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My grand experiment of accumulating spare change during my workweek concluded yesterday.
My jackpot: $8.53 of quarters, nickels, dimes, and pennies. So, over a year, that’s about $400-500. Whoopee.
I didn’t cheat, along the lines of forcing more cash purchases than I usually do; I did refrain from reaching for coins a couple of times, but not enough to significantly alter things. My credit card got the regular amount of action. So this represented a typical week of transactions.
No big lesson to learn from this. It was strictly for satisfying my curiosity.
Incidentally, I already participate in this sort of change-collection. Bank of America’s “Keep the Change” program rounds up each credit/debit card purchase to the next dollar and deposits the difference into a savings account. It tends to add up.
B of A is the jam. It seems like at every turn, they are trying to figure out a way to give their customers free money. I participate in “Keep the Change” as well, and I love it.
Comment by Malcolm — 05/07/2021 @ 2:11 PM
I’ve mentioned elsewhere that when it comes to the megabanks like BofA and Wachovia, you pretty much have to hold your nose and pick one. Yeah, they’ll screw you hard on a lot of things, but there are advantages to their bulk. I have to admit the “Keep the Change” promotion was a deciding factor in me going to them.
Comment by CT — 05/08/2021 @ 11:28 AM