Comments on: I Gladly Paid A 9.8% Fee To Have My Coins Counted http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/ A personal finance blog written by Preet Banerjee Wed, 23 May 2012 17:49:11 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Preet http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-6785 Preet Tue, 07 Sep 2010 03:44:28 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-6785 Hmm. I think my 9.8% fee trumps your 50%+ fee! Hmm. I think my 9.8% fee trumps your 50%+ fee!

]]> By: Mark Wolfinger http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-6783 Mark Wolfinger Tue, 07 Sep 2010 03:35:27 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-6783 Coins are easy to spend. I always carry 9 pennies when i plan to pay with cash. That way I get some out of my house with great frequency. I spend the required 0-5 pennies, and always give 5 extra pennies. The big pile of pennies has dwindled. Coins are easy to spend. I always carry 9 pennies when i plan to pay with cash. That way I get some out of my house with great frequency. I spend the required 0-5 pennies, and always give 5 extra pennies.

The big pile of pennies has dwindled.

]]> By: Dimes, Cents, Milles? | WhereDoesAllMyMoneyGo.com http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-6780 Dimes, Cents, Milles? | WhereDoesAllMyMoneyGo.com Tue, 07 Sep 2010 01:01:53 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-6780 [...] just seem to weigh down my pants and take up space in my house. They are so much of a hassle that I gladly pay almost 10% in commission to have someone else count them and convert them to bills. Imagine if we had coins for tenths of a [...] [...] just seem to weigh down my pants and take up space in my house. They are so much of a hassle that I gladly pay almost 10% in commission to have someone else count them and convert them to bills. Imagine if we had coins for tenths of a [...]

]]> By: David http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-1305 David Mon, 15 Feb 2010 03:10:43 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-1305 Your time isn't worth anything if you weren't going to make any money any way. I agree though, counting coins is a waste of time, that's why I'm glad my gf is happy to do it for me. Your time isn’t worth anything if you weren’t going to make any money any way. I agree though, counting coins is a waste of time, that’s why I’m glad my gf is happy to do it for me.

]]> By: Tweets that mention I Gladly Paid A 9.8% Fee To Have My Coins Counted : WhereDoesAllMyMoneyGo.com -- Topsy.com http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-1304 Tweets that mention I Gladly Paid A 9.8% Fee To Have My Coins Counted : WhereDoesAllMyMoneyGo.com -- Topsy.com Tue, 19 Jan 2010 17:15:14 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-1304 [...] This post was mentioned on Twitter by Preet Banerjee, Luke Walker. Luke Walker said: Finally, someone agrees with my pro-coin-counting-machine/anti-coin-rolling stance: http://tr.im/KTTR [...] [...] This post was mentioned on Twitter by Preet Banerjee, Luke Walker. Luke Walker said: Finally, someone agrees with my pro-coin-counting-machine/anti-coin-rolling stance: http://tr.im/KTTR [...]

]]> By: Preet http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-1303 Preet Tue, 19 Jan 2010 01:53:23 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-1303 @ Mark Wolfinger: easier said than done! @ Christopher: thanks for the link - good find. @ Connie: I would also have little problems with that alternative. @ Michael James: yes, we plucked the bigger coins out from the sorting pan. It was like finding gold. Well, maybe not that dramatic. @ Big Hockey Man: anything like the Deathstar Canteen? Youtube that if you don't know what I mean. @ Cdn Couch Potato: You're on! You'll regret it, I'll bet! @ Mark Wolfinger: easier said than done!

@ Christopher: thanks for the link – good find.

@ Connie: I would also have little problems with that alternative.

@ Michael James: yes, we plucked the bigger coins out from the sorting pan. It was like finding gold. Well, maybe not that dramatic.

@ Big Hockey Man: anything like the Deathstar Canteen? Youtube that if you don’t know what I mean.

@ Cdn Couch Potato: You’re on! You’ll regret it, I’ll bet!

]]> By: Doctor Stock http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-1302 Doctor Stock Mon, 18 Jan 2010 20:39:52 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-1302 Yip... at some point, you have to evaluate how much you would pay yourself. Some have more time... some have more money - this is a market in and of itself. Yip… at some point, you have to evaluate how much you would pay yourself. Some have more time… some have more money – this is a market in and of itself.

]]> By: Michael James http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-1301 Michael James Mon, 18 Jan 2010 16:09:52 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-1301 Gorilla: The difference is that your real estate agent won't show up again next year demanding another 5%. The mutual fund will hit you year after year for yet another 1.5% (more like 2-3% in Canada). The real estate agent is expensive, but still cheaper than a mutual fund if you stay in your house for longer than 3 years. Gorilla: The difference is that your real estate agent won’t show up again next year demanding another 5%. The mutual fund will hit you year after year for yet another 1.5% (more like 2-3% in Canada). The real estate agent is expensive, but still cheaper than a mutual fund if you stay in your house for longer than 3 years.

]]> By: Ink-Stained Gorilla http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-1300 Ink-Stained Gorilla Mon, 18 Jan 2010 16:06:16 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-1300 Good post. I had the same response to real estate. People complain about a 1.5% fee on a mutual fund, but will often pay in excess of 5% on a home listing. Good post. I had the same response to real estate. People complain about a 1.5% fee on a mutual fund, but will often pay in excess of 5% on a home listing.

]]> By: Michael http://wheredoesallmymoneygo.com/i-gladly-paid-a-9-8-fee-to-have-my-coins-counted/#comment-1299 Michael Mon, 18 Jan 2010 15:27:49 +0000 http://www.wheredoesallmymoneygo.com/?p=1583#comment-1299 I have 2 jars for coins at home. First one is for quarters, loonies, toonies. Second one is for pennies, nickels, dimes. The larger coins get spent (usually in parking meters!) and the smaller ones get dumped into the 10% fee machine at the grocery store (usually takes > 1 yr to fill). The pre-sorting into 2 jars makes it easy. I try to avoid coins in the first place but this system has worked well for many years. I have 2 jars for coins at home. First one is for quarters, loonies, toonies. Second one is for pennies, nickels, dimes. The larger coins get spent (usually in parking meters!) and the smaller ones get dumped into the 10% fee machine at the grocery store (usually takes > 1 yr to fill). The pre-sorting into 2 jars makes it easy. I try to avoid coins in the first place but this system has worked well for many years.

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