Jar of change, I'm not getting it

Re: Jar of change, I'm not getting it

• MommyLiberty5013 member

  

  April 2016

  Wait...what kind of silver coin? Like real silver coin??? Or just regular nickels and dimes?

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• csuave member

  

  April 2016

  
  

  MommyLiberty5013 said:

  Wait...what kind of silver coin? Like real silver coin??? Or just regular nickels and dimes?

  Quarters, dimes, nickels.  Probably over $100.
  

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• formerlyjessica490 member

  

  April 2016

  Lol, that's funny! Maybe he likes seeing all that money in there

  
  

  We put all our loose change into a jar and then roll it up and cash it in when it's full....but we don't carry around with us pretending we are rich

  

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• labro member

  

  April 2016

  Lol! That's kind of adorable.

  
  

  We keep a large jar of change. Every once in awhile (probably every few years), we go through the whole thing. H insists on sorting it all first to look for any wheat pennies, buffalo nickels, anything rare or potentially worth a bit more than just the coin itself. After we've sorted all of that out, we roll up everything and take it to the bank and spend the money on something just for fun.

  

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• Xstatic3333 member

  

  April 2016

  My mom does this thing where she seeks out unusual wine bottles and fills them up with dimes. Then, once they are full, she gives them as gifts (usually to me or a cousin).

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• julieanne912 member

  

  April 2016

  My H has a container full of coins, he goes and cashes it in about once a year though.

  
  

  His dad has a HUGE jug full of coins, like years worth of loose change.  He calls it his retirement fund LOL

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• short+sassy member

  

  April 2016

  I think that's hilarious!  I'm just picturing all these guys lugging their enormous change jars every time they play poker.

  I've never been one to keep change, though my H does a little bit.  He keeps 1 large hard plastic cup filled with change.  He uses it as a reservoir for his bus money, so he uses it also.  Sometimes it overflows a bit, but it usually stays about status quo.

  I'm one of those people who will give exact change (coins) when I buy things.  So, if a purchase is $7.48.  I'll give $20.48 or $20.50 (if I don't have enough pennies).  That way, I DON'T get an accumulation of change.

  I can see why people do it.  It's a painless way to save money.  But I just don't do enough cash purchases for any kind of significant savings.  And, if it was significant, then I have to spend money using one of those coin counter machines.  Or a bunch of time rolling the coins up.  It's just not my cup of tea.

  @labro, you never know!  But it is rare to find anything very valuable.  I worked my way through college as a teller at BofA and although I'd often come across coins/(sometimes bills) that were technically worth more than their value, it was never by much and so not really worth my trouble to "buy" the currency from the bank.  I once got a stash of $2 bills from 1917, but they weren't in very good condition.

  My mom also worked for BofA (different branch) and she once found a $20 bill stamped in LARGE RED letters with the word "HAWAII".  Apparently, during WWII, the U.S. stamped a lot of the money going over to Hawaii with that.  Just in case the Japanese took over the islands, they wouldn't be able to use the currency.

  She bought the bill as a gift for my grandfather, who was both a coin collector and born and raised in Hawaii.  In fact, he was 16 when Pearl Harbor was bombed and he lied about his age to join the Navy.

  Sorry for the tangent!  I've just always thought the stamping money with Hawaii is such an interesting story and quite clever for the government to think of.   

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• Mustard76 member

  

  April 2016

  We save change. We also save $10 bills. We generally don't spend much with cash, but when we do, we're sure to stash the $10s and the change. We use the bills sometimes when we order in, or we take it on vacation. We also cash in the change for vacation. It's usually enough for a couple rounds of drinks or so. It's not a lot, but it's easy enough to do. We don't collect it just to collect it. The bank where I work still has a coin counter, so we don't have to roll it, nor do we have to pay a fee to cash it in.

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• jtmh2012 mod

  

  April 2016

  I don't have a "jar" of change, but I do have an old Life Savers tin that is about an inch or so from being full and once of those clay jars with a cork in the top that is probably about the same.  Problem is we almost exclusively use our credit cards for things, so the only money that goes in there usually is what we find on the ground or from our few cash transactions.

  Although, if I were doing a poker night with some buddies, I could see something like that being a fun little way to "keep score" so to speak.

  
  

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• cbee817 member

  

  April 2016 edited April 2016

  I think it's great- lets your DH have some fun, but it just comes from a jar of coins.. no real harm to your bank account.  
  

  My mom used to have a huge water jug filled with coins. When I was 5, someone broke into our apartment and stole the jug- I remember the police officer sitting at one of our chairs in our living room/bedroom (it was a studio apartment). After that happened, my mom moved us back in with my grandparents for a bit (we had lived with them since I was born and I think we were at that studio apartment for about a month before the break in happened) until she found a new job out of town as a teacher. She got a new jug after that one was stolen and would hide it under a skirted bedside table.... we would use the coins to do laundry at the laundromat every Sunday and I would read her chapter books from the library while we waited. Yeah, we were poor... but a jug/jar of change holds a special place in my heart.  

  

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• smetter04 member

  

  April 2016 edited April 2016

  I've always kept a jar of spare change, although the amount that goes into it has dwindled over the years as I use a credit card for most transactions.
  
  My great aunt was living with us when she passed away 9.5 years ago, so my mom and I inherited her belongings. One of those items was a small coin jar with a picture of a home on it that says "Save for a New Home." The irony makes me chuckle, because there's no way to save for a new home with coins nowadays! But it's a fun reminder of what saving a little at a time can do.
  
  Edit: my great aunt passed away 9.5 years ago, not 6.5 like I originally posted! Where has the time gone?
  

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• FabulousMrs.P member

  

  April 2016 edited April 2016

  We have a GIANT change jar that we keep in my daughter's room. ( It is ridiculously big...we only ever fill maybe 1/4 of it in a year.) It was my grandfather's. We throw all our change in it and once a year we take it to the bank and throw it in the coin sorter and throw it into an account for my daughter. Before we had her we used to use it as spending money on our yearly vacation. I think we have about $500 in our change savings account. It just shows that the change can add up over time. It used to add up a lot more quickly when I had a second job waiting tables as I always came home with change, but we are still good for $150 a year or so in just change.
  

  

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• labro member

  

  April 2016

  short+sassy LOL! That's pretty cool about the Hawaii stamp! H has some pretty rare coins at his parents house, plus his dad has a ton of international stuff from his stint in the Navy. We don't take it very seriously but it's still fun when you find the old stuff they don't mint anymore.

  

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