💰 Are We Really Throwing Away Millions in Coins? Let's Talk Loose Change! 💸

Description:
🎉 As a financial advisor, I'm used to perusing the Wall Street Journal for market insights, but nothing prepared me for this shocking revelation – Americans are tossing away up to $68 million in coins every year! 😱

In today's digital age, physical coins seem like relics of the past. When was the last time you actually used coins for anything other than collecting dust? Toll booths, laundromats, even vending machines now accept cards, leaving coins abandoned and forgotten. 💳💰

But are we really just chucking away our change? According to waste management company Reworld, we might be doing just that. They estimate that Americans are tossing millions into the trash annually, with over $10 million found in the past 7 years alone. 💸🗑️

It's a staggering amount considering the US Mint spent over $700 million producing coins last year. And where do most of these coins end up? Sitting in our homes or left behind at TSA checkpoints. 💼✈️

But fear not, there's hope for our neglected coins! Instead of tossing them away, here are three simple alternatives:

Exchange them for paper money at a local credit union or community bank.
Wrap and roll them for easier use in transactions or at the grocery store.
Utilize self-serve coin-counting machines like CoinStar to turn your loose change into cash or gift cards. 💵💳
Sure, it may seem like a hassle, but treating money with respect – even the humble coin – is part of being a good steward of your finances. Plus, who doesn't love the satisfaction of turning loose change into tangible value? 💪💰

So, how do you feel about coins? Are they part of your everyday carry, or do you toss them aside without a second thought? Share your thoughts in the comments below, and remember – every penny counts! See you in the next episode. 🚀📺

Watch this next:    • Emergency Cash Stash: How Much to Kee...  

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O’Grady Financial LLC is a Registered Investment Advisor. Information presented on this channel is only for educational and informational purposes. It is not intended to be financial advice for any individual or entity.


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