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Why Save Coins?

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If you're like most people, you probably question how fruitful the simple act of stashing change can be. Arguably most shoppers view loose change as merely a tool to help them keep from breaking the more valuable bills in their wallets or purses. If this is the case with you, it may surprise you to know how much change you've handled without much regard. Statistically the average person has acquired $800 in spare change this year. That's especially good news for coin savers, because the average person isn't trying to save coins. One thing veteran coin savers understand is how quickly they can build small fortunes by collecting change with a little concious intent. But coin saving is enjoyable for much more than just the experience of cashing in your quota. There's also a cumulative enjoyment in not knowing how much money you have! That pile of quarters, nickels, dimes, and pennies grows mysterious with each weighty deposit, encouraging you to guess how much it's worth. So how long would you wait to count it? Whenever that day is you decide to, nine times out of ten the accumulated dollar amount will be much more than you anticipated, thus encouraging you on your way to a wise (and fun) habit. But of course getting there will take time for the neophyte, so what's the best way to get motivated? Perhaps the best way to begin saving coins is to decide on a a primary purpose for your saved change. Is there something you would like, but don't need right away? Good. The experience of saving coins is always worthwhile once you have reserved a point for your effort. So enjoy adding every coin to your savings, and you'll no doubt be smiling the day your spare change pays for the things you want!

So what are the super-secret-magic techniques for coin saving? Let's list them in order of difficulty:

  • Pick up any change you find. This includes pennies. Remember, even small fortunes can be made up of pennies.
     
  • Save all the change from your purchases throughout the day. When you are at the store and your total is $10.47, pay $11.00 cash and save the 53¢ that you get back. This will build your savings faster than you can imagine.
     
  • Be dedicated to your goal. It's all for your fun and well-being anyway, and you'll soon find that rewards of diligent saving are addictive.
     
  • Take the time to roll the change yourself instead of using a local coin-to-cash machine for obtaining bills. These machines aren't free, so the old-time method of taking your coins to the bank makes much more sense when you're saving coins with a goal in mind. (Many coin sorter are available here that will make your personal change rolling quick, easy, and fun.)

Lastly, owning a piggy bank is always a good idea if you're the traditional type . Remember that you can even designate different savings funds with different piggy banks at the same time.

Happy Saving!

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