One million pennies challenge

LynseyLou_2

Hi folks

I was bagging up my loose change tonight and I had a thought...

You remember the old sayings? Pennies make pounds, look after the pennies and the pounds will look after themselves etc. Well I have decided that I am going to take this advice.

Personally, I cannot stand pennies. They clutter up my purse making me think I am richer than I actually am! So I have decided to save them up - one million of them.

Yup, I am probably crazy but I think it can be done. I am going to be that crazy person that picks a penny up from the street, someone who relishes getting pennies in my change.

I am going to put my pennies into a savings account and watch them grow into pounds.

1 million pennies = £10,000. That's a lot of money!

Wish me luck :rotfl:

JIL

And how many bags of pennies will you have to take to the bank? And if your bank only accepts two bags of change per day like mine does you may not have time to bank them all. You would need 5000 bank working days to bank them.
But good luck in your quest.

[Deleted User]

Good on ya, brilliant idea.I save all my spare change or 'road kill' change in a little tin called the ice cream tin and it gets emptied every August and used for said ice creams for my DGS while we are on holiday.Soon mounts up (not to 10k) but around £80 odd this year.My DGS also keep an eagle eye out for anything on the ground for 'grannies tin'

wendywitch

I have a jar for pennies and twos and a money box for fives, for the same reason as LynseyLou. I'm desperately trying not to touch them til they're full then they'll go in my ISA

psso

Phew, thought you were going to say you'd be the one paying for your shopping at the self serve checkout in the supermarket. It would take a long time to put all those pennies in.

AnnieO1234

A lot of banks are now putting their own machines into self service branches, they're the same as those dreadful ones in the supermarket where you tip in the change and let it do the work, but every penny goes into your account.

X

nonnatus

All my family are obsessed with copper coins!!

every day, we all add whatever we have collected to a large chicken basket and when the chicken gets full we heave it down to the local Coinstar machine at Morrisons.

adds up to around a Tenner off the shop every few months.

We're now starting to play the same game with those fiddly little 5p's...

GOOD LUCK TO YA!

got-it-spend-it

As someone who has lugged bags of £20 of pennies, £10,000 will take up a whole room!

natlie

Good luck


me and my husband have found £32 on the floor this year between us so its do-able


Nat

BJV

We have a pot and both me and my OH but what ever change we had into it and the end of each day. In 5 months we had over £800!


We went on a surprise trip to Euro Disney with the kids and then started another pot straight away. I am hoping it will help pay for Christmas.

SailorSam

I heard a phone-in competion on the radio once, with a prize of £1 million. When a woman won it they told her 'cos of cut backs at the Bbc they wouldn't be able to pay it all in one go but she'd receive it in installments, of 1p per year.
That must have been about 10yrs ago, i wonder is she still getting her money.