You look around and you realize you have some change in a jar in the house. Some change in the car, some in your purse, some in your pocket, some on the night stand and you realize
that this could really start to add up. The problem is who wants to round up all the loose change, sort it, count it and roll it? If you have a lot of change that could be a very daunting task that could take a while. However, you know that you’ve probably got a good chunk of money once you gather it all together. What do you do to keep your coins organized? Buy a coin counter. Count counters are great because you don’t have to do anything but put the coins in and it sorts itself.
There are different variations of coin counters that you could use depending on how often you want to count your change and how much change you have to count. If you are just collecting coins at home then you can get a pretty inexpensive coin sorter. If you are counting coins because you own a business that deals with a lot of coins, then you may want to look into a heavy duty coin counter.
Commercial coin counters are pretty heavy duty. They can count up to a few hundred coins per minute and can hold up to a few hundred to a thousand coins in the hopper. They usually have LCD displays which will show you the total dollar amount and the number of coins that the machine counted. They can vary in price but usually start around $300 and go up from there.
If you are looking for a simple coin counter for home then you don’t have to worry about breaking the bank or getting a machine that’s just too fancy and unnecessary. If you want
just a basic machine with nothing fancy, I would suggest getting a simple motorized automatic coin sorter, also called an electric coin sorter which can start around $15. You can usually drop about twenty coins in the hopper at a time, push the button and the machine drops the coins in the correct tube. You can either put your coin paper wrappers already in the tubes or do it after the tube is full. Then all you have to do is add up the rolls and take it to the bank!!
Now, if you don’t want to waste any time adding up exactly how much money you counted, you can buy a digital coin counter. These things are pretty sweet. These generally are a little more improved than a basic electronic coin counter. The digital coin counter can show you how many pennies, dimes, nickels and quarters are in each tube AND can give you a grand total of all the money you sorted. They usually can hold more coins in the hopper, about double what a basic coin sorter can hold. Some machines also have the ability for you to subtract coins as necessary. These generally run around $40 and up.
So now you will always have coins sorted and counted for you. No more rounding up all your miscellaneous change. Not to mention, these are great for kids too. It’s basically a piggy bank and can be used to help them achieve a financial goal for something they want to buy. Maybe every time they wash your car or do something without you asking, you grab a handful of coins and drop them into their coin counter? It’s a great reward system and they can always keep an eye on how much money they have earned. What if you’re kids are spoiled enough and its time to reward yourself. You work, clean, cook, fix the car, whatever it is you do, you deserve a reward. I have one friend who collects all her coins throughout the year and at the end of the year she buys herself something nice. Last year she saved $200 and was able to go put that money towards a really nice coach purse that she had been wanting for a while. So use it to save for a pedicure or maybe a girl / guy’s night out, a round of golf or a romantic dinner. All I know is that keeping your change organized not only helps reduce clutter but you start putting that pain in the butt change to some good use!!
