Save money by doing this with your extra coins

Don’t waste your spare change on coin machines!

Simply Put:

Coin machines, like like Coinstar, take a percentage fee. Specifically Coinstar takes about 12%. Go to the bank and ask for rolls for change. Once your coin jar is full, take it to the bank to deposit! This plays perfect with our HNTSS (link).

Simple explanation:

12% doesn’t sound bad for just a single dollar. $0.12. Now $10 is $1.20 and so on. It adds up, so don’t let it. Having a bunch of coin roll paper and a free hour of time can be a fun event and see how much you have in savings, specifically in coin form.
Also, buying coin rolls isn’t applied because all banks, whether a member or not, give coin rolling paper for FREE so you have $0.00 output! Be cautious of anything that will cost you to change coins into egift cards! They typically do take a percentage off.

Simply strategies:

Put it back in the bank:

You can take all of those coins and rolls and bring them, rolled up, to the bank.
NO they won’t count every coin in front of you. It’s as simple as they recognize the proper size of a stack of quarters, dimes, etc.
It will be painless and you’ll be happy as the money counts up.
They cam deposit it within a 10 minute window, depending on how much you submit. No limit to this amount. But if you have a few thousand dollars in change… Good on you!

Save for something bigger:

So everybody has a big purchase and it could be anything from a car to a set of car tires. A big TV or a smartphone. Use these coins to help save some Add these coins to your rainy day fund.
Or add to your emergency fund or to that big item you’ve been saving for, such as an upcoming maintenance or new tires.

Emergency fund:

So everyone has some form of emergency and you should be prepared. Keep. Those coins whether it is unexpected car maintenance or you overspent on something you shouldn’t have. Keep those coins rolled and ready to spend. You can literally use the coin rolls to buy things. I’m sure you’ve seen cashiers who break a roll of penny’s or quarters. People still use physical money.

Simple conclusion:

When you’re gathering your coins, grab a jar with some volume and let them fill it up. Don’t be afraid to dump the cup holder out in the car every so often. Personally, I grab all my change and deposit it in my Wells Fargo account and use this as my big item savings money.
What is the most coins you’ve used at one place?