Do you keep or save your coins?

Coin Savings - Piggy bank savings - coins
@jeeyah (1092)
Philippines
April 15, 2010 10:33am CST
Do you stash your coins in a piggy bank (or something like that)? Do you still keep even the coins with low values and see if you can make a big amount of savings with them? Well, my cousin used to save coins (even those which had a SUPER LOW VALUE already in the market), and when she counted her coin savings, it really amounted to something BIG. So from then on, I keep every coin I see, no matter how small its value is. It's really surprising how several coins with low values can amount to something so big. So, do you also save coins?
6 people like this
36 responses
• United States
15 Apr 10
Yes...I have a huge jar that I put all the change in....it does add up...much faster than you think it would.
@jeeyah (1092)
• Philippines
15 Apr 10
That's good to hear! I don't really use a huge jar, but I might try that. Because when I use a coin bank that can easily be opened and closed, I tend to get some coins whenever I need money, so I don't consistently save up. Lol
• United States
15 Apr 10
@markleob Sounds like a plan @jeeyah Takes longer to fill....more reward when cashing out
@drkraven (523)
• Romania
15 Apr 10
well i did this last year i was saving all coins i was usually leaving with the line "keep the change" :) after almoust a year i ended up with a big amount ... wich may seem nice but i had some difficulties getting rid of... not many salesman are fond of this currency and i was alawys around my neihborhood trying to buy cheap things so i don end up handing sacks of coins to buy a botle of coca cola :) It s ok to save this way as long as you have a source that can exchange it from time to time.
@jeeyah (1092)
• Philippines
15 Apr 10
That's nice that you ended up with a big amount. :) You should've went to the bank and have it exchanged with some paper bills. I know banks can do that, so yea. Do that next time so you won't be hassled anymore. :)
@drkraven (523)
• Romania
15 Apr 10
yeah in your country not in mine :) i tought that to and i went to a few banks... all of them had big signs : We do not exchange coins ! :)) but i sort of managed to spend it bit by bit everyday buying bread and very cheap things that i usually just throw in the basket :) it was a good experience since now i know what prices those "little" things have and i can make myself an ideea about wich store has better prices :)
@markleob (1904)
• Philippines
15 Apr 10
i use to save coins but once it will amount to about 10 dollars, i get it and buy some stuff... lol
@jeeyah (1092)
• Philippines
15 Apr 10
I haven't saved that much amount with just coins! So that's around P400-P500, right? Wow. Lol
@markleob (1904)
• Philippines
15 Apr 10
when i was in my elementary grades, i love to save but now that i am in college, there are a lot of things to spend money on... i will try to save again, much more now that i am having an online job...
@reon862 (134)
• United States
15 Apr 10
I save all of the change I get, store it in plastic box and wait until it gets semi-full to take it to the bank coin counter, it usually adds up to a few hundred dollars when I go to the coin counter which is plenty good for me. It's kind of shocking how much some people save up in change, one of my friends used the coin counter with a few bags of small change she got while shopping, and she literally had enough to go on a vacation. Guess the old saying "every penny helps" isn't a joke.
@jeeyah (1092)
• Philippines
15 Apr 10
Wow, I don't know if I can ever save that much change! It'd be really nice if I can save up enough just to buy a gadget or something. Lol. I guess I really should take my coin-saving seriously from now on.
@cloud31 (5811)
15 Apr 10
Yes I have a something like plastic box which can separate the value of coins,from $1o-.05 cents lol. In my place we have a $10 coins which I use to keep for general purposes.I find it useful to have coins ready for some small transactions or purpose. Happy myLotting and Good day!
@jeeyah (1092)
• Philippines
15 Apr 10
I usually just use coins for commuting, because when riding a jeepney, it's hard to pay with a paper bill (I think you get what I mean. Lol) A plastic box is a nice idea. I like to keep things organized, so I guess I'll try getting one for my coins. So it'll be easier to get them. Hahaha
@marguicha (94358)
• Chile
15 Apr 10
My piggybank - This is where I put the biggest coins. Every one in a while, if it´s filled, I change the coins to bills and go to the grocery store with the coins.
I save the biggest coins in my currency. It´s also part of my vacation money (I also save all my online earnings). The lowest, I leave in the kitchen and use them to buy eggs. I wouldn´t throw away a coin no matter how low value it is.
@jeeyah (1092)
• Philippines
15 Apr 10
That's really nice to hear that you get to do a lot with your coins! :D
• Philippines
15 Apr 10
When I was young I do. But now I don't. I realize that by using my coins. I can save more.
@jeeyah (1092)
• Philippines
15 Apr 10
I think I get what you mean. If you use your coins, you can save bills instead. Lol
@annavi23 (6302)
• Philippines
17 Apr 10
piggy bank - lots of coins
when i was young i really used to save coins and place them in piggy bank.sometimes if i can save bills i placed them in small canisters like the one canister of a photo film.that was a long time ago.when i went home from school.i used to keep my coins secretively so that no one will know i have savings.when it multiplys,i'd spend it for my emergency purposes.but now,i rarely do it.if i do,i just save it cents like to pondong pinoy for the church here in our place.
@anuraa32 (2452)
• India
16 Apr 10
I am not sure about the piggy bank. But yes I many times keep aside the coins in a box or a bowl. And as it keeps on accumulating, the amount increases. So many times this habit has helped me. I had once collected 900 bucks worth of coins with me. Recently I have had a coin surplus of 500 rupees. It is a very convinient habit for me.
16 Apr 10
I have always saved up coins of low value, usually in a large bottle or jar, and I am always pleased to cash out when the bottle is full. I generally go through my purse in the evening and put all the small coins into the savings, last year I managed to save up enough to help pay for a short holiday
• China
16 Apr 10
Hi,jeeyah.i like to keep coins and just like you said,I keep the coins with low values and see them became a big amount.But when I ruan out of money,it will be helpful.So the main reason I keep them is still for spending.
• South Korea
16 Apr 10
Well i dont really keep coins its just that i hate bringing lots of coins in my wallet gosh its so heavy,,, so i usually just put it to one box a place where i keep unneeded coins.. but honestly when it comes to tough times then i could really live for 5days using my coins well if i will buy cup noodles during the 5dasys lol.... so yeah why not theres nothing wrong keeping all your coins.. besides its still a money:)
16 Apr 10
Yes i am saving my coins in a piggy bank...i have 5 kids and it's one way for me to teach them the importance of saving money and to let them realize the value of money...
@caiye786 (95)
• China
16 Apr 10
I did no about saving .And now ,i regret .there are even one RMB in my pockets ,yesterday ,i spent all my money for singing in KTV .How stupid i was! And now i am punished .until last week ,my mom send me living expenses .tonight ,what should i do ?i haven't saved any money before . i am so annoyed .how can i though this two days ?
@bluemars (952)
• Australia
16 Apr 10
I wish I was a kid again with a piggy bank. That was so much fun back then to save the small change you got from your parents. So nice. This brings back so many memories. It is a good thing to teach kids how to save so that when they get older they can keep making the right choices with money.
@ada8may21 (2419)
• Philippines
16 Apr 10
Yes we have a bamboo bank where we put the coins that we earned for that day. It will be add up and be deposited in our bank account. Exactly, even if its has small value once you are going to add it, it will also can reach to hundred and thousands.
@sender621 (14956)
• United States
16 Apr 10
I have good intentions to save coins and not spend them. It seems easier to save pennies over nickels, dimes and quarters at my house. Even with my best efforts, something always manages to whittle away at my saved coins.
• United Kingdom
16 Apr 10
Yes although it tends to be the copper coins that don't amount to much! I have a big jar of copper coins and it definitely weighs quite a lot, I really don't know how much is in the jar though, it might amount to a few pounds but not much more. I think that it's a good thing to put money aside but I guess if you really want money to work for you rather than the other way around is to put it in a bank account preferably a tax free ISA. I don't have the means to do this right now but I would love to start saving eventually. I think those little pink piggy banks are quite cute, I've never had one of those! Andrew
@bestylish (923)
• Philippines
16 Apr 10
Yes, I save coins. Coins are money too. It will be such a waste if we don't save them.
@markmoney (2868)
• Philippines
16 Apr 10
Hi jeeyah! I have a new piggy bank, actually not a shape of a pig but a bear, that's why I can called it beary bank. Lol! But it still has few coins in it coz I only put 10-peso coins inside. If I will be able to make it full, it will really be a big money. Have a nice day! Happy myLotting!