Posts Tagged ‘dime’

Loose Change Total

Monday, October 20th, 2008 by Alan Yu

Finally got around to counting all of the loose change. Again, here is the picture for reference:

Piggy Bank Coins

The breakdown came out to something like this:

Pennies: 408 = $4.08
Nickels: 134 = $6.70
Dimes: 207 = $20.70
Quarters: 355 = $88.75
Loonies: 39 = $39
Toonies: 25 = $50

Total = $209.23

Not the highest I have accumulated, but decent I’d say. I know what surprises most people usually is how many quarters there are as normally one would expect to only have a lot of pennies. Most of my loose change comes from buying items from stores that don’t accept a credit card. Example, if an item was $1.50 most likely I would only have a five dollar bill and so at the end of the day that coin change gets stored.

Almost like a self disciplined savings contribution. I can easily imagine spending it too if I didn’t store it away at the end of the day. Now the trickier part is usually afterwards on what to use the money on as I don’t just want to spend it on say dinner but rather find a way to invest it to hopefully accumulate more funds.

How Much Loose Change Did I Save?

Thursday, October 16th, 2008 by Alan Yu

So with all this talk about the economy crisis and people trying to save money, one comment I read was how people have to scramble for loose change in their homes just to pay the bills. This made me curious on how much loose change I have saved thus far. As you all may know, my loose change habit is to simply dump it into like a piggy bank as a way to prevent me from spending it on say some kind of vending machine on a different date.

So first of all, here are the “piggy banks” that I use:

Piggy Banks

Hey, sometimes your old savings habit as a kid can still help you out in your adult life as well. Of course, you all want to see how many coins correct? Well, here it is:

Piggy Bank Coins

From left to right, these are the coins and the individual value for each:

1) Quarters = 25 cents
2) Nickels = 5 cents, Dimes = 10 cents
3) Pennies = 1 cents
4) Loonies = 1 Dollar, Toonies = 2 Dollars

I know most people wonder how much you can save with a simple habit like this. I’m not sure about this bunch yet as I haven’t fully counted it. But if you want, take a guess how much this all equals too. I’ll post the total amount of each coins and value at a later date.