
• Cainta, Philippines
15 Jan 20
I have an ash tray and a jar plus an empty biscuit can. Oh, so many containers for loose change.
1 person likes this
@amitkokiladitya (171927)
• Agra, India
5 Jan 20
Yes...these coins are a great help when we don't have money...
@Alexandoy (65308)
• Cainta, Philippines
5 Jan 20
When you save coins it is like having something for emergency.
1 person likes this
@amitkokiladitya (171927)
• Agra, India
5 Jan 20
@Alexandoy yes....I agree. I have used coind a few times when I wanted to save my notes
1 person likes this
