Loose Change adds to my net worth
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As stated in my most recent financial goal of hitting $5,000 by the end of the year, I was forecasting to convert my annual loose change into $200.
After going to the local Coinstar machine, I was able to convert my loose change into $264.36. I was able to avoid the coin counting fee by selecting from a list of merchants that would pick up that fee if you convert your change into a gift card at their shop, similar to an affiliate program.
Beating my forecast by over $64 was very much needed, and I will add the entire amount to my net worth.
Author Disclosure: At the time of posting, I do not own any shares of Coinstar (CSTR).
8 Comments on this post
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House Design Sydney said:
Your pension is a great financial “asset” in terms of security, but If you want to increase your net worth or diversify your portfolio, you must use your payment to purchase stocks, bonds, real estate, cash or something else that can be clearly listed on your personal financial statement.
November 24th, 2009 at 1:38 am -
vitamins said:
I actually use to deliver for a restaurant. I got change all the time! Sometimes it was cool because then I had change for the laundry. Other times people would pay the whole bill in change!
November 25th, 2009 at 5:26 am -
market samurai review said:
You operate and make financial decisions based on your paycheck after the deduction and based on other assets. It’s kind of like what peole do when they get a raise.
November 25th, 2009 at 10:09 am -
Sensual photography said:
Read the 2 books below by Thom Stanley. He has a nice little calculator to show you where you are based on where you could potentially be for your age. I did it the first time I read it.
December 1st, 2009 at 8:29 am -
nintendo r4ds said:
I actually use to deliver for a restaurant. I got change all the time! Sometimes it was cool because then I had change for the laundry. Other times people would pay the whole bill in change! One time I had over $30 in quarters and dimes between 2 oreders! At least most of it was in those coin roll holder things.
December 4th, 2009 at 4:11 am -
Surfers paradise said:
Click on Network Settings. Right click on ur network and choose advanced. Click set manual key and type in a password.
December 17th, 2009 at 1:58 am -
accident claim solicitors said:
Last year was certainly terrible, and 2009 looks to be shaping up to be kinda bad as well. I am not optimistic we will see a meaningful recovery in the middle of the year – more like 2010.
March 3rd, 2010 at 2:14 am -
accident claim solicitors said:
The value of your home is irrelevant, unless you were to sell it in which case you would be taxed on capital gains (under Obama or McCain). you won’t be getting a tax credit if you don’t have any income because you haven’t paid any taxes to get a credit on.
March 5th, 2010 at 12:48 am
