Just like the other one, okay, so I’m no songtress, but the Pink Floyd lyrics I’m referencing here aren’t exactly what you think, instead I’m relating this to rolling…drum roll please…..coins. Yes, I roll my own coins, now if that ain’t cheap I don’t know what is. See, I don’t use cash very often so I’m not in the habit of pulling coins from my pocket to pay for this and that. Instead, I rarely have cash on hand and when I do use cash and get the change back it ends up accumulating in the mason jar in my closet.
Since it takes several months to fill up my mason jar with coins (or closer to a year or more) I don’t want to waste 8.5-cents per dollar on CoinStar, which would automatically count my change for me. There’s also something cathartic about rolling my own coins; counting them out, stuffing them into the paper rolls, then totaling up how much I’ve saved in spare change. It doesn’t take very long since the most I’ve ever collected was in the $55 range. Probably the only downside to this is having to physically go to the bank to deposit them into an account since most of my banking is done online – even depositing checks.
Now, if I were a more diligent saver, I’d use my coin savings for a purpose like camping, shoes, etc. “putting my money to work” or so Julie over at the Family CEO likes to say. Sorry to say I’m just not that regimented with my found money, instead it just gets deposited into my regular old account and is used to pay bills.
If collecting coins is something you do, here are some places to pick up a few extra (I’m not condoning stealing, mind you, just pointing out the obvious):
- In your car’s cup holder.
- In between the cushions of your couch.
- Within the folds and pockets of your purse (if you’re a chick)
- Floating around the bottom of your backpack (if you’re a student)
- In the gutters of just about any street (don’t get run over picking up a nickel)
- On the sidewalks outside convenient stores (watch out for the gum)
I’ve started my new coin savings jar with a few left overs that didn’t quite fit into any of the previous rolls with the anticipation of rolling some “big bucks” next year. 😉
Do you collect your coins and roll them, or just save them?