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Old 04-04-2006, 04:43 AM
lillyb lillyb is offline
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Default Re: The Money Jar Trap - Why Many Lose Money With A Coin Jar

I just rolled coins last night. I use those plastic coin counters, the kind that stacks them up and if it's over a certain line they fall out a slit so it's always the right amount, it kinda looks like a funnel. Bought it from Wal-Mart about 5 years ago for I think $10, paper rollers included. When the straight part of the funnel is full of coins you slide the paper roller around the coins, invert, slide out of the funnel and fold the flaps in. Voila'.

Rolled $34 last night while watching a movie. Will take it to the bank today, who's never charged me for cashing them in, and will deposit them. Will then transfer over to my ING savings account that's earning 4.5%.

I do this about once every two months. Works for me, I'm not fond of lugging around a ton of change, makes the purse too heavy. So at the end of the day I throw the coins into my jar. It gets close to full about every two months, so I just roll them myself while I happen to be watching tv.
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