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I personally love $5 and $10 bills. I frequently do exact change when I have a bunch of those. Buying a BLT at the bodega? That's $5.75 with a coke. Here's $6.
by tarboreus 9y ago
I personally love $5 and $10 bills. I frequently do exact change when I have a bunch of those. Buying a BLT at the bodega? That's $5.75 with a coke. Here's $6. At the end of the day, I fire my change in a bucket and bring it to a machine once a year to get exchanged.
Also, taking out $100 in 2017 is silly, at least if you spend more than $200 a week, which is most non-students here. I just get out the max that the ATM will let me have and I never regret it.
"But what if I get mugged?" This is silly. If you actually do get mugged, you want to have a big load of money on you, not $3.29. Happy muggers mean fewer dead programmers.
- deleted 9y ago[deleted]
- mixedCase 9y agoIf fewer people carry cash around, there's less of an incentive to mug people for their cash.
- tarboreus 9y agoThis is strictly true, but IMO a better argument against iPhones than against cash.
- rtpg 9y agoThis works less well with other currencies If you're working with euros your largest denomination coin is 2€ . In Yen it's 500 yen! This is not chump change and just throwing those coins into the charity box can leave you with effectively increasing your lunch pricing by 50% if you have a "give all coins to charity" policy. If you have the cash for it more power to you, of course.
- Simon_says 9y agoWho said anything about charity?
- rtpg 9y agoAh, I think I misread the original comment to be something like "drop the coins in the tip jar". Please disregard.
- SomeStupidPoint 9y agoOP is dumping the change at home, then converting it to bills all at once. That works even when coins have non-trivial value.
- tolien 9y agoIgnoring the coin jar/charity box confusion, I've tended to keep the bigger coins around and just spend them - a few £1-2 coins don't weigh that much, aren't taking up a great deal of room and will buy your lunch entirely. Then they're not your problem any more. 500 yen's over £3, so I'm guessing you don't get many of those in your lunch change? The top result for "how much is lunch in Japan" [1] suggests that your 500 yen coin would just about cover the next day's lunch and is lighter (barely; 7 grams versus 8.75g) than a British one pound coin [2,3]. The coin sorting machines that you might tip a coin jar into take a decent chunk of your money for the privilege of counting it (e.g. CoinStar charge 9.9% [4]). 1: https://www.withhusbandintow.com/costs-to-eat-in-japan/ https://www.withhusbandintow.com/costs-to-eat-in-japan/ 2: https://en.wikipedia.org/wiki/One_pound_(British_coin) https://en.wikipedia.org/wiki/One_pound_(British_coin) 3: https://en.wikipedia.org/wiki/500_yen_coin https://en.wikipedia.org/wiki/500_yen_coin 4: http://www.coinstar.co.uk/FAQ http://www.coinstar.co.uk/FAQ