Always have exact change

October 21st, 2006 · 5 Comments

CoinsThis struck me as sort of inter­esting, possibly useful, and probably a little compulsive. One blogger’s way of slowly using change is to carry the optimal number of each denom­i­nation of coin in his pocket.

Everyone has coins they want to get rid of. I randomly thought of an easy way to carry change and always have enough change for a purchase. For the sake of this article, I consider change to be less than $1 of coins. To be able to make any change combi­nation, you need to carry $0.99 of change through 10 coins…

I almost never pay with exact change, but that’s probably because I find a sick satis­faction in rolling my coins every few months and taking them to the bank. I crave that big mountain of coins because when I was a kid it was easy to imagine a big pile of coins were treasure.

(Via Lifehacker.)

Category: Personal Finance
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5 responses so far ↓

  • 1 Krupo // Oct 21, 2006 at 3:14 pm

    LOL, he wrote a comment — perhaps in response to your obser­vation or those of others? — noting that it’s an obser­vation and not OCD on his own part. ;)

  • 2 Neil // Oct 21, 2006 at 4:21 pm

    Where did he write the comment? On the Lifehacker post?

  • 3 BostonMark // Oct 21, 2006 at 5:27 pm

    Yes,
    I did comment on the comments of others. I realized when paying one day that I could make any change combo of the very few coins I had. It struck me because I had so few coins. I didn’t think about it for hours one day trying to get a formula…it was just an obser­vation. I pointed it out as an obser­vation, not a tihng you must always do. It seems like some people are misun­der­standing me and think I always have these 10 coins with me at all times. Wrong.

  • 4 Neil // Oct 22, 2006 at 4:31 pm

    I thought it was pretty cool too. I was kidding with the ‘compulsive’ remark! :)

  • 5 Krupo // Oct 30, 2006 at 12:18 am

    Oddly enough, I was thinking of BM’s post when I was at a shop on Friday night and used up all the coins in my wallet save a dime to pay for a purchase (all $6.37 of it), including 5 quarters.

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