7 Ideas for Using Spare Change

By on April 17, 2014

using spare changeThese days, most people use credit cards and debit cards to pay for their purchases mostly out of convenience.

However, there are still many people out there who love using cash, especially when they are fans of all that loose change!

If you have a ton of loose change hanging out in your pockets or in a piggy bank in your home, here are a few ideas of what to do with it:

1. Go to the laundromat

Even if you have a washer and dryer at home, go to a laundromat where they have massive washers and dryers. For a few quarters, you can get several loads of laundry done at once, saving you from Saturday chores that last all day.

If that doesn’t sound like your idea of fun, you can always save the quarters for your college student or your niece or nephew who has to use a shared laundry unit in their apartment.

2. Use it at vending machines

Loose change is great for grabbing a quick snack at a vending machine. In fact, if you want to do a random act of kindness, you can pre-load some change into a vending machine so that the next person gets their coke for free.

3. Donate it

There are many charities that would love to receive a bucket of loose change. It’s more common to see people asking for it around the holiday season, but you can call up any of your local groups to see if they’d be interested in having it.

4. Toll booth charges

If you or someone you know frequently has to pay for tolls or goes the long way to work to avoid tolls, surprise them by sending them money for the toll booths. It’s an easy way to rid yourself of the change and do something nice at the same time.

5. Buy yourself dinner

My dad loves taking his loose change to the grocery store. He pours it into a coinstar machine and then buys dinner with the cash that he gets from it. Many people don’t know that you actually aren’t charged a fee at these machines if you exchange your coins for a gift card. You can even turn old gift cards into cash too.

6. Use it for scratch offs

Not only can you use your spare change to buy a scratch off ticket, but you always need a loose penny to actually do the scratching off! I’m not a huge fan of gambling, but it’s fun to buy a scratch off every now and then, especially if you purchase it with change you happened to find on the ground.

7. Learn a Magic Trick

If all else fails you can use your coins for magic tricks to impress the grandkids. Trust me, every 5 year old you know would love to hang on to a nickel that magically came out of their ear!

All in all, there are tons of ways that you can utilize your spare change especially if you are interested in using it to do a little bit of good in the world!

About Catherine Alford

Catherine Alford is a personal finance writer who received a B.A. from The College of William and Mary and an M.A. from Virginia Tech. When she is not writing for other websites on all topics frugal and fabulous, she enjoys sharing her adventures on her blog, www.BudgetBlonde.com. Follow her on Twitter @BudgetBlonde or like Budget Blonde on Facebook.

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