I am not one to spend coins. I prefer to save my pocket change. In fact, I go out of my way to make sure I get plenty of change so I have more to save! But I hate to carry loose change, and so does my husband.
We routinely dump the day’s accumulation into a container to save for a trip or to buy something special. One year we saved $1,100 in coins, but I have to admit the logistics can be a royal pain.
Banks and credit unions have strict rules about loose coins. Some require it to be rolled, wrapped and labeled before deposited. Others won’t accept wrapped coins. Either way, most these days charge a fee.
I don’t know what happened to me last weekend. I guess I was suffering from a severe case of TMC (too many coins). In a fit of frustration, I dumped the jars into a big bag and drove to the supermarket. I knew it would cost me 11.9% but at the time, it seemed reasonable.