Do you save your pennies?

United States
February 1, 2012 9:05pm CST
I constantly see people leaving pennies on the tables in our breakroom. I grab them before anyone can. Do you save your change? My wife and I once took a vacation with the change we collected except for our motel room.
6 people like this
29 responses
@beamer88 (4267)
• Philippines
2 Feb 12
Not exactly. We usually try to spend them as soon as possible. Usually when buying the morning paper or when we drive through burger joints. I used to keep those loose change but I realized that it's not actually saving them since they get stored say in a container for too long. Money doesn't grow if you just keep it. If I spend these loose change now, I won't have to use some of my paper bills, which I could deposit in my savings account. (It's a bit of a hassle depositing loads of coins in the bank:)
2 people like this
@sid556 (31005)
• United States
2 Feb 12
Actually, it is no hassle at all to deposit coins in most banks. They have coin counters that they drop the coins into and get the total in less than a minute or so. And then they give you cash. I turn in change a lot and it's no hassle at all. You should check and see if your bank has one of these machines. I think most do.
@beamer88 (4267)
• Philippines
2 Feb 12
Unfortunately, the branch of the bank I go to doesn't have a coin counter, and they manually count the coins. It isn't a hassle for me, but I do get a bit embarrassed when I'm holding up the line a little :) So sometimes I go first thing in the morning when the bank's just opened so there wouldn't be that many customers yet.
• Philippines
2 Feb 12
yes, simply because saving this little money can make a lot of money, I mean I saved my coins because I once tried to placed them in my cabinet and not to touch it for the whole year then when the year ended I counted it reached 3000 PHP equivalent to approx. $69 well that a lot for doing such an easy thing
1 person likes this
• Philippines
2 Feb 12
besides they come in handy :D
1 person likes this
@SomeCowgirl (32270)
• United States
2 Feb 12
I most of the time do keep the change I get. I don't use cash all that often though. Sometimes if it's very little and I am not going to use cash again for awhile I will just give it to the cashier. I've done that at work when I've used USCAN before I leave. USCAN is self checkout basically but what my job calls it. I gave the change to my coworker and whether he pocketed it or left it for the till I don't know and didn't care. I know pennies and such when saved up can really amount to a lot.
1 person likes this
• United States
2 Feb 12
I used to just throw them away or give them to the cashier but now I have began to save them in a cookie tin and they have already added up to a few dollars and I just continue adding them! Sweet!
1 person likes this
• United States
2 Feb 12
I collect pennies because they do add up, then I cash them in and put them towards something I want.
1 person likes this
@polaris77 (2031)
• Bacau, Romania
2 Feb 12
Yes,I always save every single penny I get because you never know when you might need them;there were situations in which saving every little coin proved to be a very good idea,especially when there are still a couple of days till salary.Those are the days in which every single penny counts and I was very pleased that I could use what I had saved in such occasions.I haven't managed to save enough chance to take a vacation yet,but that's an interesting idea and I'm confident that I can do it too one day.
1 person likes this
@wmaths (536)
• Italy
2 Feb 12
what can i say: congratulations! it is always a good thing to save your money!
1 person likes this
@sid556 (31005)
• United States
2 Feb 12
Oh yes I do,Oneidmnster. My girls and I once saved for a whole year and went on a little mini-vacation with the change we turned in. Now I save it in a big jug and keep track of it...watch it grow. Sometimes I'll turn it in after it reaches 20.00 to 30.00 but if I don't have to, I try to save it as long as I can. The highest I've ever saved was over 600.00. It adds up quickly. Where I work, kids are always throwing silver change in the penny dish. I'll take it out. If a kid is short on .cash during the night I'll of course donate it to them but if not, it's mine. Some nights I get 2 or 3 dollars worth. Adds up fast.
1 person likes this
@nfrenciz (99)
• Philippines
2 Feb 12
HI there, Yeah it's very nice to save some pennies, for even though they are just pennies, in time you never realize they are already hundreds. I do save a lot of pennies as well, for in case of emergencies there will be some i can use to.
1 person likes this
@indi15 (883)
• India
2 Feb 12
Oh yes , i have a piggy bank and i keep all the pennies lying on table or drawer there. Its a good saving. In this time when things are getting so expensive , we cannot afford to waste any thing.
1 person likes this
@kylanie (1205)
• United States
2 Feb 12
Yeah I do I feel like a penny will spend just like the rest we have had over $10.00 so far at a time and I can remember that my mom took some metal cans and she kept the change in different containers and she saved enough change to take me and my kids and my neice and nephews to disney world for a few days its amazing what change can do.
1 person likes this
@yugasini (12839)
• Anantapur, India
2 Feb 12
hi oneidmnster, a penny saves is a penny got it is old proverb,but it has lot of value, i too save penny, any how we are earning penny and penny in this site, just like that i am pooling funds from the social network site, but till now i have not crossed twenty dollars per month,have a nice day
1 person likes this
@moneywinner (1866)
• Brazil
2 Feb 12
I should save my pennies too, but I have to say that I rarely do. Usually in my house, there are coins everywhere and when someone need, they just get them and spend in something. I think if I search coins for all over my home, I would find a good amount of money!
1 person likes this
@peavey (16866)
• United States
2 Feb 12
I sure do save pennies and any other coins I come across. They add up. I try to keep a good assortment in my purse so I have the exact change when buying things and don't have to break another bill. When I cross a parking lot, I purposely look for coins on the ground. It's amazing how many there are.
1 person likes this
@marguicha (101857)
• Chile
2 Feb 12
I do save all kinds of coins. I have a piggy bank for the ones that mean more money (around $1). The piggybank is for vacations. I have another for small groceries such as eggs or bread.
• Canada
19 Feb 12
I actually do save my pennies. I have 2-3 jars where I keep them as they add up a lot after a while. When I feel that there is an ample amount collected then I cash them in and we usually give that amount away in charity...
• United States
6 Feb 12
Yes, I save all those pennies and the rest of our change too. Keep it in a big water bottle and just let it add up. When we were laid off there was a time when that bottle had to be turned upside down and counted out. The money tossed aside in that jar was enough to feed us for three months. So, yes, it is something that I do and will continue to do. You never know when it will come in handy. It could be something fabulous like your vacation or something more practical like knowing you can feed your children when you are out of work. They add up quick!
@GreenMoo (11842)
5 Feb 12
The idea of leaving change behind is a totally alien to me!
@cutepenguin (6457)
• Canada
4 Feb 12
I pick up pennies that I see on the ground and save any change we get in a jar. every once in awhile I roll it up and deposit it in our bank account. It isn't much but it helps.
@TrvlArrngr (4058)
• United States
4 Feb 12
I save them and then my daughter takes them to the coin machine at the bank and gets the money. Every penny helps!