Discussion
nicanary said:
They are seriously considering about it. I still don't understand why people walk around without any cash on them. Would they pay for a packet of gum with a card?
Absolutely. It's not rocket science, the answer is convenience. Anyway, your shop can stop taking it. Their sales will drop by more than the current cost of processing, they'll start taking it again and you'll wonder why they went to the bother of the experiment.I pick up absoltuley anything I drop partly because I despise littering anyway so would never knowing leave anything non-biodegradable anywhere, but also as i'm senisble/poor and aware that all money has some value. I'd pick up pretty much any other change I found anywhere too, it all goes in the 'wine fund' tin.
Last time I changed all my change up (from a huge filled demijohn) I had £50 odd from memory and that was almost entirely 1 and 2p coins with the odd 5p. Now the change jar has loads more silver it should be a lot better next time.
Last time I changed all my change up (from a huge filled demijohn) I had £50 odd from memory and that was almost entirely 1 and 2p coins with the odd 5p. Now the change jar has loads more silver it should be a lot better next time.
This year I bagged up £30 worth of 20 pence pieces, £15 worth of 5 pence pieces and £7 worth of 2 and 1 pence pieces, giving me a total of £52 which I've had paid directly in to my savings.
Again, for many PHers £52 extra in a savings account is very little, and many will scoff. But I'm quite happy with it and will continue the same system next year.
Again, for many PHers £52 extra in a savings account is very little, and many will scoff. But I'm quite happy with it and will continue the same system next year.
When I was a kid, my Dad always used to say Mr Woolworth in his younger days used to pick up bent nails from the floor and straighten them.....Whether he did or not I don't know..............
However, I suppose he was trying to instil in me the value of money, and how it does not come easily, so I have always remembered that, hence I would now not even walk past a 1p piece without picking it up, even though I am very comfortably off financially...........
However, I suppose he was trying to instil in me the value of money, and how it does not come easily, so I have always remembered that, hence I would now not even walk past a 1p piece without picking it up, even though I am very comfortably off financially...........
rohrl said:
Some of you lot have more money than sense. Look after the pennies and eventually you'll have a load of pennies.
This reminds me I counted my coppers jar yesterday, can't remember how long I've been collecting them but it must be a few years. I always chuck my 1p, 2p and 5p coins in an old large Quality Street box from my wallet. Had delusions of there being a three figure sum in there after so many years...Grand total: £34.64
I'll still get some change bags and cash it in at the bank.
nicanary said:
I always pick up coins I've dropped. Why wouldn't you? If you don't it's sheer laziness, unless you've got a disability. And, as has been said, technically it's dropping litter, and punishable with a fine, which would be more than you've dropped.
I walk looking down all the time, it's amazing how much you can pick up. Found a tenner once. And as for people who pay by card for everything - think of the retailer. They have to pay a charge to their business bankers for every card transaction, whether it's a debit card or a credit card. Even for small amounts, it all adds up - the shop I work for pays charges of about £2/300 per month because people can't be bothered to get cash out of an ATM.
What does the cost of banking for the retailer matter to me? They have obviously considered it and thought that they will make more despite the fees through offering card payment as an option.I walk looking down all the time, it's amazing how much you can pick up. Found a tenner once. And as for people who pay by card for everything - think of the retailer. They have to pay a charge to their business bankers for every card transaction, whether it's a debit card or a credit card. Even for small amounts, it all adds up - the shop I work for pays charges of about £2/300 per month because people can't be bothered to get cash out of an ATM.
By all means, have a minimum spend or charge 50p to pay by card, but again it may affect sales as it impacts on convenience. If you offer card as a payment option then don't be surprised that people use it.
An example, for me personally, is that there are 2 nice falafel places near my place of work where I often get lunch from. Both taste similar, charge the same price and have quick service. One takes card, the other is cash only, now given that I rarely carry cash, guess where I spend more of my money.
BoRED S2upid said:
Shortly? It will still be around in 20 years.
I'm not sure it will be that long. Here, anyway. But a while yet, I grant you.I can go weeks and even months without conducting a cash transaction... and still keep money on me because I always have. Like I say: I'm a dinosaur.
I save all my change, 2 quid coins included, even if I use a fiver to buy something for 20p I'll still put all the change in a pot in the van or car. It builds up really quickly and is a good way to save for a holiday or whatever.
I have 2 tupperware boxes full at the moment (one shown here), judging by previous cash-ins I've probably got about 7 thousand at the moment.
I have 2 tupperware boxes full at the moment (one shown here), judging by previous cash-ins I've probably got about 7 thousand at the moment.
br d said:
I save all my change, 2 quid coins included, even if I use a fiver to buy something for 20p I'll still put all the change in a pot in the van or car. It builds up really quickly and is a good way to save for a holiday or whatever.
I have 2 tupperware boxes full at the moment (one shown here), judging by previous cash-ins I've probably got about 7 thousand at the moment.
Good man, I do the same although haven't quite got to the level you have I have 2 tupperware boxes full at the moment (one shown here), judging by previous cash-ins I've probably got about 7 thousand at the moment.
Two jars one for silvers etc and one for £1 and £2.
The second one is in one of those jars that you have to break to get money out, works quite well!
Without any shame at all, I will pick up a penny if i see it lying on the street.
I earn plenty but still see the value in keeping coppers.
Every day i'll empty my pockets, anything less than a 50p piece goes into a big 3.75L vintage grants whisky bottle - the last full one had over £2000 in it so well worth chucking coppers into when possible.
I earn plenty but still see the value in keeping coppers.
Every day i'll empty my pockets, anything less than a 50p piece goes into a big 3.75L vintage grants whisky bottle - the last full one had over £2000 in it so well worth chucking coppers into when possible.
I can easily see the micropayment thing within a decade doing away with cash. Cards that only work with your finger print & tap & pay. The technology exists, it's just a question of time, marketing & extinguishing the flaming torches.
Saying that, I also stick all my change in one of those big old beer stein glasses that I've owned forever & have no idea how I acquired. Usually ends up around £60-£70 a time when I cash it up. The look of loathing & despondency on the bank clerks face is always a sight to behold as I drag my weighted carcass into the branch.
Saying that, I also stick all my change in one of those big old beer stein glasses that I've owned forever & have no idea how I acquired. Usually ends up around £60-£70 a time when I cash it up. The look of loathing & despondency on the bank clerks face is always a sight to behold as I drag my weighted carcass into the branch.
We have a pot that all £2 coins go into, usually about £800 at the end of the year to spend on a holiday. I hate having change in my pocket , every time i get in my car I empty it all into the centre console. Just cleaned it out last week as it was getting a bit full £170 came out. Paid for a nice weekend away :-)
If I drop money I usually just leave it if its under £1. I know someone will pick it up within a few seconds so its hardly littering.
If I drop money I usually just leave it if its under £1. I know someone will pick it up within a few seconds so its hardly littering.
I would pick coins up off the street of any value. Its money I havent had to earn.
I had one of those tins you have to use a tinopener to open for a 3 month period this year. All my £1 + £2 and fifty pences went in there. Opened it in November, had £201. I didnt miss any of the money I put in it, so it was a nice amount to have.
I keep all the coins of a lesser value in a plastic pineapple.. and put it all in the self checkouts when buying groceries and pay the balance on my card.
I had one of those tins you have to use a tinopener to open for a 3 month period this year. All my £1 + £2 and fifty pences went in there. Opened it in November, had £201. I didnt miss any of the money I put in it, so it was a nice amount to have.
I keep all the coins of a lesser value in a plastic pineapple.. and put it all in the self checkouts when buying groceries and pay the balance on my card.
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