Posts Tagged ‘loose change’

Widget Bucks Payment Out of Nowhere

Tuesday, October 21st, 2008 by Alan Yu

This was definitely a surprise today. When I checked my mail, I noticed that I got a Widget Bucks cheque. I guess this is very similar to last time where I definitely was not expecting one as I took it off the site for load time reasons. As seen here, the cheque was for the amount of $56.61:

It’s always great to get payment for work that you did in the past which still translates to income in the future as well. That’s one of the keys to developing financial stability while at the same time trying to not glue yourself to your work life all the time I’d say. Another interesting thing about this payment is the currency rate. Since the Canadian dollar is down, this actually translates to an extra $10 or so.

But for simplicity sake, I will just mark it down as earning $56.61. I guess I will throw in that loose change that I accumulated too since I have no idea what to use it for which will be another $209.23 into the pool. I was trying to think of something to say buy and sell, but I couldn’t find anything that I was passionate about that would be new to me thought it would be interesting to document. But, here is the update so far:

Stock Investment: $800
Web Publishing: $501.18
Million Dollar Term: $100
Affiliate Sales: $91.01
Free Money and Credits: $100
Loose Change Savings: $209.23

Total: $1801.42

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.