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The Best Way to Convert Your Loose Coins Into Cash

Stop letting those loose coins clutter your cupboards! Find out how you can quickly and easily convert them into cash with this straightforward guide.

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The Easiest Way to Turn Spare Coins Into Actual Cash

If your piggy bank is full of coins, it is time to convert them into cash! Source: Canva.

Do you have a jar of coins collecting dust in your closet or a drawer full of change at the bottom of your dresser? If these loose coins are cluttering your cupboards and getting in the way of decluttering goals, it’s time to convert them into cash. 

That’s right. This blog post will take you through everything you need to know about converting all those loose coins into cash! 

So sit back and relax while we explore one of the easiest and most effective ways to turn spare change into actual money.

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Cash in Your Change: How to Convert All That Loose Change Into Money

Money isn’t always dime-sized and orderly – it can come in all shapes, sizes and colors. But when it comes to your loose change, it just seems to pile up with no end in sight! 

If you’re tired of your spare coins taking over your cupboards and closets. The solution is simpler than you think: learn how to convert your jumble of coins into cold hard cash! 

Read on for our money-savvy tips on turning that pocket change into moola you can use!

Visit your bank or credit union

Many people don’t pay attention to coins, but they’re cash too! Source: Canva.

Convert loose coins into cash at your bank or credit union next time for the ultimate escape from digging your coins out of the couch cushions. 

Who knew you could sort coins without having to shell out a service fee? If you’re lucky enough to have an account at one of the banks with Coinstar machines, you’ll get to keep all your loose change sans fees.

And don’t worry if your bank doesn’t have a machine. You can still convert those coins into currency at no extra cost. 

Roll your coins

Whether you’ve been collecting change from couch cushions, parking meters, or store purchases for months, there’s no better time to convert those loose coins into cash!

Check with the nearest bank for free coin wrappers and hit up dollar stores, office-supply stores, or Amazon for cheap packaging in any size. 

It’s a great way to introduce young kids to money values hands-on. Don’t be surprised if counting up all those pennies, nickels, dimes, and quarters leads to a few good lessons in math. 

Short on patience (or just want something more efficient)? Coin-sorting machines, from Walmart to Amazon, can be found for $50 or less. So convert that change into money before it rolls away!

Find a Coinstar kiosk

You can use a coin-sorting machine to save time. Source: Canva.

For those of us who have yet to convert our loose change into cash, Coinstar has come to the rescue; a lifesaver for those who despise counting coins.

While there are several coin-sorting machines around, Coinstar is clearly the most popular. With thousands of kiosks popping up in North America, Western Europe and Japan each year. 

Thanks to major chains such as CVS, Target, Safeway, and Walmart, who often place their kiosks near their storefronts. Converting your coins into money couldn’t be easier! 

Just insert them carefully into the machine and wait for your total to appear on the receipt that then prints out. It’s quick and painless! 

On the one hand, you don’t have to worry about sorting or counting coins… but on the other hand, there is an 11.9% surcharge deducted from the total (plus a 25-cent fee per transaction).

So we just have to decide whether it’s worth it or not!

Go to your local Publix  

Heading to your local Publix? Don’t forget to convert any loose change you have into cash! 

Publix offers a convenient coin sorter near the entrance of all its locations that comes with a 10% fee. Still much lower than Coinstar’s rate. 

It’s one of many reasons why so many people love shopping at their friendly neighborhood Publix!

Check if local retailers allow for coin exchange

If you find yourself needing to convert all of those loose coins into actual cash, there are several ways to do it. 

Many grocery stores and other retailers offer self-check-out kiosks and machines that accept coins as payment, so your stockpile won’t go to waste.

Some gas stations, like QuikTrip, even have coin-exchange machines available. So you can convert those piles of coins into paper bills. Keep the change, indeed!

Converting your spare change can be a great way to treat yourself or stash it away for an emergency. 

Why not convert those pockets full of coins into crisp paper money that can be used to make purchases, contribute to a rainy day fund, or score some awesome gift cards? 

Before you know it, dropping that coins into buckets will add up fast. So why wait? Thank goodness technology has given us the means to convert loose change into cash without all of the manual labor!

How to build an emergency fund

Let’s face it, life can be unpredictable. We all want financial freedom, but sometimes unexpected costs and unforeseen circumstances pop up and can get in the way of achieving that goal.

But this is why building an emergency fund is so important – a cash reserve you can turn to when life throws you curveballs! 

In the next blog post, we’ll show you exactly how to create a sturdy emergency fund that will give you the security of knowing your finances won’t be thrown off if disaster strikes. 

So read on and learn how to prepare for the inevitable with ease!

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About the author  /  Vinicius Barbosa

Vinicius Barbosa is a writer of finance-related content on this portal. Graduated in Social Communication, he writes about everything that involves the world of finances, from credit card recommendations to investment tips, for readers who want to make better decisions when it comes time to spend their money or invest wisely.

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