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<p>[QUOTE=&quot;Hobo, post: 310485, member: 11521&quot;]To each his own. Personally I wouldn&#039;t save up money for a vehicle this way but it seems to work for this fellow.</p><p>&nbsp;</p><p><a href="http://www.9news.com/news/watercooler/article.aspx?storyid=83278" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.9news.com/news/watercooler/article.aspx?storyid=83278" rel="nofollow"><br /></a></p><p><a href="http://www.9news.com/news/watercooler/article.aspx?storyid=83278" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.9news.com/news/watercooler/article.aspx?storyid=83278" rel="nofollow">Man pays for new truck with loose change</a></p><p>&nbsp;</p><p><br /></p><p>&nbsp;</p><p>Let&#039;s see. He saved $26,000 over 13 years (1994 - 2007). That&#039;s $2,000 per year. That works out to $5.48 per day. I don&#039;t know about you but I rarely get $5.50 in change in one day, much less every day. So I suspect this guy wasn&#039;t simlpy saving his pocket change; he was collecting change every day to toss in a can. Wouldn&#039;t it be a lot easier to drop a couple of $20s in the can every week? You would end up with essentially the same amount of money at the end of the year AND it would be a LOT easier to dispose of. But that way won&#039;t get you written up in the newspaper, will it?</p><p>&nbsp;</p><p>So the guy had to get a police escort to the car dealership and the car dealer had to pay an armored car company to 1) count the change and 2) transport it to a place that will accept that much change. If I were the dealer I would have told the guy to come back when he was able to pay for a vehicle with something other than coins.</p><p>&nbsp;</p><p>The guy could have taken his stash to CoinStar. At 8.9% that would have only cost him $2,314. Ouch!</p><p>&nbsp;</p><p>So why didn&#039;t this guy simply take his rolled coins to his bank every month or two and convert them into cash? (That&#039;s right. He wouldn&#039;t have made the news if he had paid for the truck with currency.)[/QUOTE]</p><p><br /></p>

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