Thursday, March 29, 2012

If You Haven't Got a Penny...

The Canadian Gov't announced today that it will stop producing pennies in the fall.  Apparently, pennies cost more to produce than they are worth, so prices in Canada will be rounded up to the nearest nickel.  (YEAH!)

Coincidently, I have a penny collection... kind of.  I never really set out to collect pennies, I just find that they tend to fill up my wallet.   So, I got into the habit of going into my wallet every once in a while  and taking all the pennies out.  I don't know if I saved them, really, but once I got into the habit of setting them aside, I sort of got out of the habit of paying for things with pennies.  I usually end up paying with a larger coin and get pennies back.  

I started with a cup that I threw my pennies into at first.  It turned into a jam jar and then a mason jar.  Now I've got the pennies in a gallon-sized jar.  Just the other day, I was wondering how many pennies there were in there.  I don't expect they're worth all that much, but I've always figured that one day I'd cash them in and buy myself a treat.  Now, I'm thinking that they might be worth a little more if I save them for a while longer, until pennies are a thing of the past like the $2 bill.

For once, it seems that one of my mindless quirks might actually end up paying off.

6 comments:

  1. Quirkie is fun! They have been talking about getting rid of pennies here forever. Nickels too.

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    1. Nickels too? Dang. So, when a 7% tax means that something costs $2.14, that means we'll be out an extra 6¢.... or the stores will be out 4¢, and they'll use that as an excuse to jack the prices even higher.

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  2. I was watching the budget highlights too. I wasn't as concerned about the penny as I was watching my pension date get further away!

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    1. Yeah, the pension thing is a little worrisome. I am hoping to be able to retire by my mid fifties. At this rate, I wouldn't be surprised if the gov't pension didn't kick in for me until I'm 70.

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  3. Wow! Wonder if we will be doing that soon here!

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  4. I'm thinking save them until they're like a 50 cent piece.

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