Down with the Penny

Tuesday, June 7, 2016

I have always used my pennies to give exact change.  I find this keeps me from breaking other coins or bills down.  I have a harder time giving bigger denominations out and the penny has helped me keep my bills large.  Despite this I never seem to get rid of them all before they start to fill my wallet. Then they are eventually poured into a jar where they sit around for six months or so until I am broke again or the jar fills up and I turn them in for bills at the local Coin Star.   I really don't think my life would change much if I gave up the penny.  I would save time in line sorting out the small coins and save my country money.  In most areas of the Netherlands they don't use the one or two Euro cent coin.  Rounding to five cents. This video sheds more light on the matter.