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Cha Ching! Pennies Add Up

Created: On August 20, 2008 @ 8:42 pm In

I finally made a trip to the bank to cash in all the coins I’ve been collecting in a large jar. I knew I had collected a decent amount of coins over a period of about six months, but I was actually surprised that it added up to almost $70.

And because I was able to put the  money through a coin machine at my bank, I didn’t have to spend time sorting and wrapping all those pennies, nickels, dimes, and quarters. The bank’s machine also counted them for free, unlike the Coinstar machines at local supermarkets that charge a fee.

Every Little Bit Helps

Collecting spare change in a jar is a good way to accumulate a little extra to add to a savings account or petty cash fund. While $70 won’t stretch too far in this economy, every little bit helps. That $70 could:

  • Fill up the gas tank on my minivan
  • Buy a week’s worth of groceries
  • Pay for a new outfit
  • Pay for a ticket to a Broadway show
  • Pay most of my cell phone bill
  • Cover dinner for two at a nice restaurant
  • Pay for a checkup at the dentist.

Many people are too embarrassed to be seen picking up spare change on the sidewalk. Not me. I like find all those lost coins—and sometimes dollar bills—and adding them to my spare change jar to see how fast I can fill it up.

About the Author

Francine L. Huff is a freelance journalist and the author of The 25-Day Money Makeover for Women. She has appeared on a variety of TV and radio shows.

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