If you’re asking how many dimes make a dollar, the answer is 10. Per the coinage act of 1792, There are 100 cents in a dollar, and each dime is made up of ten cents. Therefore, if you have 10 dimes, that means you have 100 cents, or 1 dollar. Adding everything up becomes a simple exercise in math.
You just figure it like this:
1 dime = 10 cents.
1 dollar = 100 cents, so therefore you just divide 100/10 to yield 10.
There you have it. How many dimes are in $1 dollar? It’s 10.
More Fun Dime Facts
Incidentally, if you want more fun facts about dimes, here you go:
Each U.S. dime weighs 2.26 grams.
Dimes have a diameter of .705 inches.
Dimes have a thickness of 1.35 millimeters.
Currently minted U.S. dimes are “clad”. This means they are composed of an outer layer of nickle surrounding an inner copper core.
Dimes are 8.33% nickle, with the remainder being copper.
Dimes have edges with indentations called “reeds”. There are 118 reeds in each dime.
In 2020 the U.S. Mint produced about 2.7 billion dimes.
Source: US Mint, Coinnews.net.
The Perks of Saving Your Dimes
Over 78% of Americans can’t save money or save any appreciable amounts. That is the wrong mindset. How much you save is not as important as starting the habit and keeping the mindset. Here are some ways to make the most of saving spare change, even a dime.
Make Saving Dimes a Challenge
You learned a lot of facts about dimes in this column, so make it work for you. You need to save 500 dimes to save $50. Can you accumulate 1,000 dimes and save $100? Does this sound like a useless endeavor to you? It’s about the mindset. If you can save 50, 100, or 500 dimes, why can’t you apply that mindset to $1 bills, $5 bills and so on?
So, how many dimes make a dollar? Start with a dime.
Start Couponing
The typical American household can save over $272 annually with couponing. You can now use digital or printed coupons at your leisure. The trick to saving money with coupons is to start now, use them every time you shop, only buy items via coupons, and coupon for the foreseeable future.
You might have enough spare change in your home right now to start couponing or plot a starting date.
Spare Change Investment Apps
There are many spare change investment apps that let you invest in the stock market via your spare change. Such apps, like Acorns or Stash are designed to be synched with a checking or credit card account to track your purchases.
So, if you make a purchase for $5.02 or $7.90, example, the purchase is automatically rounded up to a dollar. Then, that $0.98 or $0.10 is invested into the investment or investments you selected when setting up the app.
Start a Financial Change With a Dime
In 2016, a Texas man made headlines for paying his $212 traffic ticket with over 22,000 pennies. This incident proves that we sometimes don’t give ourselves credit for saving money because we don’t look at coins as money. Also, this guy would have only had to carry 2,200+ dimes if he had saved dimes.
You might have a stash of coins you don’t think about somewhere in your home right now. Spare change is real money. Start a new financial future one dime at a time.
Here Are More Fun Saving Advice Articles:
Seventeen Surprising Bills In Your Wallet Worth More Than Face Value
Where Is The Best Place to Hide Money? – Conversations With A Burglar
Take The 365 Day Dime Challenge Like A Pro
Here are 83 Things You Can Do With A Dime
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.
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