In our home, we have two mugs that are "drop boxes" for coins found around the house. I just scoop up the coins left by my husband when he empties his pockets, and in they go. As the mug gets full, I have a small oatmeal box in a cupboard that will hold a year's worth and I empty the coins in there. Once a year, I roll all the coins and take them to the bank for a nice surprise (often $70 or more).
Suze Orman suggests that if you want some extra spending money in your budget each week, pay only with bills for everything and collect the change into a cup. She says many people will rack up an extra $10 per week doing this. (I haven't tried it, but it intrigued me!)
With traveling, sometimes foreign coins get mixed into the change cups. What to do with them? I recently sent all our British pounds with our son who is studying there for the spring, but there was also a pile of Euro coins. I've gathered them into a baggie as a "tip pack" for if someone ever needs them. There are banks that exchange currency if you have an amount worth exchanging.
Anyone have any hints with this?
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