(no subject)

[which_chick]

I also counted out my change jar (actually a large ceramic flower pot) this evening. I do round dollar amounts for each coin set (the odd bits get thrown back in the jar to breed more money) and I came up with $81.00 in the change jar -- it had been high-graded for quarters a number of times because I don't carry much cash, don't have an ATM card, and frequently root through the change jar for walking-around money. Of that, seven dollars was in pennies. Tomorrow, I'll take it in to the bank where they will run it through their machine and count it for me. As far as I know, this is a free service of my bank -- they didn't charge me the last time I took change in to be counted. The reason I count it first is so that I will know if I'm being cheated. :)

What happens to pocket change at your house? Do you have a change jar? Do you carefully organize your life so that there is no NEED for a change jar? Do you fish the change out of the washer and immediately run off to spend it? What's the deal? Tell me!

Comments

Change

[ardvaark99999.livejournal.com]

My change goes into a jar at home. When the jar gets full, it goes into a tupperware tub with a hole cut in the top that the elder child made as a project at school. I have a change tub downstairs, where it usually goes. I also have a candy dish upstairs for the same purpose. The change rarely gets cherry-picked. I probably have about fifteen pounds of change right now.

I'm sort of curious about what an average pound of change (not cherry-picked) would be worth. I might experiment. I could weigh the three tubs, count it and report back.

If I have a normal pocket's worth of change at the end of each day, you think that it would average out over time that I have a normal distribution of change dumped into the three tubs, or at least a normal distribution based on my usage history.

If the distributions are normal enough, I bet that there would be some fairly consistent, typical value per pound, so long as the coins are not cherry-picked. Then I could estimate when I have enough change to make it worthwhile to count it. In addition, if it deviates from the expected value, I could holler at someone for cherry-picking it.

BTW, the cash goes into a college fund for the kid with the lower college fund balance when it gets counted out.