Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

    • ViktorOnopko
    • By ViktorOnopko 8th May 18, 10:36 AM
    • 114Posts
    • 255Thanks
    Managing Loose Change
    • #1
    • 8th May 18, 10:36 AM
    Managing Loose Change 8th May 18 at 10:36 AM
    How do you folks deal with the loose change that comes back in to your house on a regular basis? There must be some clever ways of managing it on here :-)

    We tend to drop it all in a bowl and change it when that bowl overflows but I'd love a better way of organising it.
Page 1
    • ChesterDog
    • By ChesterDog 8th May 18, 10:40 AM
    • 895 Posts
    • 1,676 Thanks
    • #2
    • 8th May 18, 10:40 AM
    • #2
    • 8th May 18, 10:40 AM
    I take mine out with me when I go to the local Co-op and shovel it into the self-service checkout when paying.
    I am one of the Dogs of the Index.
    • AimHigh
    • By AimHigh 8th May 18, 10:42 AM
    • 130 Posts
    • 49 Thanks
    • #3
    • 8th May 18, 10:42 AM
    • #3
    • 8th May 18, 10:42 AM
    Whack some in your glovebox to pay for car parks that haven't been updated for 30 years
    • jimjames
    • By jimjames 8th May 18, 1:44 PM
    • 13,082 Posts
    • 12,031 Thanks
    • #4
    • 8th May 18, 1:44 PM
    • #4
    • 8th May 18, 1:44 PM
    I spend it. I'm not really aware of this concept of lots of loose change. I tend to pay by card or contactless so very rarely have much cash about.
    Remember the saying: if it looks too good to be true it almost certainly is.
    • planteria
    • By planteria 8th May 18, 1:57 PM
    • 5,080 Posts
    • 1,131 Thanks
    • #5
    • 8th May 18, 1:57 PM
    • #5
    • 8th May 18, 1:57 PM
    same here jimjames. colleagues pile it into a container and I tend to weigh it in with 1 bags.
    • TBC15
    • By TBC15 8th May 18, 3:15 PM
    • 761 Posts
    • 417 Thanks
    • #6
    • 8th May 18, 3:15 PM
    • #6
    • 8th May 18, 3:15 PM
    I'm married so don't have loose change. Most days are a cross between a security check and a mugging.
    • Linton
    • By Linton 8th May 18, 3:42 PM
    • 10,304 Posts
    • 10,677 Thanks
    • #7
    • 8th May 18, 3:42 PM
    • #7
    • 8th May 18, 3:42 PM
    Keep the 10ps, 20ps and 50ps. Our local town carparks want 80p/hour which makes change a real hassle. 1 and 2 ps go in a charity box.
    • firestone
    • By firestone 8th May 18, 5:18 PM
    • 350 Posts
    • 161 Thanks
    • #8
    • 8th May 18, 5:18 PM
    • #8
    • 8th May 18, 5:18 PM
    I'm married so don't have loose change. Most days are a cross between a security check and a mugging.
    Originally posted by TBC15
    Please no talk of foreplay before the watershed
    • lpgm
    • By lpgm 8th May 18, 5:26 PM
    • 266 Posts
    • 154 Thanks
    • #9
    • 8th May 18, 5:26 PM
    • #9
    • 8th May 18, 5:26 PM
    I don't think of it as loose change. Cash is cash.
    • HeyG
    • By HeyG 8th May 18, 5:33 PM
    • 4 Posts
    • 1 Thanks
    Get a coin jar and just throw it all in there, it really all adds up. I've got one and I throw in coppers and silvers. Cashed it up and put it towards Christmas shopping - it was almost 70!
    • zerog
    • By zerog 8th May 18, 6:57 PM
    • 2,389 Posts
    • 837 Thanks
    In the places where I still use cash, I spend coins normally and don't understand why most people are unable to.

    Unless there's a specific reason you need to keep certain coins (e.g. buses that don't give change, coin laundrette) or a shop has run out of fivers, you should never have more than 9 in coins.

    Suppose something costs 3.62 but you have less than 3 of coins.

    If you have 62p, pay 5.62 and get 2 change instead of 1.38. Or pay 10.62 or 20.62 if you really have to.

    If you don't have 62p, but you do have 2p, then pay 5.02, getting rid of 2p is better than getting another 8p.

    Instead, some people seem to have an aversion to spending coins.

    Germans don't seem to have a problem with doing this.

    In Japan, another advanced country where cash is still heavily used, many shops have a coin counter in their registers, even if it's not a self-checkout - so you just put all your coins on the tray and their machine will do everything for you, so you usually end up with the fewest possible number of coins in your wallet. This is also the case in Scandinavia, but cash usage in those countries has dropped and some places are card only.
    • 6022tivo
    • By 6022tivo 8th May 18, 7:04 PM
    • 572 Posts
    • 132 Thanks
    I pay with card, preferably contactless everywhere, so rarely have change
    • SG27
    • By SG27 8th May 18, 7:06 PM
    • 2,602 Posts
    • 1,830 Thanks
    I just spend it. I never have more than a few quid in change. Then when I go to shop just count out the exact amount. Or im going to 20 petrol in the car and ive got 2.34 in my pocket ill fill up to 22.34.
    • ColdIron
    • By ColdIron 8th May 18, 7:31 PM
    • 4,941 Posts
    • 6,586 Thanks
    Suppose something costs 3.62 but you have less than 3 of coins.

    If you have 62p, pay 5.62 and get 2 change instead of 1.38. Or pay 10.62 or 20.62 if you really have to.
    Originally posted by zerog
    I do this but you have to go through the following rigmarole every time
    1. Hand over 5.62
    2. Wait 5 seconds as they pause with wrinkled brow thinking 'what is this'?
    3. They ring it up anyway
    4. Wait another 5 seconds as they hesitantly hand back 2 wondering if you have diddled them
    'Making change' seems to be a lost skill these days
    • DollarPincher
    • By DollarPincher 9th May 18, 8:27 PM
    • 8 Posts
    • 0 Thanks
    My little sister takes all of my loose change aha
    • Katiehound
    • By Katiehound 9th May 18, 9:12 PM
    • 4,691 Posts
    • 39,364 Thanks
    Yes they struggle at the till if you have made it easier for them!
    Part of the problem is that the till works out the change.
    In the 'good old days' the first thing you were taught in M&S was to start at the selling price and put the coins into the customer's hand adding them up as you went until you reached the sum offered. That's the way you also learned you had given change for 5 rather than the customer's 10. Oops- time to call the supervisor to open the till. (Perhaps in the days I'm thinking of it was 1 rather than 5!)

    I just spend change as I get it- contactless isn't accepted on the fruit & veg market stalls!

    I can remember taking a bag of copper into a local bank and they were very 'iffy' about it- think I had to put the money into the account when really I just wanted larger denominations.
    Being polite and pleasant doesn't cost anything!
    If you found my posting helpful please hit the "Thanks" button!
    Many thanks

    2018 Wombling : Entrant 8 ..6470cc+3045mm (3.04.5) + RK 8.03
    • Flobberchops
    • By Flobberchops 9th May 18, 9:27 PM
    • 930 Posts
    • 764 Thanks
    First priority is to sift through change to find any commemorative 50p or 2 coins (back in the days of round pounds, I'd check them too). Any special designs go in my collection and any duplicates go on ebay.

    Bulk change can be paid into Metro Bank coin machines, either into my savings or taken as cash (even non customers are welcome to swap coins for notes using the machines, although expect to have one of their really peppy members of staff all but hold your hand as you do so).
    I work for a UK bank, but any comments made on this forum are solely my personal opinion. Caveat Emptor!
    • boliston
    • By boliston 9th May 18, 9:29 PM
    • 2,841 Posts
    • 2,413 Thanks
    It is handy for buying a coffee
    • gallygirl
    • By gallygirl 9th May 18, 11:36 PM
    • 16,726 Posts
    • 110,318 Thanks
    Anything less than 50p used to go into Peefer Pig and when he was full I bagged it up and paid into a bank account via the PO. Then I went home, logged onto my bank account and paid it off the mortgage .

    Now living in Spain, there's not really a culture of saving coins and quite often in supermarkets and always at markets they let you off with the odd cent or two . I still expect my full change back though .
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = 0
    "Do what others won't early in life so you can do what others can't later in life"
    • Plus
    • By Plus 9th May 18, 11:47 PM
    • 409 Posts
    • 319 Thanks
    Always pay with the smallest coins first. If something costs 3.62, first find 2p, then some silver to make 60p, then 3 in 50p/1/2 coins. Don't break 2 or notes unless you have to.

    Usually my problem is not having enough coins, not too many.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,746Posts Today

6,249Users online

Martin's Twitter