Do you know how to save your coins?
By charms88
@charms88 (7538)
Philippines
April 1, 2007 5:20am CST
I am probably a miniscule group of people who bother to keep every coins I have. I witnessed a lot of people who would ignore the coins and either leave them with the cashier or throw them away once they are out of the establishments.
On a tour to Japan last year, I noticed that the Japanese, despite all the wealth, would still keep every yen they have. It is not unusual for them to pay the exact amount most of the time. They would not pay one yen more than the actual price of any merchandise and would similarly demand that they get no less than their exact change.
The Americans, on the other hands, spend time clipping discount coupons out of newspapers. For them, even if it is just 10 cents, still means they will be paying a little less for an item. If all discounts are added up, that can mean a pretty respectable saving.
Here in my country, we have a term called "Amor Propio" meaning we ignore the coupons and throw away our coins. Do you also have this same kind of attitude? How do you explain your utter disregard for the coins you have? Or do you know how to save up on all your coins? Do share your thoughts.
13 people like this
31 responses
@yanjiaren (9031)
•
1 Apr 07
I don't only save my coins in a jar but I pick up the ones I find on the floor lol as I was once told that they are little blessings..So I collect them ans collect the blessings that come with them..I t all adds up..sometimes I give them away to poeople that need them..It all circulates..like qi..
@mskzalameda (4023)
• Philippines
1 Apr 07
maybe a no for this. i don't save coins because i always run out of coins! i always use coins in my transportation. i pay the driver the exact amount needed for him not to abuse me on getting too much from my paper bill ha ha! it is better for me to give the exact fare rather than the paper bills which i might forget soon ha ha! but when i was a child, i love putting coins on my piggy bank. i am a thrifty person. i love to save on the bank and not on my pocket especially too much coins. i love exact estimates? ha ha!
3 people like this
@weemam (13372)
•
1 Apr 07
My son has a money box upstairs , it has a slot in the top to enable you to put the money in it , My husband myself and my son put all our small change in it , we have a machine in a lot of our big supermarkets where we can empty the money from the box into , Whatever amount goes into the machine the store will give you a voucher or cash for , the last time our money box was emptied we received over $60 , my son was really pleased . it is almost full again, xx
1 person likes this
@byfaithonly (10698)
• United States
1 Apr 07
Oh I save every single penny - I have a jar for pennies, another for nickels and dimes, and a third for quarters. Pennies we save until the jar is full then cash them in and do something like go out to dinner someplace nice (usually arounf $50 when full). Nickels and dimes are for my son when he wants a soda or something, and quarters are for emergancies or laundry. I don't clip coupons - I buy store brand or no-brand and found those as good and easier than hasseling with sorting through coupons although I have known some people who saved a lot of money that way.
@DeaXyza (577)
• United States
2 Apr 07
oh dear it seems I am in your group. I never give away my coins! I keep everyone of them infact when I need to give change I do not give coins but instead whatever coins I get I horde them and once it comes over a $200 I exchange them for cash at the Coinstar counter ( it is a machine that counts your coins to exact change) and then buy something special, something that I had my eyes on for a while! Yes I do use some of the coupons but not all of them. Mostly the household items coupons get used.
Hey I believe in a penny saved is a penny earned. :)
1 person likes this
@thanuarun (290)
• India
5 Apr 07
i'll keep it in seperate boxes one for daily use if i needed,other is saving for my baby,i'm getting so such coins per day may me i'll get a minimum of rs.500/month(more than $10)hows it??..i'll not ignore the coupons...also some times i'll ask for a discount..
1 person likes this
@wolfie34 (26771)
• United Kingdom
4 Apr 07
As a child my grandad always taught me look after the pennies and the pounds will look after themselves. He was always finding money in the street and it actually amounted to a fair bit, he was on a tight pension and would amaze me with his finds! From 1p to notes even! My mum always taught me to save, especially for a rainy day, money was tight in our home so it taught me a lesson to look after and save my money, I guess it's never left me.
1 person likes this
@greengal (4286)
• United States
1 Apr 07
Ohh Charms looks like you have a ton of money that you want to throw away..hehe...I wouldn't mind if you sent me your coins! We don't throw away change (coins) instead put it in a jar or piggy bank. Pennies add up to dollars, we should always remember that. No point in throwing away coins and coupons unless you are might rich! ;)
1 person likes this
@Alexandria37 (5717)
• Ireland
2 Apr 07
I do quite a lot of my shopping locally and when my shopping comes to so many euros and a few cents, the shopkeeper usually tells me to keep the coins. It is good business for them to do this as I will always go back to them. My husband and son usually throw all the coins into a drawer and expect me to get rid of them. I used to bag them and take them to the bank and then lodge them to my account. Then I noticed a big charity box in the lobby of the bank, so that is where I now dump all our loose change. Last time I took all the coins to the bank I had over three hundred euros. I get great satisfaction in giving them to a worthy cause and we don't miss them.
1 person likes this
@MsTickle (25180)
• Australia
3 Apr 07
Where do you live??
I've never heard anything so ludicrous. I simply cannot understand why anyone, rich or poor would throw money away. I often find a bunch of 5 cent peices where they have obviously been thrown and I pick them up thinking that person's stupidity is my good luck. This doesn't happen a lot in rural Australia though the big cities with all the tourists might be changing things.
This will devalue money. Don't people have any brains? Don't they realise that small amounts add up to large amounts as surely as day follows night?
I'm flabbergasted. LOL
@charms88 (7538)
• Philippines
3 Apr 07
Just check on my profile and you'll know where I came from. Am afraid some posters might boycott me if I type down my country's name. Sadly, a lot of the people here are doing it. They like to show to others that they're rich when they are really poor.
@anonymili (3138)
•
4 Apr 07
Gosh I don't know anyone who throws their coins away. What an awful thing to do and a total disrespect of money!
I always keep the change I get from my purchases and either reuse them elsewhere or put them in coin bags and take them to the bank to cash them up into notes. Sometimes I take them to the local supermarket and put them in a counting machine which charges 7.5% for cashing them - the money they charge supposedly goes to charity which is fine by me as long as it's not going to the supermarket!
1 person likes this
@Rexy_leigh (1189)
• Philippines
4 Apr 07
My parents taught me to save every coins left from my daily allowance since I was in grade school. They always buy me a piggy back every start of the school year and will only break it when the school year ends. And I love that though coz by then I would have accumulated an amount good enough from just those coins.
And yeah, even until now, I still have a piggy bank with me aside from the small savings account I have in the bank. I hate it when I see some people especially the growing ones who just ignore the coins, especially the 25 cents that we have. I have always told my younger siblings to save every coin they have. :)
@lovesfreedom (1245)
• United States
3 Apr 07
In many stores here, they have cups that say, need a penny? take a penny...have a penny? give a penny....this is to help those who might need that extra cent to finish their purchase.
I for one save my coins, I have a special place I keep them and when it is full. I take them to the bank and send them through the sorter and get cash for them. Sometimes I have anywhere from $100 to $200. I tell you they add up!!
1 person likes this
@daycarepal (1998)
• United States
1 Apr 07
Oh I save all my coins! In fact I tend to embarrass my family because I will stop and pick up a penny off the ground. Today I was shopping at a store called Big Lots. I spotted 3 pennies just sitting there on the floor. I bent over and picked them up and stuck them in my pocket. If I didn't take them they would probably get swept away into the trash.
We have a large plastic water cooler jug that we save all of our change in. You will be surprised how fast it all adds up. We usually empty it out every 2 months. Last time we cashed it in there was about $75.00. Now that's no spare change :)
1 person likes this
@whyaskq (7523)
• Singapore
1 Apr 07
If it is coins in my home currency, I will keep it and use it. It's money and legal tender. I am not that rich to throw money away. It's useful for flagdays.
If I travel to another country, I will 'get rid' of all the coins first so that I will not bring back coins. It sort of messy to me, keeping coins in foreign currency as I am not a currency collector :P
@Vanessa_Blair (20)
• Philippines
1 Apr 07
What i did to my coins is im going to put it in a donation box which helps the sick children, if ever i didnt see any box then i put it in my piggy bank. Simple as that...
@taymouse (585)
• United States
1 Apr 07
I live in America and I like to save money because I'm not rich. I will go for discounts and savings if they are availiable to me. However, if my change is just a few cents, I will usually drop it in a charity box or tip box or something like that. I despise pennies, so I like to get rid of them. But I also like saving my money. However, a few cents to a donation box doesn't make that much difference to me.
