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I bet I've accumulated $500 dollars worth of change over the years. What's the best way to convert it into the folding stuff? I've heard Wall Mart gives you a good soaking if you take it to them. Rolling it by hand would get old real fast. Any advice will be appreciated.
Many banks offer coin counting machines similar to Coinstar but without the surchange. Check with banks in your area to see if any have one. If not, I would roll them myself rather than pay 7% to 10% for someone to do it for me. Yes, it's a pain, but hey, it's your money, right?
As lazy as I am, I pay the Coinstar fee and get on with my life.
PS Coinstar offers a free conversion if you accept the gift card (?) option, but I dont trust them. They probably want you to spend the money on some overpriced e-mall.
I bet I've accumulated $500 dollars worth of change over the years. What's the best way to convert it into the folding stuff? I've heard Wall Mart gives you a good soaking if you take it to them. Rolling it by hand would get old real fast. Any advice will be appreciated.
My nearest supermarket has several self-scan checkouts that accept coins. If you don't require cash out you can unload a few dollars every time you shop.
Coinstar offers Amazon and other gift cards for the full value of the coins. If the machine is in a supermarket, you can apply the amount towards your grocery purchase with no fee as well.
I bet I've accumulated $500 dollars worth of change over the years. What's the best way to convert it into the folding stuff? I've heard Wall Mart gives you a good soaking if you take it to them. Rolling it by hand would get old real fast. Any advice will be appreciated.
It would get old for me if I tried rolling all of it--or quite a bit of it--in one sitting.
Maybe getting in the habit of rolling some coins while doing hands-free activities will catch you up, over time (listening to news or music, watching a favorite show, getting some sun in an upright chair, etc.)
If you have school-age children, grandchildren, nieces and nephews, you can teach and have them do it for you--for a fee.
My accumulation of coins comes in handy for parking meters so I always keep some in my car.
The only downside of keeping change over a long period of time is that your purchasing power decreases over time so I would recommend spending change sooner rather than later. Pretty sure we won't be going into a deflationary cycle any time in the near future.
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