I read an article that talks about how to materials used to make pennies are non-renewable and are in decline (like so many of our other natural resources). One solution proposed by the article is to stop hoarding all your pennies and cash them in at the bank so they can be put back into circulation.
We save all our change and deposite it when we hav enough, but I also have this big jar with nothing but pennies. I had them all saved separately mostly out of habit. As kids, we would out all our pennies in a big glass jar. Then, when the family played cards, we used pennies to place bets and play poker with. I think it jut becamse a subconscious savings with me.
However, I am all about getting money in our savings, and about being green when I can. So, I sat and rolled up my pennies. The few I had that didn't make a full roll went back into CITB and will be deposited when I have enough. I was able to roll $2.50. It went into the EF.
Also into the EF today was a $3 pincone check. Whoo-hoo!
Old EF Balance: $709.03
Pinecone check: $3.00
Recycled Pennies: $2.50
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New EF balance: $714.53
Recycling Pennies
May 27th, 2008 at 06:38 pm
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