Save Money By Sorting Out Your Coins At Home
We are always looking for ways to save money, your spare change is a great way to do so. When shopping instead of trying to round to the next dollar and not get change I actually really like getting change. When I get home I put the change into a cup I have on my shelf and every few months while sorting out coins I find I have $30 to $50.
Does It REALLY Add Up?
Will you become a millionaire by saving change? Probably not. But, you could save enough money to pay down debt, go out to a really nice dinner, pay for a plane ticket, whatever you want. It all depends on how long you wait and how often you spend with cash. If it is the only way you buy things then it will grow faster, if you’re like me and only spend cash sometimes then it will take considerably longer to save up. Regardless every little bit counts.
The Best Machines For The Best Price
I prefer the basic method of just sorting out coins, putting them in a coin wrapper and taking it to my bank or my work and get the cash.
But if you don’t want to count them out yourself I’ve found a few machines that may help you do it.
- Royal Sovereign Manual Coin Sorters and Counter – $23.63
- Automatic Coin Sorter and Electronic Coin Counter – $20.79
- Coin Counting Tubes – $12.83
The first too will sort the coins for you making it all that much easier to do. The second one will even tell you how much it’s worth as you go making it more convenient to know when you have reached you goal.
The counting tubes seem simple enough, but will require you to do some of the sorting yourself.
Can’t I Go To The Grocery Store And Get This Done?
Most banks and grocery stores have machines that you can dump all your change in. The machine is pretty cool and takes no time at all sorting out coins, however they do take a percentage to do this.
Personally if I’ve spent a year saving up change I don’t feel anyone should take any of that money that I have patiently waited for. Fees range from 9% to 11% so if you’ve saved up for a $100 dinner you’re going to have to come up with another $9 – $11 dollars to pay for it. That’s why I prefer to sort out coins at home and save the money. Even buying one of the machines that helps you do it will save you money in the long run.
Sorting Out Coins Can Pay For Anything
Whether you pick one that automates the filling like the Royal Sovereign, or you use the counting tubes to save some dollars make sure that you are saving your change. Every little bit counts, and with the ease of sorting out coins there is no reason you can’t get it done and have the money for whatever you want to use it for.