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one cent counted... The coins are precious!  email this discussion to a friend?

Neatteo (56) 2 years ago

Everyday I will keep and collect my coins. When I buy something at the store, and the cashier ask me " Do you have 20 cents coins? " I will just say.. " No, I don't "... It is because I want to keep the coins. For me the best method for me to save is by collecting the coins. I am a student, and a month I can save up until $40 only. However, it is better than nothing. Saving by collecting the coins really takes time, but it is worthy. If you save by cash notes, you will feel to use it when you out of money. If you keep the coins, you will not feel to use it because it is heavy when you want to bring it to the store. This is my method of saving. How about you? Do you have any?

 

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tags:  coins, making money, saving, tips, trick
 
1. myLot reputation of 90/100. warvial (743)   ranked 1,508 out of 6,442 in making money   2 years ago

Yes, indeed it is one of the best way that one can achieved much savings via accumulation method. But as much as I would want to do that, I don't always remembers to pour my coins to my piggy bank daily, so I haven't really accumulate much savings or have consistent savings.

sidetracked a bit: It's the same concept of paid to click sites, accumulation. Thus, I am earning little daily hopefully even for a little but consistent earning monthly. Cheers


Neatteo (56)  2 years ago

Hye Warvial!
Thanks for your response. Yes you are right, it is just like the PTC sites. Everyday you got several cents and it will accumulate. It really takes time. However, you feel worthy to collect coins because it is something you can hold and you can feel. But the money that accumulate on sites is something that we cannot hold until it turns into cash.


myLot reputation of 90/100. warvial (743)   ranked 1,508 out of 6,442 in making money  2 years ago

Hi, totally agree with you on that. But I am the greedy one.. So I would like both, can hold and can't hold one. Once both is in my pocket, then it will become mine :D

But really, you have a good habit and keep it up~! I hope I can be like you, a consistent saver. Way to go

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2. myLot reputation of 94/100. rajaiv0810 (640)   ranked 6,064 out of 6,442 in making money   2 years ago

Hey I'm doing this too. I save on my coins and put it in the piggy bank. lol But it has been helpful for me. Usually, I would save up especially for special occasions like birthdays and anniversaries. The last biggest saving i did for like 8 months of my coins reached the amount of P13,000 or $280. It was quite a huge amount already especially that it came from P5 - P10. It pays when you save, you'll have money for emergencies. thumbup


Neatteo (56)  2 years ago

Wow!! Good for you! The amount is so huge. I wish I can reach that amount. Keep it up and make it as habit! Happy MyLotting.... Happy Earning single cents here... hehe

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3. KANdaNGTips (86)   ranked 1,954 out of 6,442 in making money   2 years ago

I strongly agree. Although the coins were little, but too long will become a hill, a small hill and turn into a giant hill. When we ran out of money, that money is very profitable.


Neatteo (56)  2 years ago

Yes.. You are right. Later on it will benefit us. When we have ran out of money, we can use it for the emergencies.

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4. myLot reputation of 93/100. veromar (849)   ranked 104 out of 6,442 in making money   2 years ago

When I lived in NYC, I saved my change in a coffee cup. Every day when I got home, I'd put whatever coins I had in my pocket in that coffee cup. On the first Saturday of every month, I took it to a grocery store across the street. They had this machine that you just poured the coins in. The machine counted and sorted it and then gave you paper bills in exchange. The machine kept 10% (I think it was) but it was worth it to use simply for the convenience of it. Banks no longer accepted coins unless you had an account there so to go and dump them in the machine was great to be able to do! I used to get around $20 a week that way! That's $80 a month. It was enough to pay one of my monthly expenses, that's for sure!


Neatteo (56)  2 years ago

It is really good to have that machine at the store. It is very convenience. Whatever it is, what you had save up can be used for grocery shopping. It is worth it. Just like in business, the rolling up method. heheee...


myLot reputation of 93/100. veromar (849)   ranked 104 out of 6,442 in making money  2 years ago

I had to use the machine because I didn't have a bank account. Most banks won't take your rolled coins unless you have an account there. The machine was extremely convenient. I used that money to pay all kinds of stuff or just to buy myself a treat if I felt like it!


Neatteo (56)  2 years ago

Why don't you open an account there? Usually I don't keep my coin when exchange it to the notes. I will buy something for myself as a reward.

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