jupitersolo

I've been saving the coins for about 3 years. My son is almost 6 yr old. Trying to get him to understand money. I had 2 big plastic bottles filled, one with pennies and one with silver. I put both of them in a backpack to carry to the bank. Used the coin machine, $670.00 not bad. $500.00 will go in his account.

My right arm is still shaking from carrying that bag. It's like my fingers are trying to get my mouse off. Trying to finish some work, so I can take the day off tomorrow.

goose25

Damn thats a lot of copper and silver to carry around. Why didn't you make two or three trips? I love those coin machines at my bank because they don't charge a fee and i can drop it right into my account with no fuss

amisconception

what banks have those machines?

i usually take any loose change i save up to a machine at a nearby grocery store and buy food with it

Sly Raskal

iTrader: (1)

before I got married I had started filling up this tupperware container I have that's about 12" h x 6" w x 6" l. Before getting married it was half full.

After I got married we combined her piggy bank with it and it was at 75% and we're slowly inching up to the top.

I can't wait to see how much is in it.

We've got a coin machine at my work's credit union.

I can't even carry our container more than a few feet because it's so damn heavy I dunno how you did it in a backpack.

I'll try to post pics of ours later if I can.

goose25

Those machines at the grocery store charge you money for processing your coins. My secondary bank, Ent Credit Union, has free machines at every location.

subinf

I used to really like sifting through the coin containers when I was younger. My grandma used to have a newspaper company and she filled up a few Nebuchadnezzar bottles with the change for us to either redeem or look for old coins in. I plan on doing the same - not only for the savings but also because it is a lot of fun watching the levels grow and finding old coins.

Chr8808

iTrader: (1)

I read a story about 10 years back of an old dude who saved up his change in the 5 gallon jugs. He just dumped the full ones in the garage and didnt count them until about 20 years of saving, he cashed out like $25k.
Since then, ive been doin the same thing
Last time my wife was bored, she counted one of the containers i used and i was like $350. Ive got 6 of those

mg7726

damn, i just lug my filled Piyo Piyo to the bank...hardest work ever!

jupitersolo

I was thinking about letting these go longer. But my son is starting to still my loose change now. And both of his banks were full, so I decide to turn this into a life lesson about money and how much things really cost. Also my wife knock one of these off the shelf when it was a glass jar.

I think if I would write down everything he keeps talking about Christmas, I wouldn't have any paper left. Not to mention his BDay is 2 weeks before Christmas.

jupitersolo

Sorry it was actually the Credit Union, I'm just so use to saying Bank.

Too stupid, I wanted the 2 jars in a bag in case they broke.

lancer

Why hold onto all that money especially for so long? The longer it sits the more it depreciates. Why not put it in a bank and get interest off it?

soopa

My credit union also has a change machine, it is free and accepts bucket loads of coins... rather then the supermarket variety which costs % and requires you to feed the machine by hand.

jupitersolo

It's that spare change factor, besides interest rates have sucked for some time. Now that it's cashed in it will go in my son's account.

subinf

For me, I enjoy watching the jars fill up. And I can totally understand with kids you make a game out of it.

crazymjb

We got about 740 from coin star in the spring. That was about a decades worth of coins but at least 500 had been spent in forms of rolls during "emergencies," ie, delivery.

We put it in a back pack and it weighed something like 80 pounds (5-6 diaper wipe boxes), and it took about an hour to count.

Now about the "shaking." I think you may want to check out the health and fitness sub forum.

Mike

amisconception

What's with credit unions and coin machines?

Off-topic, why do so many people have credit unions vs. banks?

GOOSE

I once carried two boxes of quarters and two boxes of pennies out of a bank. That's $1,050.

Not sure how much it weighed, but it was heavy as hell. Sure felt like a 100 lbs. Barely made it to my car before I just dropped em.

miner

My half-full 5 gallon water bottle had $1236.85 in it. The CoinStar ket $110.08 of it. The grocery store I was at had to call the mgr to cash me out.

GreenMonster

I've got a shitload of change I need to cash in... My bank doesn't take coins in bulk, and I don't want to give 10% to CoinStar...

Hmmm... my back was recently bought out... so maybe the policy has changed... I'm going to have to ask... I'm not looking forward to putting 5 years of change into coin wrappers

GIBSON6594

If you have any purchases in mind, you can use those coinstar machine for giftcards to certain stores, if you do that they won't charge you the usual fee. You get to keep all your money.

JJ4Short

Bank = For Profit
Credit Union = Non Profit (they dont pay taxes) Lower Fees, Higher interest rates (at times), Much lighter when it comes to collecting.

At a credit union the only share holders are the members so as long as you have an account you have a say in the company. Every year they have a meeting where any member can come and vote for changes.

Credit unions were created for people who needed help to an extent and supposed to be for the people. Would never keep my money in a bank except if they had some great deals or something specific I wanted.

fuzzy02CLS

iTrader: (2)

I spend any loose change I have. I don't keep it around, or save it. I hate change actually which is why I use plastic for most everything.

jupitersolo

Credit Unions give better rates, easier to borrow from and have more free services than a bank. Such as the coin machine.

I still have a bank as my main account, but that's because my company transfers my paycheck from their account into mine. If not I would have to wait for a check. There's only 7 of us.

They've changed the rules a few years back. You now are able to join a Credit Union if you just happen to live in the area. Before you had to join through work or club or organization. The local school CU have been letting people join if you have a kid in public school.

moeronn

I'll have to check if my wifes CU has a coin machine. We bought a cheapo sorter from Office Depot - mainly to sort out the quarters for laundry. We wrap the other coins and take them to the bank, but it's kind of a pain. At least they don't make you write your account number on each roll and debit your account if you're off a couple cents any more.

subinf

I got so used to doing that I didn't even realize most banks don't require the number anymore.

I still enjoy wrapping the coins, although usually the amount is around 100 bucks so its not too bad.

driver centric

Nice haul. I took one of those big water cooler jugs my mom had been saving to the bank we both work for, we have the free machines, it ended up being about $1200. She had been saving it since like 2000.

aesir11

I have a giant coca-cola bottle I've been trying to get filled for a couple years now. I've been making pretty good progress. I pay with cash for a lot of things so I generally get 50-75 cents a day into it.

TodaSi

I have a 2 gallon plastic jug we are saving coins in for my 2 1/2 year old daughter to get a swingset. All change brought home, found in the laundry, or just laying around gets put in the jar. She must have about $30 in $1 coins alone as my wife always gets them to buy sodas @ work and will come home with 3 or 4 in her pocket hahahahaha.

Moog-Type-S

I fill up a large mason jar of coins every month or two...usually ends up being between %70-$100 per jar.

iTimmy

I have a 30 gallon drum I have been filling since I was 15, I just stopped spending change all together and put it all in this drum anytime I recieved change. Ten years later, I have about 15 gallons of change in this drum... I have no clue what I am going to do with it or how much is there, but judging from what other's are saying there is probably a couple thousand dollars in there! Sweet